Header-template

GLOBAL NEWS

Alibaba Unveils QVQ72B Advanced Visual AI Model Outperforms Rivals

The QVQ72B is an opensource AI model with sophisticated visual reasoning capabilities unveiled by Alibabas Qwen research team. The model can effective

The QVQ72B is an opensource AI model with sophisticated visual reasoning capabilities unveiled by Alibabas Qwen research team. The model can effectively comprehend visual input and respond to difficult questions by combining reasoningfocused functions with picture analysis. It exceeded OpenAIs o1 model on the MathVista mini exam with 71.4% accuracy, achieving noteworthy benchmark scores. Moreover, QVQ72B demonstrated notable performance gains with a score of 70.3% on the Multimodal Massive Multitask Understanding MMMU benchmark. Notwithstanding its advantages, there are drawbacks, like recursive reasoning cycles and languageswitching problems. This release continues Alibabas practice of introducing cuttingedge AI models in opensource platforms, such as QwQ32B and Marcoo1. Read More..

B2B Tech News | 1 months ago      

OpenAI Faces Delays in GPT5 Development Due to Data Shortages and High Costs

The lack of training data and the expensive development expenditures have caused significant delays in OpenAIs GPT5, codenamed Orion, development. The

The lack of training data and the expensive development expenditures have caused significant delays in OpenAIs GPT5, codenamed Orion, development. The model has taken far longer to construct than expected—more than 18 months. Its two monthslong, intensive training sessions cost over $500 million each but did not produce the expected breakthroughs. Given its operating costs, GPT5 is not lucrative enough because it is slightly better than current models. Microsoft, OpenAIs most prominent supporter, allegedly anticipated a mid2024 delivery, but the exact date is now unknown. Although more training sessions are required, the models economic viability may be questioned due to potential delays caused by restricted data resources. Read More..

B2B Tech News | 1 months ago      

Microsoft Unveils AIOpsLab OpenSource AI Framework for Cloud Operations

Microsoft unveiled AIOpsLab, an opensource AI framework for creating and improving cloudbased agents designed to tackle operational issues like failur

Microsoft unveiled AIOpsLab, an opensource AI framework for creating and improving cloudbased agents designed to tackle operational issues like failure detection and mitigation. With the help of Azure AI Agent Service, AIOpsLab offers a standardised platform that provides scalability and integration by separating agents from application services through an intermediary interface. For accurate telemetry data monitoring, it has an observability layer, workload, and fault generator that mimics realworld situations. The framework encourages methodical problemsolving, tailored explicitly for incident detection, root cause analysis, and mitigation. AIOpsLab, accepted at ACM SoCC24, is now accessible on GitHub under an MIT license, enabling developers to improve cloud operations with creative and expandable AI solutions. Read More..

B2B Tech News | 1 months ago      

Nvidia’s Jim Fan Foresees AI Robots Mastering Skills in Virtual Digital Twins

In the future, AI robots will be trained in lifelike digital simulations, gaining proficiency in virtual situations before smoothly integrating into t

In the future, AI robots will be trained in lifelike digital simulations, gaining proficiency in virtual situations before smoothly integrating into the real world, according to Jim Fan of Nvidia. To educate embodied AI agents—robots attached to real or virtual bodies—he cited Tokyos development of a 3D digital twin as a forerunner to a trend in which cities, residences, and factories are digitally recreated. Robots will collaborate to learn from various situations and coordinate intricate activities according to a fans prediction. A good example of this change is Nvidias Omniverse platform, which was utilised to create its headquarters. This method might generate trillions of highquality training tokens, allowing AI systems to instantly adapt to realworld problems and transforming the scalability and efficiency of robots in everyday life and industry. Read More..

B2B Tech News | 1 months ago      

Russia Embraces Bitcoin for International Payments Amid Western Sanctions

"Recent legislative changes aimed at countering Western sanctions have led to an increase in the use of bitcoin and other digital currencies for inter

"Recent legislative changes aimed at countering Western sanctions have led to an increase in the use of bitcoin and other digital currencies for international payments by Russian companies," said Finance Minister Anton Siluanov. Sanctions have hampered Russias trade with essential allies like China and Turkey, as local banks are cautious about dealing with Russia to evade regulatory attention from the West. During this year, Russia established itself as a global leader in bitcoin mining by legalising cryptocurrencies in international trade and taking steps to control cryptocurrency mining. "Transactions using mined bitcoins are already happening and are anticipated to grow even more in the upcoming year," Siluanov said. Vladimir Putin has also supported cryptocurrencies, pointing to the US dollars deteriorating reserve currency role due to political abuse. Read More..

B2B Tech News | 1 months ago      

Indian Exporters Set to Capitalize on U.S. Market Amid Rising Tariffs on Chinese Goods

Anticipating higher duties on Chinese goods, Indian exporters are proactively preparing to strengthen their position in the U.S. market. With assistan

Anticipating higher duties on Chinese goods, Indian exporters are proactively preparing to strengthen their position in the U.S. market. With assistance from American trade associations, discussions with the Indian government centre on utilising prospects in industries like textiles, leather, chemicals, electronics, auto parts, and toys to increase consumer awareness of Indian goods. The Federation of Indian Export Organisations FIEO vicepresident, Israr Ahmed, underlined Indias ability to compete in these fields and the $1 billion potential toy market. To increase competitiveness, exporters are asking for increased financial assistance, primarily through the Market Access Initiatives program, easier access to export financing, and more extended interest equalisation plans. India is wellpositioned as tensions between the United States and China increase because of the countrys solid U.S. connections and political stability. Read More..

B2B Tech News | 1 months ago      

India Secures $350 Million Loan from ADB to Strengthen Logistics Ecosystem

Under the second subprogram of the Strengthening Multimodal and Integrated Logistics Ecosystem SMILE initiative, the Indian government and the Asian D

Under the second subprogram of the Strengthening Multimodal and Integrated Logistics Ecosystem SMILE initiative, the Indian government and the Asian Development Bank ADB have agreed to a policybased loan of USD 350 million. This loan aims to strengthen supply chain resilience and Indias industrial sector. The ADB, the Department for Promotion of Industry and Internal Trade, and the Department of Economic Affairs reached the agreement. With an emphasis on comprehensive logistical reforms, the SMILE program creates a framework of policies to improve infrastructure development and efficiency at the federal, state, and local levels. Ultimately, it seeks to drive sustainable economic growth and job creation in India by standardising warehouse and logistics assets, encouraging private investment, and integrating intelligent systems. Read More..

B2B Tech News | 1 months ago      

Sheikh Hasina’s Son Calls Corruption Allegations Against Rooppur Nuclear Project “Bogus”

The son and advisor of Sheikh Hasina has called accusations of wrongdoing about the $12.65 billion deal for the Rooppur Nuclear Power Plant in 2015 "w

The son and advisor of Sheikh Hasina has called accusations of wrongdoing about the $12.65 billion deal for the Rooppur Nuclear Power Plant in 2015 "wholly false" and a "smear campaign." The Bangladesh AntiCorruption Commission opened a $5 billion investigation into allegations of financial irregularities involving Hasina, her son Sajeeb Wazed, and her niece Tulip Siddiq. The projects sponsor, Russian stateowned Rosatom, also denied the accusations, reaffirming its dedication to openness and honesty in its business practices. Wazed underlined that it would be challenging to embezzle billions of dollars from the project and that the family has never been connected to any irregularities in government project funding. Hasina, meanwhile, is still in New Delhi after escaping Bangladesh due to political turmoil. Read More..

B2B Tech News | 1 months ago