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GLOBAL NEWS

EIB Launches €70 Billion AI and Semiconductor Plan to Strengthen EU Tech Leadership

A €70 billion AI and semiconductor investment plan is being developed by the European Investment Bank EIB to increase EU competitiveness versus the

A €70 billion AI and semiconductor investment plan is being developed by the European Investment Bank EIB to increase EU competitiveness versus the U.S. and China. With an emphasis on semiconductors, artificial intelligence, health technology, and essential commodities, the effort, known as Tech EU, seeks to draw in €250 billion in longterm investments. To support Europes tech industry, EIB President Nadia Calvino underlined the necessity of investment, market integration, and regulatory simplification. The proposal is in line with the EUs overarching objective to foster innovation and lessen dependency on foreign semiconductor suppliers. By 2027, the plan should be complete, establishing Europe as a world leader in semiconductor and artificial intelligence research. Read More..

B2B Tech News | 2 days ago      

BOJ to Raise Rates If Inflation Meets 2% Target, Says Deputy Governor Uchida

Deputy Governor Shinichi Uchida stated that if inflation continues to climb towards its 2% objective, the Bank of Japan BOJ will keep hiking interest

Deputy Governor Shinichi Uchida stated that if inflation continues to climb towards its 2% objective, the Bank of Japan BOJ will keep hiking interest rates. Because of increased U.S. tariffs, Japans GDP shrank for the first time in a year, which sparked worries about consumer spending and business profits. In spite of this, the BOJ supports additional hikes because it thinks underlying inflation will be stable. The central bank signalled a move away from ultraloose monetary policy in January by raising rates to 0.5%, its first increase in more than ten years. Economic developments will influence future rate decisions as Japan strikes a balance between price stability and growth. Read More..

B2B Tech News | 2 days ago      

Bangladesh Seeks Trade Talks With India Amid Ongoing Import Restrictions

After New Delhi recently implemented import restrictions, Bangladesh has indicated that it is open to hold trade talks with India. Bangladesh aims to

After New Delhi recently implemented import restrictions, Bangladesh has indicated that it is open to hold trade talks with India. Bangladesh aims to address trade issues through conversation, highlighting the reciprocal advantages of free trade, according to Sheikh Bashiruddin, the interim governments commerce adviser. The limitations imposed by India on readymade clothing, processed foods, and plastic products come after Bangladesh had banned the import of Indian yarn. The trade conflict has resulted in reciprocal restrictions that affect goods valued at $770 million. In order to maintain competitiveness and market access, Bangladesh seeks to restore trade stability. Before acting, the administration is expecting an official response from India. Read More..

B2B Tech News | 2 days ago      

Xiaomi to Invest $6.9 Billion in Semiconductor Chip Design Over Next Decade

As a further indication of its dedication to technological independence, Xiaomi has declared plans to invest at least $6.9 billion in semiconductor ch

As a further indication of its dedication to technological independence, Xiaomi has declared plans to invest at least $6.9 billion in semiconductor chip design over the next ten years. Lei Jun, the founder, announced the project, which intends to improve Xiaomis domestic chip development and lessen dependency on outside vendors. With more than 2,500 engineers committed to the project, Xiaomi has already spent 13.5 billion yuan since starting its chip program in 2021 to build the XringO1 smartphone chipset. In light of recent supply chain disruptions and geopolitical difficulties, the action is consistent with Chinas larger desire for independence in semiconductor technology. Read More..

B2B Tech News | 2 days ago      

Nvidia Explores Quantum Computing Investment With PsiQuantum Talks

The investment talks between Nvidia and PsiQuantum, a quantum computing startup that specialises in photonic quantum processors, are progressing. The

The investment talks between Nvidia and PsiQuantum, a quantum computing startup that specialises in photonic quantum processors, are progressing. The agreement would represent a strategic move away from AI processors and Nvidias first significant investment in a business producing actual quantum computers. PsiQuantum, which has a $6 billion premoney valuation, is now raising at least $750 million under the leadership of BlackRock. The company has already raised more than $1 billion, partnering with GlobalFoundries and obtaining government assistance in Australia and the United States. After hosting Quantum Day and opening a specialised research facility in Boston, Nvidias action is in line with its expanding interest in quantum technologies. Read More..

B2B Tech News | 2 days ago      

Airtel Unveils AI Fraud Detection System to Protect 38 Crore Users

To safeguard its 38 crore internet and mobile customers from online fraud, Airtel has introduced a fraud detection system driven by artificial intelli

To safeguard its 38 crore internet and mobile customers from online fraud, Airtel has introduced a fraud detection system driven by artificial intelligence. Across computer browsers, emails, Telegram, Facebook, Instagram, WhatsApp, and other channels, the program automatically filters scam links and harmful websites. Before consumers click on a fake link, Airtel blocks it with realtime domain screening, sending them to a warning page outlining possible dangers. The service is already available in Haryana and will soon be rolled out nationally. It is automatically enabled for all Airtel users at no additional cost. This program strengthens digital security for millions of users and assists Indias larger efforts to counter cyberthreats. Read More..

B2B Tech News | 2 days ago      

OpenAI Introduces Codex, Its Most Advanced AI Coding Assistant

Codex, OpenAIs most sophisticated AI coding agent, was unveiled with the goal of serving as a virtual developer collaborator. In a sandboxed cloud env

Codex, OpenAIs most sophisticated AI coding agent, was unveiled with the goal of serving as a virtual developer collaborator. In a sandboxed cloud environment, Codex helps with developing code, resolving issues, conducting tests, and overseeing software engineering chores. It is powered by OpenAIs o3 AI reasoning model. It ensures contextaware programming by preloading users repositories through its integration with GitHub. To increase confidence and dependability, Codex works transparently by reporting uncertainties or test failures, referencing terminal logs, and presenting its stepbystep logic. Sam Altman, CEO of OpenAI, highlighted how Codex can parallelise operations, greatly speeding up engineering procedures. OpenAI emphasises that human control is still crucial for code quality and security even when Codex automates coding. Read More..

B2B Tech News | 2 days ago      

Windsurf Unveils SWE1 AI Model Suite, Redefining Software Engineering Automation

Beyond conventional coding helpers, Windsurf has introduced SWE1, an AI model suite that can manage endtoend software engineering. Each member of the

Beyond conventional coding helpers, Windsurf has introduced SWE1, an AI model suite that can manage endtoend software engineering. Each member of the suite—SWE1, SWE1lite, and SWE1mini—is tailored for a distinct engineering activity, allowing AI to handle lengthy projects, unfinished codebases, and intricate workflows. Competing with models such as Claude 3.5 Sonnet, GPT4.1, and Gemini 2.5 Pro, SWE1 provides flowaware AI features that improve humanAI development collaboration. The announcement comes after news of OpenAIs $3 billion purchase of Windsurf, which suggests a more widespread move towards AInative software development. The goal of the concept is to increase developer productivity by integrating AI into engineering procedures. Read More..

B2B Tech News | 2 days ago