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Gautam Adani Reclaims Title of Asias Richest Individual, Surpassing Mukesh Ambani

With a net worth of $111 billion, billionaire Gautam Adani has surpassed Mukesh Ambani to reclaim the title of richest person in Asia, according to th

With a net worth of $111 billion, billionaire Gautam Adani has surpassed Mukesh Ambani to reclaim the title of richest person in Asia, according to the Bloomberg Billionaires Index. Adani Group stocks surged after a Jefferies study highlighted the conglomerates $90 billion development ambitions, propelling Adani to the 11th position globally. Adani Groups overall market value increased to ₹17.94 lakh crore during intraday trading due to the surge, adding ₹1.23 lakh crore to investor wealth. Despite obstacles in 2023 brought on by judicial examination after the Hindenburg report, Adani voiced optimism for the groups future, pointing to previously unheardof potential. Read More..

B2B Tech News | 1 months ago      

Exit Polls Indicate Third Consecutive Term for Indias BJP, Spurring Sustainability Expectations

Exit polls point to Prime Minister Narendra Modis ruling BJP in India winning a third term, raising hopes for further environmental initiatives. To ma

Exit polls point to Prime Minister Narendra Modis ruling BJP in India winning a third term, raising hopes for further environmental initiatives. To maintain economic growth, EverEnviro Resource Management Pvt Ltd CEO Mahesh Girdhar emphasises innovation, publicprivate partnerships, and the renewable energy industry. The focus is on developing infrastructure, streamlining tax laws, and encouraging organic farming and biogas. Sector heads push for robust frameworks to tackle financial constraints in renewable energy, proposing accessible funding and risksharing arrangements. Shivdutt Das of Vishwa Samudra Group emphasised that continuous dedication to infrastructure development is essential, regardless of election results. The BJP platform contains Prime Minister Modis commitment to sustainability, which calls for increasing the use of nonfossil fuels in producing power and netzero emissions by 2070. Read More..

B2B Tech News | 1 months ago      

59th Annual Meetings of African Development Bank in Nairobi Address Climate Finance and Youth Empowerment

Over 3,000 people from 82 nations attended the 59th Annual Meetings of the African Development Bank AfDB in Nairobi, Kenya, focusing on changes to the

Over 3,000 people from 82 nations attended the 59th Annual Meetings of the African Development Bank AfDB in Nairobi, Kenya, focusing on changes to the global financial architecture to address climaterelated issues. To close the finance gap for climate change by 2030, the African Development Bank AfDB emphasised that African nations must obtain $213 billion a year from the private sector. Akinwumi Adesina, the outgoing president, emphasised the need for young empowerment to drive solutions and climate resilience. Discussions also focused on raising capital to preserve the Banks tripleA rating, with Kenyan President William Ruto promising $100 million to boost the nations stake. In addition, the AfDB published its TenYear Strategy 2024–2033 to address Africas economic challenges. Read More..

B2B Tech News | 1 months ago      

Googles A.I. Overviews Rollback Accuracy Concerns Lead to Reinstatement of Traditional Search Results

Google launched A.I. Overviews last month to offer indepth explanations atop search results however, a significant rollback was necessitated by accura

Google launched A.I. Overviews last month to offer indepth explanations atop search results however, a significant rollback was necessitated by accuracy concerns. At first, just one query yielded reliable summaries every time. This resulted in the return of standard search results, which included mistakes like suggesting glue for pizza. Though its functionality is restricted, consumers in India may still access it through Googles Labs. Googles new head of search, Liz Reid, clarified that refinements aim to weed out particular information and stop giving incorrect recommendations. Google is upgrading the function rather than discontinuing it despite failures. With the recent launch of the Gemini suite of A.I. models for developers and improvements to content production on sites like YouTube and Gmail, the business continues incorporating A.I. into its offerings. Read More..

B2B Tech News | 1 months ago      

Nvidia CEO Jensen Huang Unveils Rubin AI Chip Platform Launching in 2026

The CEO of Nvidia, Jensen Huang, declared that the companys nextgeneration AI chip platform, Rubin, will go on sale in 2026. New networking chips, gra

The CEO of Nvidia, Jensen Huang, declared that the companys nextgeneration AI chip platform, Rubin, will go on sale in 2026. New networking chips, graphics processing units GPUs, and central processing units CPUs dubbed Versa will be available in the Rubin family. Nextgeneration highbandwidth memory from Samsung, Micron, and SK Hynix will be included in these GPUs. Every year, Nvidia intends to double the number of AI chip families it releases compared to previously. Nvidia, which holds an 80% market share in AI processors, is a significant contributor to and benefit of the expanding AI industry. The declaration was made in Taipei during the Computex trade exhibition. Read More..

B2B Tech News | 1 months ago      

CrowdStrike and Cloudflare Enhance Security with Expanded Strategic Partnership

CrowdStrike and Cloudflare aim to improve security and optimise operations by expanding their strategic alliance. They want to increase Security Opera

CrowdStrike and Cloudflare aim to improve security and optimise operations by expanding their strategic alliance. They want to increase Security Operations Centre SOC efficiency and stop attacks at scale by combining Cloudflare Ones Zero Trust protection with CrowdStrikes AInative Falcon cybersecurity platform. This partnership offers a single APIbased solution that tackles the challenges of managing several cybersecurity technologies and expanding threat vectors. Endpoint, network, and application security are all integrated to offer complete defence against complex cyber threats. Executives from both businesses stress how crucial this collaboration is to providing reliable, expandable cybersecurity solutions that streamline risk management for businesses worldwide. Read More..

B2B Tech News | 1 months ago      

Live Nation Probes Ticketmaster Data Breach Involving 500 Million Customers

An investigation into a May 20 data breach at Live Nation Entertainments Ticketmaster division was revealed. Unauthorised activity in a thirdparty clo

An investigation into a May 20 data breach at Live Nation Entertainments Ticketmaster division was revealed. Unauthorised activity in a thirdparty cloud database holding Ticketmaster data was the source of the hack. According to reports, the cybercrime collective ShinyHunters took credit for the incident, claiming to have stolen information from over 500 million Ticketmaster users. ShinyHunters should have been mentioned by Live Nation in their SEC report. The violation occurs amidst continuous regulatory examination due to antitrust issues the US government has filed lawsuits against Live Nation and Ticketmaster for purportedly increasing the cost of concert tickets. To reduce risks, Live Nation collaborates with law enforcement, alerts authorities and impacted users, and engages with forensic investigators. Read More..

B2B Tech News | 1 months ago      

AMD Unveils New AI Processors to Compete with Nvidia

In an effort to take on market leader Nvidia, Advanced Micro Devices AMD has revealed its most recent AI processors and laid out a twoyear roadmap for

In an effort to take on market leader Nvidia, Advanced Micro Devices AMD has revealed its most recent AI processors and laid out a twoyear roadmap for creating AI chips. CEO Lisa Su unveiled the MI325X accelerator at Computex in Taipei. It is scheduled for availability in Q4 2024. AMD intends to deliver new AI processors yearly to challenge Nvidias commanding market position. Anticipated in 2025, the MI350 series is predicted to outperform the MI300 series in AI inference by a factor of 35. The MI400 series is scheduled for 2026 as well. AMD is expected to sell $4 billion worth of AI chips in 2024. In the years second half, a new generation of CPUs will be made accessible. Read More..

B2B Tech News | 1 months ago