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Nvidia and Vietnam Partner to Launch AI R&D and Data Centers

Vietnam and Nvidia have agreed to set up an AI data centre and research and development centre in Vietnam. The deal, formally announced in Hanoi by Vi

Vietnam and Nvidia have agreed to set up an AI data centre and research and development centre in Vietnam. The deal, formally announced in Hanoi by Vietnamese Prime Minister Pham Minh Chinh and Nvidia CEO Jensen Huang, is part of Nvidias continuous efforts to develop tech talent and increase AI capabilities in Vietnam. The news comes after Nvidia acquired VinBrain, a healthcare firm and Vingroup affiliate, for an undisclosed sum. Vietnams FPT previously disclosed plans for a $200 million AI facility utilising Nvidia technology. "AI will turn the sun, wind, and waves into clean energy for us," said Prime Minister Chinh, underscoring the technologys potential to spur economic growth and innovation in clean energy. Read More..

B2B Tech News | 2 months ago      

Israel Focuses on Six Key Economic Sectors for Enhanced Collaboration with India

Israeli Economy Minister Nir Barkat thanked India for its support in the aftermath of the 7 October terror attacks and highlighted the importance of d

Israeli Economy Minister Nir Barkat thanked India for its support in the aftermath of the 7 October terror attacks and highlighted the importance of deepening bilateral ties in investment and technology. He emphasized Israels focus on six key economic sectors and proposed launching collaborative pilot projects to leverage the strengths of both nations. Special attention was given to AI and quantum technologies, where Israels cuttingedge innovation could be paired with Indias vast market scale and technical expertise to drive transformative solutions. These partnerships aim to foster mutual economic growth while addressing global challenges. Read More..

B2B Tech News | 2 months ago      

Nepal Signs New Framework Agreement with China on Belt and Road Initiative

After a failed original deal seven years ago, Nepal has inked a framework agreement with China on the Belt and Road Initiative. The agreement, which N

After a failed original deal seven years ago, Nepal has inked a framework agreement with China on the Belt and Road Initiative. The agreement, which Nepals foreign ministry announced, is anticipated to make collaborating easier on several projects, such as transit corridors and road improvements. During his first international trip since assuming office, Prime Minister K.P. Sharma Oli, now in Beijing, emphasised the significance of this agreement. Even while the deal opens the door for future improvements, Olis coalition government has expressed concerns about debt, especially from the Nepali Congress party, which is against loanfinanced projects. In the past, China gave Nepal a $216 million loan for a Pokhara International Airport with operating issues. Read More..

B2B Tech News | 2 months ago      

Biden Commits $600 Million for Lobito Corridor Railway Project in Africa

"Africa has been left behind for too long," said President Joe Biden, who pledged an additional $600 million for the Lobito Corridor railway project d

"Africa has been left behind for too long," said President Joe Biden, who pledged an additional $600 million for the Lobito Corridor railway project during his trip to subSaharan Africa. Biden highlighted the U.S. commitment to restoring 800 miles of rail across Zambia, Congo, and Angola, highlighting the projects potential to strengthen U.S. influence in an area abundant in vital minerals for renewable energy and electric vehicles. He said the route can revolutionise transportation times and help the area become a food exporter, calling it a "game changer." The Lobito Corridor, expected to generate tremendous economic advantages and employment development for the area, is considered the most significant American railway project overseas, with a total U.S. investment of $4 billion. Read More..

B2B Tech News | 2 months ago      

Meta Plans $10 Billion Investment in New AI Data Center in Louisiana

Meta Platforms announced intentions to invest $10 billion in a new AI data centre in Louisiana to expand its data centre globally. The Hyperscaler dat

Meta Platforms announced intentions to invest $10 billion in a new AI data centre in Louisiana to expand its data centre globally. The Hyperscaler data centre in Richland Parish is intended to serve digital infrastructure, especially tasks related to artificial intelligence, by handling enormous volumes of data. The announcement comes after Meta requested ideas from nuclear power developers to assist in meeting its environmental and AI goals, including increasing U.S. atomic energy capacity by 1 to 4 gigawatts in the early 2030s. Meta and Entergy will work to ensure that the centres energy needs are met and that its electricity consumption aligns with renewable energy sources. Site preparation for the data centre is anticipated to start in December and proceed until 2030. Read More..

B2B Tech News | 2 months ago      

Woodside Energy Signs EPC Contract with Bechtel for Louisiana LNG Project

Woodside Energy Group and the U.S. company Bechtel signed a contract for engineering, procurement, and construction on Thursday with their Louisiana l

Woodside Energy Group and the U.S. company Bechtel signed a contract for engineering, procurement, and construction on Thursday with their Louisiana liquefied natural gas. Three manufacturing trains totalling 16.5 million tonnes per year will have their foundations developed with the help of this EPC contract. With total planned expenditures from December through the first quarter of 2025 estimated at up to $1.3 billion, Woodside intends to make a final investment decision FID by then. According to previous projections, the foundation development will cost between $900 and $960 per tonne of LNG. This aligns with Woodsides $1.2 billion purchase of developer Tellurian Inc. in October. The project is approved for a 27.6 million tonne yearly capacity. Read More..

B2B Tech News | 2 months ago      

Mphasis Unveils Cyber Fusion Center in Bangalore for 24/7 Threat Detection

Mphasis has opened a new Cyber Fusion Centre for clients worldwide in Bangalore, India, offering roundtheclock sophisticated threat detection, inciden

Mphasis has opened a new Cyber Fusion Centre for clients worldwide in Bangalore, India, offering roundtheclock sophisticated threat detection, incident response, and ongoing monitoring. The centre increases cybersecurity by providing breach simulations, threat hunting, forensic investigation, and proactive risk mitigation through AI, ML, and automation. It decreases attack surfaces by 45%, increases supply chain breach reaction times by 50%, and boosts threat response effectiveness by 60%. The centre guarantees thorough visibility across IT and OT platforms by tackling issues like insider threats and mutable threats. Cybersecurity innovation is further supported by Mphasiss NEXT Labs Quantum Initiative, which enables organisations to upgrade their defences and move to quantum technology. Mphasis is dedicated to providing AIdriven, gamechanging cybersecurity solutions, CEO Nitin Rakesh underlined. Read More..

B2B Tech News | 2 months ago      

Salt Typhoon Campaign Targets Major U.S. Telecom Firms in Cyberespionage Effort

The Chinese hacking collective "Salt Typhoon" has been exposed by the United States for its cyberespionage effort, which involved breaking into at lea

The Chinese hacking collective "Salt Typhoon" has been exposed by the United States for its cyberespionage effort, which involved breaking into at least eight U.S. telecom companies, including Verizon, AT&T, and TMobile, and stealing metadata from countless Americans. Although call content was not accessed, stolen metadata, like call duration, recipients, and locations, might provide intimate details about a persons life. Audio intercepts over the phone were also allegedly corrupted in certain instances. Addressing the hack has been a top priority for the White House, and President Biden has been briefed several times. The threat was emphasised by a classified Senate meeting that included the FBI and FCC. This hack emphasises how urgently telecommunications cybersecurity needs to be improved to safeguard vital infrastructure and stop future abuse. Read More..

B2B Tech News | 2 months ago