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U.S. and UK Seal AI, Cybersecurity, and Clean Energy Deals During Trump Visit

The United States and Britain announced new energy and technology agreements during President Donald Trumps visit to the United Kingdom with the goal

The United States and Britain announced new energy and technology agreements during President Donald Trumps visit to the United Kingdom with the goal of strengthening their bilateral collaboration. Joint investments in AI, cybersecurity, and clean energy infrastructure—with an emphasis on nuclear and hydrogen technologies—are among the agreements. The agreements also promote resilience in the semiconductor supply chain and crossborder data transfers. While Trump commended the UKs leadership in the energy transformation, UK Prime Minister Rishi Sunak underlined the strategic significance of collaborating with U.S. innovation. Growing transatlantic efforts to secure vital infrastructure and challenge Chinas technological domination are reflected in the announcements. In order to strengthen their longterm economic and security alliance, both countries promised to keep working together on digital standards, climate targets, and defenserelated technologies. Read More..

B2B Tech News | 9 days ago         

EU and U.S. Maintain $81B in Trade with Russia Despite Sweeping Sanctions

The United States and Europe continue to trade billions of dollars with Russia in spite of broad sanctions, especially in industries that are not subj

The United States and Europe continue to trade billions of dollars with Russia in spite of broad sanctions, especially in industries that are not subject to embargoes. In 2024, the United States imported $9 billion worth of industrial goods, metals, and chemicals from Russia, compared to $72 billion for the EU. Trade has continued because of exemptions and loopholes, particularly for essential raw materials. While American corporations rely on Russian titanium for aircraft, European companies point to supply chain dependencies. This, according to critics, jeopardises attempts to isolate Moscow over its conflict in Ukraine. In the meantime, Russia has lessened the impact of Western prohibitions by shifting exports to Asia and Latin America. A complicated web of economic interconnection is revealed by the statistics, casting doubt on the efficacy of the sanctions regimes in place. Read More..

B2B Tech News | 9 days ago         

Sweden Deepens Trade Ties with India, Spotlighting Green Tech and AI

The "Time for Sweden" event in New Delhi highlighted Swedens increased trade and innovation collaboration with India. In India, more than 280 Swedish

The "Time for Sweden" event in New Delhi highlighted Swedens increased trade and innovation collaboration with India. In India, more than 280 Swedish businesses employ 220,000 people directly and 2.2 million indirectly. They are also making increasing investments in manufacturing, digitalisation, and green technology. In Sweden, where FDI from India has increased 191% in just five years, Indian companies such as TCS and Bharat Forge are also growing. Green hydrogen, artificial intelligence, space technology, life sciences, and 5G/6G are important areas of collaboration. With tech companies like Spotify and Storytel joining traditional companies like SKF and Volvo, Western India continues to be a centre for Swedish business. Shared objectives in sustainability, innovation, and longterm economic benefit are reflected in the relationship. Read More..

B2B Tech News | 10 days ago         

Germany Unveils NvidiaPowered Supercomputer to Lead Europe’s AI Race

In an effort to strengthen the nations capacity for AI research, German Chancellor Friedrich Merz on September 5 officially unveiled a new supercomput

In an effort to strengthen the nations capacity for AI research, German Chancellor Friedrich Merz on September 5 officially unveiled a new supercomputer that runs on Nvidia. One of the most sophisticated systems in Europe, it is situated in Bavaria and is intended to facilitate extensive industrial and scientific innovation. The project supports Germanys ambition to lead the world in artificial intelligence and digital infrastructure. At the launch, Merz was joined by Nvidia CEO Jensen Huang, who emphasised the systems contribution to driving advancements in autonomous technology, healthcare, and climate modelling. The initiative is a component of Germanys larger plan to draw in tech capital and lessen dependency on outside cloud service providers. Officials underlined how crucial sovereign computer capacity is to preserving competitiveness and protecting data privacy in vital industries. Read More..

B2B Tech News | 10 days ago         

EU Fines Google €2.95B for Adtech Abuse, Sparks U.S. Trade Tensions

Google was penalised €2.95 billion $3.45 billion by the European Union for abusing its adtech dominance by giving preference to its own display adve

Google was penalised €2.95 billion $3.45 billion by the European Union for abusing its adtech dominance by giving preference to its own display advertising services over rivals. Following recent fines in the U.S. and France, this is Googles fourth significant EU punishment. The European Commission concluded that, starting in 2014, Googles actions hurt publishers, advertisers, and customers. President Trump denounced the ruling and threatened to use a Section 301 investigation to retaliate in trade. Google intends to appeal the decision, claiming it could harm companies in Europe. The business has sixty days to suggest fixes. In order to reestablish fair competition, regulators had previously asked Google to sell off a portion of its advertising business. The case highlights the growing hostilities surrounding Big Tech regulation. Read More..

B2B Tech News | 10 days ago         

Poland’s Central Bank Poised to Cut Rates to 5.50% Amid Sluggish Growth

Amid weak consumer demand and decreasing inflation, Polands central bank is anticipated to lower its benchmark interest rate by 25 basis points to 5.5

Amid weak consumer demand and decreasing inflation, Polands central bank is anticipated to lower its benchmark interest rate by 25 basis points to 5.50% on Wednesday, its first action since March. The expected easing is attributed by analysts to a slowdown in economic activity and a decline in core inflation. After an unexpected rate drop in September 2023, the rate has been steady for months. Even if headline inflation decreased to 4.8% in July, slow growth and falling retail sales continue to be causes for concern. In light of the impending parliamentary elections, the National Bank of Poland seeks to strike a balance between economic stimulus and inflation control. As global central banks move towards cautious rate adjustments in the face of uneven recovery trends, markets are intently monitoring any indications regarding future monetary policy. Read More..

B2B Tech News | 10 days ago         

Switzerland Enters Global AI Race With OpenSource Multilingual Model Trained on Alps Supercomputer

A fully opensource, multilingual large language model LLM created by researchers at EPFL, ETH Zurich, and the Swiss National Supercomputing Centre CSC

A fully opensource, multilingual large language model LLM created by researchers at EPFL, ETH Zurich, and the Swiss National Supercomputing Centre CSCS is launching Switzerland into the global AI race. With the Alps supercomputer running carbonneutral electricity, the model was trained on more than 1,500 languages and is expected to be released in late summer 2025 in 8B and 70B parameter sizes. Opensource code, weights, and training methods are all freely available under the Apache 2.0 license, which places a strong emphasis on openness, usability, and legal compliance. With a focus on scientific, educational, and clinical applications over commercial competitiveness, the program underlines Switzerlands dedication to ProSocial AI. This is a big step in the direction of ethical, sovereign AI development in Europe. Read More..

B2B Tech News | 3 months ago         

Trump Slaps 10% Tariff on BRICS, Cites Threat to Dollar Dominance

Donald Trump, the president of the United States, has declared an additional 10% tariff on all BRICS countries, including India, claiming that the gro

Donald Trump, the president of the United States, has declared an additional 10% tariff on all BRICS countries, including India, claiming that the group is undermining the dominance of the U.S. dollar. Trump said during a Cabinet meeting that BRICS was created to "hurt the U.S." and threatened to "soon pay" the fee. The decision comes after BRICS leaders demanded a rulesbased multilateral trading framework and criticised unilateral tariffs during their Rio Summit. Trump stressed that there would be no exceptions and that, absent new trade agreements, the tariffs would go into place on August 1, 2025. As BRICS increases its power and promotes dedollarization and solidarity among the Global South, the declaration exacerbates trade tensions worldwide. Read More..

B2B Tech News | 3 months ago         



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