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GLOBAL NEWS

Onsemi Unveils Silicon Carbide Chips to Enhance Energy Efficiency in AI Data Centers

Using technology first created for electric vehicles, Onsemi has unveiled a new line of chips intended to improve energy efficiency in data centres po

Using technology first created for electric vehicles, Onsemi has unveiled a new line of chips intended to improve energy efficiency in data centres powering AI applications. The material used to make these chips is silicon carbide, which has a higher production cost than regular silicon but a very high power conversion efficiency. This technology has been widely incorporated to increase the range of electric cars. The president of Onsemis power solutions business, Simon Keeton, emphasised that during several conversion phases, data centres often waste 12% of their electricity as heat. Onsemis chips aim to cut these losses by 1%. With the enormous power requirements predicted for AI data centres, this decrease might result in yearly electricity savings equivalent to powering a million homes. Read More..

B2B Tech News | 1 months ago      

SAP Unveils Generative AI Solutions and Strategic Alliances at SAP Sapphire Conference

SAP unveiled innovative generative AI solutions and strategic alliances at the SAP Sapphire conference to improve company operations in the AI era. CE

SAP unveiled innovative generative AI solutions and strategic alliances at the SAP Sapphire conference to improve company operations in the AI era. CEO Christian Klein underlined how these developments will revolutionise international commerce. With its integration throughout its corporate cloud offering, SAPs Business AI offers users improved insights and problemsolving skills. Two notable developments are predictive forecasting in SAP Sales Cloud and AIgenerated reporting in SAP SuccessFactors. Automation and decisionmaking are improved by SAPs generative AI copilot, Joule, which is now linked with Microsoft Copilot. Additionally, SAP announced collaborations to improve generative AI applications with AWS, Google Cloud, NVIDIA, Meta, and Mistral AI. These partnerships seek to strengthen SAPs AI capabilities, produce tailored insights, and improve supplychain management. SAPs initiatives also focus on sustainability, offering tools to track and manage carbon footprints effectively. Read More..

B2B Tech News | 1 months ago      

Dell Technologies Upgrades PowerEdge Servers for Enhanced Performance and Efficiency

Dell Technologies is improving its PowerEdge server lineup to increase economy and performance. The new servers support many clients, including edge o

Dell Technologies is improving its PowerEdge server lineup to increase economy and performance. The new servers support many clients, including edge operations, small enterprises, and cloud service providers CSPs. With their enhanced configurations, these servers can handle heavy workloads with efficient power and emission management. With the newest Intel Xeon processors, the PowerEdge R670 and R770 CSP Editions provide notable energy savings and performance increases because of Smart Cooling technology and their small form factor. Furthermore, introducing the Data Centre – Modular Hardware System DCMHS architecture simplifies integration and improves interoperability. Compact versions, such as the PowerEdge T160 and R260, prioritise efficiency and sustainability by providing robust processing in a smaller physical package. Read More..

B2B Tech News | 1 months ago      

GIGABYTE Launches "Train Your Own AI on Your Desk" at COMPUTEX 2024

With the GIGABYTE AI TOP solution, GIGABYTE unveiled its "Train Your AI on Your Desk" programme at COMPUTEX 2024. This allinclusive package will make

With the GIGABYTE AI TOP solution, GIGABYTE unveiled its "Train Your AI on Your Desk" programme at COMPUTEX 2024. This allinclusive package will make local AI model training more accessible and powerful. The AI TOP Utility programme ensures data confidentiality and privacy and allows the local training of massive language models with up to 236 billion parameters. The hardware ecosystem consists of GIGABYTE power supplies, GPUs, motherboards, and SSDs optimised for AI training without needing specialised infrastructure. Furthermore, AI TOP Tutor offers users technical support, setup advice, and consulting. With AMD, GIGABYTE unveiled the Radeon PRO W7900 AI TOP 48G and W7800 32G graphics cards. NVIDIA and GIGABYTE are still working together to provide highperformance AI solutions. Read More..

B2B Tech News | 1 months ago      

KoreaAfrica Summit Paves the Way for Enhanced Cooperation

Representatives from 48 African countries gather for the first KoreaAfrica summit to strengthen trade, investment, and technological collaboration. To

Representatives from 48 African countries gather for the first KoreaAfrica summit to strengthen trade, investment, and technological collaboration. To improve supply chain resilience, South Korea strongly emphasises collaborations involving minerals and resources, especially in vital industries like battery manufacturing. To support South Korean commerce and investment in Africa, commitments have been made to increase official development assistance to $10 billion by 2030 and to provide $14 billion in export finance. Even though South Koreas imports and exports from Africa account for less than 2 per cent of its total, its outreach indicates a strategic involvement that corresponds with North Koreas diplomatic manoeuvres. Read More..

B2B Tech News | 1 months ago      

Currency Declines Continue South Africas Rand and Mexicos Peso React to Election Surprises

The recent turmoil in the financial markets of Mexico, India, and South Africa highlights how political developments in significant developing economi

The recent turmoil in the financial markets of Mexico, India, and South Africa highlights how political developments in significant developing economies continue to have an impact. In the aftermath of unexpected election results, the peso and rand in Mexico continued their downward trend. At the same time, signals that Prime Minister Modi might not win a majority sent shockwaves through Indias equities markets. The way the markets respond to political risk events serves as a reminder of their importance and emphasises the necessity of carefully weighing all possible outcomes. About the future, the U.S. presidential election appears to be an essential event to keep an eye on because of its possible effects on world markets and economies, especially in light of populist emotions and debt concerns. Read More..

B2B Tech News | 1 months ago      

Australias Economy Stagnates Q1 GDP Growth at 0.1%, Lowest in Three Decades

With real GDP growing by just 0.1% in the March quarter—below market expectations—Australias economy stalled. The lowest annual growth rate in thr

With real GDP growing by just 0.1% in the March quarter—below market expectations—Australias economy stalled. The lowest annual growth rate in three decades occurred at 1.1% before the pandemic. The amount spent by households increased slightly by 1.3%, mainly on necessities, while discretionary expenditure stayed the same. The savings rate fell to an alltime low of 0.9%, indicating severe household financial hardship. Financial markets have discounted more interest rate increases by the Reserve Bank of Australia, notwithstanding the lacklustre economic performance. Concerns about inflation persist as consumer prices increased by 3.6% in April. However, the per capita GDP fell, indicating that migrationdriven fast population expansion has pressured the housing market and raised rents to alltime highs. Read More..

B2B Tech News | 1 months ago      

Tesla to Spend $34 Billion on Nvidia Hardware Elon Musk Reveals AI Investment Plans

Elon Musk stated on X that Tesla anticipates spending $3 billion to $4 billion this year on Nvidia hardware acquisitions. He also revealed that almost

Elon Musk stated on X that Tesla anticipates spending $3 billion to $4 billion this year on Nvidia hardware acquisitions. He also revealed that almost half of the $10 billion set up for capital expenditures relating to artificial intelligence will be spent internally. Musk underlined that Nvidias hardware, which accounts for over twothirds of the cost, is essential to constructing AI training superclusters. The statement and rumours that Tesla asked Nvidia to prioritise shipments of AI chips for its X and xAI divisions coincide, demonstrating the strategic significance of AI technology for the manufacturer of electric vehicles. These events coincide with the companys reaffirmed capital expenditure estimate of more than $10 billion for the year and come ahead of a crucial shareholder vote on Musks compensation plan at Tesla. Read More..

B2B Tech News | 1 months ago