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GLOBAL NEWS

OpenAI Introduces Native Image Generation for GPT4o Model

During its 25 March webcast, OpenAI demonstrated its GPT4o models native image generation capabilities. This functionality expands ChatGPTs usefulness

During its 25 March webcast, OpenAI demonstrated its GPT4o models native image generation capabilities. This functionality expands ChatGPTs usefulness for personal and professional applications by enabling users to generate and edit photos using conversational suggestions. With more coherence and customisation possibilities, users can now create photorealistic diagrams, infographics, and images. The update also supports iterative changes, allowing users to change particular aspects of an image. Via its API, OpenAI intends to make these features available to developers and free and paying customers. This move puts OpenAI in a competitive position against competitors such as Googles Gemini, which just introduced comparable imagegeneration capabilities. The update demonstrates OpenAIs dedication to enhancing ChatGPTs multimodal functionality. Read More..

B2B Tech News | 2 months ago      

DeepSeeks V30324 Update Enhances Programming and Coding Performance

DeepSeek, a Chinese AI business, is now more competitive than ever after releasing changes to its V3 model. Hugging Face released an update, V30324, w

DeepSeek, a Chinese AI business, is now more competitive than ever after releasing changes to its V3 model. Hugging Face released an update, V30324, which improves coding performance, logic, and programming possibilities. It tackles problems in the actual world and establishes standards for precision and productivity. DeepSeeks R1 model previously challenged OpenAIs top model, igniting discussions on developing AI at a reasonable cost. DeepSeeks goal to dominate the AI market while providing lower operating expenses than its Western competitors is highlighted in the V3 upgrade. This action shows Chinas increasing impact on the global AI business. Read More..

B2B Tech News | 2 months ago      

Australia FastTracks A$1 Billion Defense Spending to Boost Military Capabilities

To improve military capabilities, Australia intends to expedite A$1 billion in defence spending in its next federal budget. The construction of an AUK

To improve military capabilities, Australia intends to expedite A$1 billion in defence spending in its next federal budget. The construction of an AUKUS submarine base, the purchase of Precision Strike Missiles and High Mobility Artillery Rocket Systems, and the production of guided weapons are important projects. Australias longrange strike capabilities and regional mobility are intended to be strengthened by these actions. Australias will to fortify its defence infrastructure in the face of changing security threats is reflected in the decision. Read More..

B2B Tech News | 2 months ago      

South Africas G20 Presidency Focuses on Solidarity, Equality, and Sustainability

Speaking to the UN plenary, South Africas G20 Sherpa, Zane Dangor, outlined the countrys goals for the G20 Presidency December 2024–November 2025. T

Speaking to the UN plenary, South Africas G20 Sherpa, Zane Dangor, outlined the countrys goals for the G20 Presidency December 2024–November 2025. The theme "Solidarity, Equality, Sustainability" strongly emphasises inclusive, peoplecentred development. Dangor emphasised the need for debt sustainability for lowincome countries, disaster resilience, equitable treatment, and reducing high capital costs for developing nations. He also stressed the importance of harnessing vital minerals for sustainable growth and funding just energy transitions. To increase Africas influence in global governance, the African Unions admission to the G20 was hailed. Emphasis was placed on collaborations such as the Just Energy Transition Partnership to highlight the G20s role in climate action and reaching the 1.5°C temperature target. Read More..

B2B Tech News | 2 months ago      

Kenya Seeks New IMF Lending Program to Address Fiscal Challenges

Kenya has applied for a new IMF credit programme to employ unused cash from its current arrangement, which both parties decided to terminate early owi

Kenya has applied for a new IMF credit programme to employ unused cash from its current arrangement, which both parties decided to terminate early owing to time restrictions. John Mbadi, the finance minister, denied rumours of problems with the IMF by clarifying that the decision was not the result of unmet targets. Out of the $3.6 billion Extended Credit Facility and Extended Fund Facility, almost $800 million is still unused. A successor programme is being discussed and is anticipated to be launched in July of the following fiscal year. The IMF recognises stronger economic fundamentals in Kenya as the government seeks to address budgetary issues and rising debtservicing costs. This action demonstrates Kenyas attempts to maintain monetary stability in financial strain. Read More..

B2B Tech News | 2 months ago      

Xiaomi Raises $5.27 Billion to Accelerate Business Expansion and Innovation

At a price range of HK$52.80 to HK$54.60, Xiaomi Corporation of China is selling 750 million Class B shares to raise $5.27 billion through a topup pla

At a price range of HK$52.80 to HK$54.60, Xiaomi Corporation of China is selling 750 million Class B shares to raise $5.27 billion through a topup placement. The closing price of HK$57 for the company is discounted by 4.27.4%. General company reasons, research and technology development, and commercial expansion will all receive the funding. Xiaomis strategic efforts to diversify and bolster its market position are demonstrated by this decision, which comes after the company entered into the electric vehicle manufacturing industry last year. Given Xiaomis aggressive expansion goals, the placement represents one of the most significant share sales in Hong Kong in recent years. Read More..

B2B Tech News | 2 months ago      

Apple Invests $99 Million to Boost Clean Energy in China

Apple has declared that it will invest $99 million to increase Chinas sustainable energy capability. This programme is a component of Apples pledge to

Apple has declared that it will invest $99 million to increase Chinas sustainable energy capability. This programme is a component of Apples pledge to switch its supply chain to entirely renewable energy by 2030, which also happens to coincide with CEO Tim Cooks trip to Beijing. Building on the success of the first China Clean Energy Fund, which was introduced in 2018, the fund seeks to supply Chinas grid with 550,000 megawatthours of wind and solar electricity per year. In order to promote innovation and sustainability, Apple COO Jeff Williams emphasised the companys partnership with Chinese suppliers. This action demonstrates Apples commitment to environmental advancement and its position as a pioneer in green manufacturing. Read More..

B2B Tech News | 2 months ago      

ChatGPT Outage Disrupts Thousands of Users Across the US and UK

On March 24, 2025, ChatGPT went through a major outage that impacted thousands of users, mainly in the US and the UK. Several models, such as the 4o a

On March 24, 2025, ChatGPT went through a major outage that impacted thousands of users, mainly in the US and the UK. Several models, such as the 4o and 03mini, were reported to have problems, with users receiving error messages such as "upstream connect error" and "gateway timeout". The outage lasted for several hours and started at roughly 9 AM ET. As of right now, OpenAI has not made an official announcement on what caused the interruption. The difficulties in preserving stability for popular AI platforms are brought to light by this incident. Read More..

B2B Tech News | 2 months ago