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NvidiaBacked Synthesia Introduces Avatars to Convey Human Emotions Digitally

Redefining professional video creation, Synthesia, with support from Nvidia, has produced "Expressive Avatars" that can communicate human emotions thr

Redefining professional video creation, Synthesia, with support from Nvidia, has produced "Expressive Avatars" that can communicate human emotions through text inputs. The technology makes the procedure more efficient and lowers expenses by eliminating the need for cameras, microphones, and performers. Synthesia is a Londonbased company that trains its system by using actors reciting texts in front of a green screen. Over 55,000 enterprises, including Fortune 100 corporations, rely on the companys technology to generate digital avatars for various uses, including training films and corporate presentations. Synthesia works with industry coalitions to verify AIgenerated information, conducts stringent vetting and onboarding procedures, and prepares for worldwide elections despite worries about abuse. Read More..

B2B Tech News | 15 hours ago         

Deutsche Bank Surpasses Expectations, Reports 10% Rise in Q1 Profit

Deutsche Bank surpassed analyst estimates with a 10% gain in firstquarter earnings and a reported net profit of 1.275 billion euros. Its firstquarter

Deutsche Bank surpassed analyst estimates with a 10% gain in firstquarter earnings and a reported net profit of 1.275 billion euros. Its firstquarter earnings have been the biggest since 2013, and it has now made 15 straight quarters of profit. Additionally, group revenue increased by 1% annually to 7.8 billion euros, driven by fixed income, commissions, fee income, and currency increases. Reversing a 9% fall in 2023, the investment bank division had a notable comeback with a 13% gain in revenue to 3 billion euros. Highlights include a credit loss provision of 439 million euros and net inflows of 19 billion euros in the Private Bank and Asset Management businesses. Read More..

B2B Tech News | 1 days ago         

Googles €600 Million Investment in Groningen Data Center Set to Boost Job Opportunities

Google, which Alphabet owns, said on Tuesday that it will be investing 600 million euros, or $640.62 million, in a new data centre in Groningen, Nethe

Google, which Alphabet owns, said on Tuesday that it will be investing 600 million euros, or $640.62 million, in a new data centre in Groningen, Netherlands. It is anticipated that this investment will lead to the creation of 125 new jobs. Google has invested more than €3.8 billion in data centres and related digital infrastructure in the Netherlands in the past eight years. The firm underscored its dedication to putting sustainability first and encouraging a positive influence on the neighbourhood during the new data centres development and operation. Read More..

B2B Tech News | 2 days ago         

France and Germany Lag, UK Holds Steady European Economic Snapshot

Europe is facing economic difficulties the UK is stable, but Germany and France are trailing. Italy and Spain are getting better. Businesses are under

Europe is facing economic difficulties the UK is stable, but Germany and France are trailing. Italy and Spain are getting better. Businesses are under pressure from rising borrowing rates and inflation, which causes project cancellations and delays. Higher costs and mortgage rates impact consumers, lowering their discretionary income. The Weil European Distress Index brings financial concern to light, particularly for smaller, highly indebted companies in the retail, industrial, and real estate sectors. Healthcare is doing better, but overleveraged firms continue to raise worries. Germany is experiencing slow development, and France is experiencing more than everyday hardship. Despite increasing borrowing costs, the UK manages. Spain and Italy appear to be recovering. Despite ongoing difficulties, several nations show hope for an economic rebound. Read More..

B2B Tech News | 4 days ago         

French Startup Mistral AI Eyes $5 Billion Valuation in Funding Round

The Information said on Tuesday that Mistral AI, a French tech firm, is supposedly in talks with investors to fund several hundred million dollars at

The Information said on Tuesday that Mistral AI, a French tech firm, is supposedly in talks with investors to fund several hundred million dollars at a valuation of $5 billion. Although the precise investors in the investment round are unknown, Mistral already has backing from Microsoft Corp., Andreessen Horowitz, and Lightspeed Ventures. In February, Microsoft contributed $16 million to Mistral, working together to enable its AI models to be accessed via the Azure cloud computing platform. However, the European Union has taken notice of this alliance, with MPs requesting a probe into any worries about the tech giants concentration of power. Although relatively new to revenue production, Mistral had already raised $415 million in December, reaching 2 billion euros. Read More..

B2B Tech News | 4 days ago         

Ryanair Under Investigation by Italian Regulator for Alleged Market Dominance Abuse

According to the publication Il Messaggero, Ryanair is the subject of an investigation by the Italian competition regulator into claims that it has ab

According to the publication Il Messaggero, Ryanair is the subject of an investigation by the Italian competition regulator into claims that it has abused its dominating position in the airline industry in Italy. The investigation examines whether Ryanairs practices hurt passengers, airlines, and other travel firms. There have been allegations that Ryanair prevented tour operators from accessing its deals and discounts on its website, which might have increased customer costs. Ryanair has justified its actions by pointing to an earlier Milan Court of Appeal decision that found its business strategy reasonable and advantageous for customers. Within eight days, the airline will have a chance to comment on the antitrust ruling. Ryanair and Italian authorities have already fought, with the government imposing price caps on flights to Sicily and Sardinia, a move Ryanair contested as illegal. Read More..

B2B Tech News | 10 days ago         

UK GDP Grows by 0.1% in February, Offering Hope of Recession Recovery

The UKs GDP expanded by 0.1% in February, making it two months of growth and boosting prospects for an economic recovery. The Office for National Stat

The UKs GDP expanded by 0.1% in February, making it two months of growth and boosting prospects for an economic recovery. The Office for National Statistics also revised the January growth rate to 0.3%. Even with the slow growth, the data points to the potential for an economic recovery, especially given the slowing inflation rate and the impending decline in home energy costs. Growth was driven mainly by production, with a slight increase in services output. On the other hand, bad weather caused a decrease in the production of construction. According to Chancellor Jeremy Hunt, the data is encouraging and lessens the pressure on the Bank of England to decrease interest rates, which are currently anticipated to happen in June. This bullish prediction indicates the possibility of a gentle landing in the war against inflation without a protracted recession. Read More..

B2B Tech News | 10 days ago         

Microsofts New AI Hub in London Led by Google DeepMind Cofounder Signals Strategic Investment

Microsoft has signalled its strategic commitment to AI product development and research by introducing a new artificial intelligence facility in Londo

Microsoft has signalled its strategic commitment to AI product development and research by introducing a new artificial intelligence facility in London, headed by Mustafa Suleyman, cofounder of Google DeepMind. As the principal sponsor of OpenAI, Microsoft hopes to keep up its position as the industry leader in AI even as competition for talent in Europe heats up. This action is in line with Britains ambitions to bolster its standing as a technological powerhouse after holding the worlds firstever summit on AI safety. Microsofts pledge to spend £2.5 billion $3.16 billion in data centre infrastructure and AI skills development in Britain highlights its commitment to promoting innovation and economic growth in the area, even though the precise number of jobs generated is yet unknown. Suleyman highlighted the UKs commitment to advancing AI responsibly, emphasizing collaboration between government, businesses, and academia to drive investment and innovation. Read More..

B2B Tech News | 10 days ago         



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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