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Google Unveils NextGen Cloud Solutions at Google Cloud Next 24

Google unveiled improvements to its cloud product suite, Google Distributed Cloud GDC, during the Google Cloud Next 24 event. Support for open AI mode

Google unveiled improvements to its cloud product suite, Google Distributed Cloud GDC, during the Google Cloud Next 24 event. Support for open AI models such as Llama and Gemma, which enhance generative AI search solutions, is one of the new features. Sensitive applications are prioritised in security improvements, including integration of intrusion detection and prevention systems and ISO27001 and SOC2 compliance certifications. Extensive analytics or AI workloads may now be stored, and a GDC Sandbox helps developers construct and test services. Managed GDC providers and Apigee support are also on the horizon. Additionally, Google maintained its cooperation with NVIDIA to provide energyefficient GPUs for AI workloads, including the new NVIDIA L4 Tensor Core GPU and unveiled the Google Cloud Ready – Distributed Cloud label for safe software vendor identification. Read More..

B2B Tech News | 2 months ago      

Vietnamese Prime Minister Urges Viettel to Spearhead Semiconductor Industry Development

Vietnamese Prime Minister Pham Minh Chinh has ordered the militaryrun telecom firm Viettel to accelerate the growth of the semiconductor chip sector w

Vietnamese Prime Minister Pham Minh Chinh has ordered the militaryrun telecom firm Viettel to accelerate the growth of the semiconductor chip sector with more efficiency and variety. Vietnam intends to open its first semiconductor production factory before the end of the decade, with several wellknown international electronics and semiconductor companies already having established operations there, such as Intel, Samsung, Amkor, Qualcomm, and Marvell. Vietnam intends to assist regional companies such as Viettel in constructing fabs, possibly utilising equipment from outside, to increase its capacity for producing semiconductors. To assist the semiconductor industry, the government is putting in place investment funds and tax breaks, demonstrating its dedication to promoting an independent sector and creating a solid environment for the semiconductor industrys growth in Vietnam. Read More..

B2B Tech News | 2 months ago      

Microsofts $2.9 Billion Investment in Japan Signals Major Boost for Cloud and AI Infrastructure

Microsofts pledge to grow its cloud and artificial intelligence infrastructure in Japan is demonstrated by its announcement of a $2.9 billion investme

Microsofts pledge to grow its cloud and artificial intelligence infrastructure in Japan is demonstrated by its announcement of a $2.9 billion investment spread over two years. This significant investment—the largest in Microsofts 46year history in Japan—aims to strengthen the countrys AI capabilities and promote digital skilling by equipping three million people with AIrelated competencies. Furthermore, establishing a Microsoft Research Asia facility in Tokyo will promote AI innovation and research. This action fits a larger pattern of IT companies developing their worldwide cloud computing and data centre infrastructure in response to the increasing demand for AI workloads and applications. Azure from Microsoft, Google Cloud, and Amazon Web Services continue to dominate the global cloud computing industry, spurring innovation and enabling companies worldwide. Read More..

B2B Tech News | 2 months ago      

Intel Unveils Gaudi 3 Chip to Challenge Nvidias Dominance in AI Semiconductor Market

The new Gaudi 3 processor that Intel unveiled at its Vision presentation is a significant step towards challenging Nvidias market supremacy in AI semi

The new Gaudi 3 processor that Intel unveiled at its Vision presentation is a significant step towards challenging Nvidias market supremacy in AI semiconductors. IT businesses are looking for alternatives in response to the lack of AI processors. Intel wants to give clients options and satisfy their changing demands in generative AI. Comparing the Gaudi 3 chip to Nvidias previous generation H100 processor, it shows significant performance advantages, highlighting its capacity to handle inference jobs and largescale language model training more quickly. Constructed using Taiwan Semiconductor Manufacturing Co.s 5nm technology, the Gaudi 3 chip utilises inventive architecture and expandability to provide significant processing capacity. In the upcoming quarter, Intel intends to make the Gaudi 3 processor accessible to server makers, with further iterations, such as the Falcon Shores, which are expected to advance AI computing capabilities further. Read More..

