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Nvidia Unveils Blackwell GPU Architecture 20 PetaFLOPS of AI Power

At the GPU Technology Conference, Nvidia introduced the Blackwell GPU architecture, which promises 20 PetaFLOPS of AI performance and notable efficien

At the GPU Technology Conference, Nvidia introduced the Blackwell GPU architecture, which promises 20 PetaFLOPS of AI performance and notable efficiency improvements over the previous model. Some see it as a repackaging exercise, but others highlight the computational power and energy efficiency it offers in the real world. Compute performance is doubled by the secondgeneration transformer engine, which lowers AI computations to four bits. Additionally, Blackwell chips may be easily integrated with older devices because they are plugcompatible. Nvidia also announced Nvidia Inference Microservices NIM, allowing companies to use AI models more effectively. Despite possible competition, Nvidia continues to dominate AI processing because of better hardware and software options like CUDA. While competitors like AMD and Intel may carve out niche markets, Nvidias position as a leader in AI processing seems entrenched for the foreseeable future. However, the emergence of proprietary chips from Read More..

B2B Tech News | 2 months ago      

Figure 01 AI Robot and ChatGPT Collaboration Redefines HumanRobot Interaction

Using a Visual Language Model, the Figure 01 AI Robot and ChatGPT have collaborated to demonstrate groundbreaking developments in humanrobot interacti

Using a Visual Language Model, the Figure 01 AI Robot and ChatGPT have collaborated to demonstrate groundbreaking developments in humanrobot interaction. In contrast to teleoperated robots, Figure 01 functions independently, effortlessly fusing mental and physical duties. This invention, created by Figure and OpenAI, raises the bar for humanoid robots by strongly emphasising autonomy and linguistic intelligence. Meanwhile, individuals are invited to participate in stateoftheart research projects at IIT Guwahati in India, which provides projectbased possibilities across several disciplines. Furthermore, Python is a valuable tool for building AI systems, especially chatbots, which enable genuine conversation between people and machines. Read More..

B2B Tech News | 2 months ago      

Akamai Report Highlights Growing Threat of Cyberattacks on APIs in APJ Region

The most recent State of the Internet SOTI report from Akamai Technologies highlights the growing danger of cyberattacks that target Application Progr

The most recent State of the Internet SOTI report from Akamai Technologies highlights the growing danger of cyberattacks that target Application Programming Interfaces APIs, significantly affecting companies in the AsiaPacific and Japan APJ region. According to the survey, 31.2 per cent of all web assaults in the AsiaPacific region in 2023 were directed at APIs, with the manufacturing sector being the most susceptible. In total, 15 per cent of web attacks in the region targeted APIs. Since APIs are essential for digital innovation, particularly in the industrial sector, hackers use these weaknesses to launch attacks. The research highlights how important it is for organisations to prioritise API security to reduce risks and stop breaches. The industries and areas most impacted by API assaults, typical attack techniques, and the need to keep an eye on API activity to spot irregularities and stop runtime attacks are some of the key conclusions. Akamai urges businesses in APJ to stay upda Read More..

B2B Tech News | 2 months ago      

Cropin Technology and AWS India Partner to Tackle Global Food Insecurity

Cropin Technology and AWS India Private Limited have developed a system combining climate information and farmland data to fight global hunger and foo

Cropin Technology and AWS India Private Limited have developed a system combining climate information and farmland data to fight global hunger and food insecurity. The programme seeks to supply governments, development organisations, and agribusinesses with decision intelligence by utilising AWSs advanced computing capabilities and Cropins experience. The system combines field data and satellite pictures to improve agricultural analytics and create scalable models for insights into crop productivity. AWS will assist Cropins platform and look into collaborating with research organisations by providing technological knowhow and industry insights. Krishna Kumar, the CEO of Cropin, underscores the value of datadriven insights for policymakers. At the same time, Shalini Kapoor of AWS emphasises how sophisticated cloud computing can have a positive social impact and lower food insecurity. Read More..

