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GLOBAL NEWS

ABB Sells Robotics Unit to SoftBank for $5.38B in Major Automation Shakeup

According to Reuters, ABB is selling its robots division to SoftBank for $5.38 billion, which would significantly change the industrial automation mar

According to Reuters, ABB is selling its robots division to SoftBank for $5.38 billion, which would significantly change the industrial automation market. ABBs cuttingedge robotics technology for manufacturing, logistics, and healthcare are part of the deal. SoftBank wants to increase its presence in smart factories and service robotics by incorporating these capabilities into its AI and automation portfolio. ABB will continue to work together on innovation and own a minority stake. The transaction underscores the expanding need for intelligent automation and the growing interest of investors in robotics. While ABB concentrates on its core electrification and process automation segments, analysts see the acquisition as a calculated move by SoftBank to solidify its position in nextgeneration robots. It should be finished by the middle of 2026. Read More..

B2B Tech News | 4 months ago      

Alliance Laundry Systems Raises $826M in NYSE Debut Under Ticker “ALSI”

Reuters reports that Alliance Laundry Systems has collected $826 million through its U.S. initial public offering IPO, which is a significant mileston

Reuters reports that Alliance Laundry Systems has collected $826 million through its U.S. initial public offering IPO, which is a significant milestone for the maker of commercial laundry equipment. The company started trading on the New York Stock Exchange with the ticker "ALSI" after pricing its shares at $18 per, which was within the anticipated range. Debt reduction and growth objectives will be supported by the offerings proceeds. Launderettes, hotels, and medical facilities around the world are served by Alliance Laundry, which is supported by the private equity firm BDT Capital Partners. In light of the growing need for sanitation and hygiene solutions, the IPO shows investor confidence in industrial services. The listing is seen by analysts as a calculated step to broaden the companys market reach and improve its financial standing after the pandemic. Read More..

B2B Tech News | 4 months ago      

Mark Carney Visits White House Amid Canada–U.S. Trade and Climate Tensions

Al Jazeera reports that in the midst of growing trade tensions between the United States and Canada, Canadian President Mark Carney made his second tr

Al Jazeera reports that in the midst of growing trade tensions between the United States and Canada, Canadian President Mark Carney made his second trip to the White House. The current UN envoy on climate finance, a former governor of the Bank of England, met with top U.S. officials to talk about crossborder investment, trade policy linked to climate change, and economic cooperation. Both countries are navigating disagreements over digital services, tariffs, and carbon border adjustments at the time of the visit. Carneys involvement demonstrates Canadas determination to maintain economic competitiveness while coordinating trade strategy with climate goals. The meeting is seen by analysts as a diplomatic attempt to reduce tension and strengthen bilateral relations. It also emphasises how Carney is increasingly influencing Canadas economic standing internationally in advance of significant trade and climate agreements. Read More..

B2B Tech News | 4 months ago      

UK PM Keir Starmer Leads LargestEver Trade Delegation to India

With the arrival of UK Prime Minister Keir Starmer in Mumbai for the biggestever British trade trip to India, IndiaUK ties have entered a new era. Wit

With the arrival of UK Prime Minister Keir Starmer in Mumbai for the biggestever British trade trip to India, IndiaUK ties have entered a new era. With more than 100 UK business executives investigating collaborations in technology, banking, infrastructure, and education, the tour seeks to strengthen economic connections. Starmer highlighted Indias position as a vital international partner and underlined the importance of strategic cooperation and mutual progress. Expanding bilateral investments and promoting the planned Free Trade Agreement are among the topics of discussion. Indias increasing prominence in international trade and the UKs shift towards IndoPacific involvement are reflected in the mission. New agreements and projects that strengthen common values, economic resiliency, and sustained crosssector collaboration are anticipated from both parties. Read More..

B2B Tech News | 4 months ago      

India and Brazil Advance Trade Ties with Focus on Visa Facilitation and Market Access

During the Trade Monitoring Mechanism meeting in New Delhi, India and Brazil talked about important trade concerns, such as market access and visa fac

During the Trade Monitoring Mechanism meeting in New Delhi, India and Brazil talked about important trade concerns, such as market access and visa facilitation. Strengthening bilateral economic ties and removing obstacles to the exchange of goods and services were the goals of the discussion. In order to increase trade volumes, Indian Commerce Minister Piyush Goyal underlined the necessity of more efficient business travel and regulatory harmonisation. With an emphasis on lowering tariffs and boosting investment flows, both nations looked at collaborating in the fields of renewable energy, agriculture, and pharmaceuticals. The gathering is a reflection of Indias larger plan to broaden its commercial alliances and increase its involvement with Latin America. To open up chances for mutual progress, officials decided to keep up technical talks and promote a more stable, open trading environment. Read More..

B2B Tech News | 4 months ago      

Opal AI Builder Goes Global Google Boosts Speed, Language Support, and Accessibility

In order to improve accessibility and speed, Google has extended the use of its Opal AI app builder to 15 more countries, including India. Opal uses p

In order to improve accessibility and speed, Google has extended the use of its Opal AI app builder to 15 more countries, including India. Opal uses premade templates and natural language prompts to let people construct AIpowered apps without knowing any code. The most recent version includes support for more languages and regional data sets, improves model responsiveness, and lowers latency. Google wants to democratise AI development so that businesses, universities, and entrepreneurs can more easily create unique solutions. The growth is in line with Googles overarching plan to foster digital innovation and reflects the rising demand for lowcode AI tools worldwide. Opal is anticipated to hasten the use of AI in India in fields including small company growth, healthcare, and education. Read More..

B2B Tech News | 4 months ago      

OpenAI Unveils MiniApps and Fictional Characters to Expand ChatGPT’s Utility

OpenAI showcased new ChatGPT features at its DevDay event, such as miniapps, interactions with fictional characters, and enhanced Sora capabilities. T

OpenAI showcased new ChatGPT features at its DevDay event, such as miniapps, interactions with fictional characters, and enhanced Sora capabilities. The miniapps increase ChatGPTs usefulness as a hub for productivity by enabling users to carry out operations like making vacation reservations or editing photos right within the program. Additionally, users can interact with fictional characters created by AI for amusement or education. Updates were made to OpenAIs video creation tool, Sora, to increase safety and realism. OpenAIs efforts to enhance ChatGPTs interactivity, adaptability, and suitability for both personal and professional use cases are reflected in these announcements. By fusing conversational AI with practical features, the updates hope to establish ChatGPT as a hub for innovation, work automation, and engaging virtual worlds. Read More..

B2B Tech News | 4 months ago      

OpenAI Adds Cameo Controls and Watermarking to Sora to Combat Deepfake Risks

To prevent deepfake abuse, OpenAIs video creation tool Sora is implementing additional security features like watermarking and Cameo Controls. Users m

To prevent deepfake abuse, OpenAIs video creation tool Sora is implementing additional security features like watermarking and Cameo Controls. Users may control likeness permissions with Cameo Controls, guaranteeing that people have the option to appear in AIgenerated material or not. The watermarking technology helps identify modified information by embedding invisible identifiers to track and confirm authenticity. In light of growing worries about the misuse of synthetic videos, these upgrades demonstrate OpenAIs dedication to the safe use of AI. The business is working with authorities and researchers to improve protections and advance openness. In order to strengthen trust and responsibility in AIpowered media production, these initiatives seek to strike a balance between creative freedom and ethical oversight as generative video tools gain popularity. Read More..

B2B Tech News | 4 months ago