B2B Tech News | 2 months ago      

Google Unveils NextGen AI Chips and ArmBased CPU, Revolutionizing Cloud Computing

A significant shift in artificial intelligence and cloud computing occurred with Googles new armbased central processor and data centre artificial int

A significant shift in artificial intelligence and cloud computing occurred with Googles new armbased central processor and data centre artificial intelligence processors. Tensor Processing Units TPUs, albeit only available via Google Cloud Platform, provide a viable substitute for Nvidias AI hardware. The launch of the Armbased CPU, called Axion, offers users better cloud performance than x86 processors and generalpurpose Arm chips. Google wants to move current workloads to Arm architecture more efficiently by providing compatibility without requiring major program rewriting or rearchitecting. This action demonstrates Googles dedication to developing AI infrastructure and growing its cloud portfolio to satisfy changing client demands. Read More..

B2B Tech News | 2 months ago      

Zimbabwe Launches New Currency ZiG Backed by Gold Reserves and Foreign Currencies

After experiencing significant devaluation and public rejection of its former currency, Zimbabwe introduced the ZiG to stabilise its economy. The Rese

After experiencing significant devaluation and public rejection of its former currency, Zimbabwe introduced the ZiG to stabilise its economy. The Reserve Bank of Zimbabwes Governor, John Mushayavanhu, declared that ZiG will be supported by gold reserves and a basket of foreign currencies as of Monday. The value of the Zimbabwean dollar has significantly dropped, which has resulted in skyrocketing inflation rates and widespread rejection by dealers. Authorities intend to handle the currency problem and stop further decline with the new currency. The government has implemented several monetary measures since the collapse of the Zimbabwe dollar in 2009, the most recent of which was the temporary acceptance of the US dollar as legal money. Read More..

B2B Tech News | 2 months ago      

Vistaras Capacity Reduction Sparks Surge in Airfares, Up by 2025% on Major Routes

According to The Indian Express, Vistaras decision to cut back on operations by lowering 25–30 flights per day, or 10% of its operational capacity,

According to The Indian Express, Vistaras decision to cut back on operations by lowering 25–30 flights per day, or 10% of its operational capacity, has resulted in a notable increase in airfares of 20–25% on essential routes. This capacity reduction coincides with high ticket prices and unanticipated pilot reports of illness at the end of March, which resulted in over 150 flight cancellations since April 1. Fares on the impacted routes will likely be further impacted by the capacity reduction, which is anticipated to last until at least the end of April. In addition, worries over Vistaras planned merger with Air India have surfaced in the wake of significant flight delays and demonstrations against a proposed wage reform. Vistara has introduced a new salary arrangement for pilots, offering fixed pay for flying hours and additional compensation based on service tenure amid the merger process. Read More..

B2B Tech News | 2 months ago      

Samsung Electronics Block Sale 5.25 Million Shares Sold for $326 Million

In a block sale, 5.25 million shares of Samsung Electronics were sold for a total estimated value of 441 billion won $326 million, according to two un

In a block sale, 5.25 million shares of Samsung Electronics were sold for a total estimated value of 441 billion won $326 million, according to two unnamed persons who were aware of the situation on Tuesday. The price per share was 84,100 won, 0.47% less than the closing price of 84,500 won the day before. Though it hasnt been verified, rumours say that the seller could be Lee Boojin, the sister of Samsung Electronics Chairman Jay Y. Lee. Following the death of Samsung patriarch Lee Kunhee in 2020, Lee Boojin, her mother, and her sister sold a part of the company to satisfy inheritance tax requirements. That block sale occurred in January of last year. So far this year, block trades in South Korea have totalled $4.2 billion, surpassing volumes from the same period in the past five years, according to Dealogic data. Read More..

B2B Tech News | 2 months ago