B2B Tech News | 2 months ago      

Hedge Funds Dominate Euro Zone Government Bond Market with 55% Trading Volume

With a record 55% of all European government bond trading activity on the Tradeweb platform last year, hedge funds are becoming increasingly involved

With a record 55% of all European government bond trading activity on the Tradeweb platform last year, hedge funds are becoming increasingly involved in the eurozone government bond market. The European Central Bank is decreasing its bond holdings and seeing an increase in funding demands simultaneously with this rise in activity. Government borrowing has increased as a result of the pandemic and geopolitical unrest. Yet, due to postfinancial crisis laws, banks are subject to balance sheet restrictions. Hedge funds are profiting from the markets volatility because they are drawn to favourable interest rates and cheaper electronic trading expenses. Although they add to liquidity, their existence creates regulatory issues because of their adaptability and possible influence on the market. Their involvement in bond auctions has facilitated the smoothing of debt transactions, notwithstanding the risks involved. However, it presents obstacles for traditional market players. With record bond Read More..

B2B Tech News | 2 months ago      

Pakistan Concludes Review with IMF, Set to Receive $1.1 Billion Tranche

After a stafflevel assessment of a $3 billion standby agreement, Pakistan and the International Monetary Fund IMF have decided to provide $1.1 billion

After a stafflevel assessment of a $3 billion standby agreement, Pakistan and the International Monetary Fund IMF have decided to provide $1.1 billion to the South Asian economy. This latest instalment comes after Pakistan rescued the country last summer at the last minute, preventing a sovereign debt default. The IMF team met in Islamabad during a fiveday tour to discuss budget consolidation standards. The second and last evaluation was finished by all parties on Tuesday, and the IMF is anticipated to announce on Wednesday. After the present agreement expires on April 11, Islamabad would likely seek another IMF bailout, according to Finance Minister Muhammad Aurangzeb. If Pakistan requests a mediumterm programme, the IMF will consider it. According to reports, Pakistans economy struggles with poor reserves, a balance of payment crisis, and high inflation. It is expected to seek additional funding, possibly around $6 billion. Read More..

B2B Tech News | 2 months ago      

Euronext CEO Stephane Boujnah No Plans for Crypto Trading Without Regulatory Support

According to CEO of Euronext Stephane Boujnah, the stock market operator wants to get involved in cryptocurrency trading with authorities unwavering b

According to CEO of Euronext Stephane Boujnah, the stock market operator wants to get involved in cryptocurrency trading with authorities unwavering backing. In light of Bitcoins rebound, other exchanges are entering the cryptocurrency field. Still, Euronext is being cautious—especially given the ambivalence of authorities in important nations like Italy, France, and the Netherlands towards crypto. Boujnah underlined the need for regulatory support and said that because of conceptual reservations and regulatory stances, Euronext has always been wary about cryptoassets. Despite this position, Euronext distinguishes between direct crypto asset trading and crypto underlying by providing professional investors in Amsterdam and Paris with cryptobacked exchangetraded products. Read More..

B2B Tech News | 2 months ago      

Grasim Industries Secures Rs 1,250 Crore Investment from IFC for Sustainability Initiatives

The International Finance Corporation IFC has invested Rs 1,250 crore in Grasim Industries Limited, the flagship business of the Aditya Birla Group, t

The International Finance Corporation IFC has invested Rs 1,250 crore in Grasim Industries Limited, the flagship business of the Aditya Birla Group, to support the companys sustainability efforts in the paint manufacturing sector. The investment will accelerate Grasims decarbonisation efforts, which will take the form of NonConvertible Debentures NCDs, emphasising water recycling and using renewable energy. Grasims managing director, H K Agarwal, thanked the investor and emphasised the companys dedication to a lowcarbon economy and compliance with the Sustainable Development Goals of the United Nations. The funding from IFC will help Grasim grow in a way that is kind to the environment and promotes the use of water and energysaving technology. Grasim also announced the debut of "Birla Opus," a new decorative paint brand that aims to use sustainable manufacturing techniques and ambitious revenue targets within the next few years. Read More..

B2B Tech News | 2 months ago