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Nissan Motor Invests in ChargeScape to Enhance EV Charging Services in North America

To improve services for its electric vehicle EV drivers in the United States and Canada, Nissan Motor of Japan said on Monday that it will invest an u

To improve services for its electric vehicle EV drivers in the United States and Canada, Nissan Motor of Japan said on Monday that it will invest an undisclosed sum in ChargeScape. This business specialises in battery charging technology. After the transaction, Nissan will become a 25% shareholder in ChargeScape, becoming equal investors with BMW, Ford, and Honda. ChargeScape, which competes with more recent arrivals like BP Pulse and ChargePoint and more established businesses like Tesla, focuses on optimising EV battery charging. With the ability to delay charging during periods of high demand in exchange for cash incentives and eventually sell energy back to the power grid, this investment aligns with Nissans aim to adopt bidirectional charging technology. Read More..

B2B Tech News | 2 months ago      

Italy Explores Enhancements to Digital Services Tax Amid Caution Over U.S. Retaliation

Italys 2025 budget includes measures to increase the tax revenue from digital services. Still, the country is wary of possible US reprisal because man

Italys 2025 budget includes measures to increase the tax revenue from digital services. Still, the country is wary of possible US reprisal because many impacted IT companies have US headquarters. Targeting companies like Meta, Google, and Amazon, the current tax brings in about €400 million $439 million annually. Among these talks is the meeting between Italian Prime Minister Giorgia Meloni and U.S. Commerce Secretary Gina Raimondo. Due to postponed international agreements, the 3% tax that was supposed to be imposed on digital enterprises with considerable local sales has been delayed since its introduction in 2019. While aiming to increase its budget deficit to 3.3% of GDP to finance stimulus measures, Italy also intends to correct tax inefficiencies. Read More..

B2B Tech News | 2 months ago      

Super Micro Computer Reports Shipping Over 100,000 GPUs Per Quarter Amid AI Boom

Super Micro Computer announced that it would sell over 100,000 graphics processors every quarter and introduced new liquid cooling technologies, raisi

Super Micro Computer announced that it would sell over 100,000 graphics processors every quarter and introduced new liquid cooling technologies, raising company shares by 14% following a previous dip. Super Micro, wellknown for its servers fitted with Nvidia chips, has profited from the surge in hardware demand brought on by the generative AI boom. The business installed these GPUs with liquid cooling systems for large AI factories, increasing productivity and reducing energy use. Super Micros shares have increased by 66% this year despite previous difficulties, such as interest from short sellers. Super Micros competitive advantage in the expanding AI industry is reinforced by the inventive cooling techniques noteworthy power savings and increased GPU density. Read More..

B2B Tech News | 2 months ago      

Chevron Divests $6.5 Billion Canadian Assets to Canadian Natural Resources in Strategic Move

Chevron is selling its holdings in the Athabasca oil sands and Duvernay shale formation to Canadian Natural Resources for $6.5 billion as part of its

Chevron is selling its holdings in the Athabasca oil sands and Duvernay shale formation to Canadian Natural Resources for $6.5 billion as part of its divestment plan targeted at raising $10 billion to $15 billion by 2028. Anticipated to conclude by December 6, the allcash deal fortifies Chevrons financial standing during its continuous rivalry with Exxon, especially in light of Exxons $53 billion offer for Hess. In 2023, Chevrons Canadian properties produced 84,000 barrels of oil equivalent per day boepd. After the acquisition, Canadian Natural would own 90% of the Athabasca project. It aims to invest $400 million next year and boost dividends by 7%, with an expected 122,500 boepd rise in output by 2025. Read More..

B2B Tech News | 2 months ago      

Andrew Ngs AI Fund Makes First India Investment in Healthcare Startup Jivi

The Gurugrambased healthcare business Jivi is the first venture Andrew Ngs AI Fund has backed in India. Jivi is an artificial intelligence platform th

The Gurugrambased healthcare business Jivi is the first venture Andrew Ngs AI Fund has backed in India. Jivi is an artificial intelligence platform that helps with administrative work, health report generation, diagnosis, and therapy suggestions. The amount invested and the stake that was obtained were not made public. This is happening at a time when it is anticipated that Indias AI market will more than quadruple, reaching $22 billion by 2027, with a large share coming from goods and companies. Sequoia Capital and Softbank Groupbacked AI Fund have made prior investments in platforms such as Podcastle and Octagon AI. Earlier this year, Ng—renowned for his leadership positions at Google and Baidu—joined the board of Amazon. Read More..

B2B Tech News | 2 months ago      

Ukrainian Hackers Allegedly Target Russian State Media VGTRK in Major Cyberattack

A Ukrainian government source claims that on Monday, the Russian state media firm VGTRK was the target of a massive cyberattack that hackers from Ukra

A Ukrainian government source claims that on Monday, the Russian state media firm VGTRK was the target of a massive cyberattack that hackers from Ukraine purportedly carried out. The assault caused a "503 Service Unavailable" error and made VGTRKs Rossiya24 news channel and website inaccessible. The unprecedented attack on VGTRKs digital infrastructure was recognised by Kremlin spokesperson Dmitry Peskov, who also stated that experts were looking into the matter. Given that Thursday was also Russian President Vladimir Putins 72nd birthday, the Ukrainian source speculated that the hackers were attempting to "congratulate" him. Based on reports, VGTRK had to prepare for a protracted recovery as the attack reportedly disrupted internal services, internet broadcasting, and maybe erased servers. Russian officials presented the event as a component of the Wests "hybrid war." Read More..

B2B Tech News | 2 months ago      

CrowdStrike Expands Marketplace with Over 260 Cybersecurity Solutions from 140 Partners

Almost 260 cybersecurity solutions from 140 leading technology partners, including AWS, NVIDIA, and Zscaler, are now available through CrowdStrikes en

Almost 260 cybersecurity solutions from 140 leading technology partners, including AWS, NVIDIA, and Zscaler, are now available through CrowdStrikes enlarged CrowdStrike Marketplace. This extension allows clients to get customised, Falconintegrated solutions through resellers like CDW, GuidePoint Security, and Optiv. The Marketplace Private Offer program now includes more solution providers. Designed to reduce complexity and improve security results, the Marketplace was introduced in 2023 to assist organisations in getting the most out of their cybersecurity investments by combining several products into a single platform. As breaches increasingly occur in minutes, the Marketplace provides a contemporary, efficient method for clients to improve their cybersecurity stack. It does this by integrating industryleading solutions, speeding up timetovalue, and guaranteeing more robust defence against everevolving cyberthreats. Read More..

B2B Tech News | 2 months ago      

Infinix Launches AI Platform with Folax Virtual Assistant to Power NextGen Devices

To improve AI capabilities across its smartphones, Infinix has unveiled Infinix AI, a platform. Folax, a virtual assistant powered by external AI like

To improve AI capabilities across its smartphones, Infinix has unveiled Infinix AI, a platform. Folax, a virtual assistant powered by external AI like GPT4o, Gemini, and proprietary models, is the main attraction. It can handle text, speech, and picture inputs. Folax was introduced with additional artificial intelligence capabilities, such as Live Texts, which summarise material from documents and photos, and Writing Tools, which improve grammar and style. Other creative tools, such as Magic Create and Visual Look Up, provide contextual information based on photographs. To put Infinix AI on par with systems like Samsungs Galaxy AI, the business also released regionspecific AI Wallpaper, AI Eraser, and AI Sketch. Read More..

B2B Tech News | 2 months ago