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GLOBAL NEWS

OpenAI Set to Launch GPT5, Merging OSeries Reasoning With GPT Multimodality

OpenAI is getting ready to release GPT5, a unified AI model that combines the multimodal capabilities of the GPTseries with the sophisticated reasonin

OpenAI is getting ready to release GPT5, a unified AI model that combines the multimodal capabilities of the GPTseries with the sophisticated reasoning of the Oseries. GPT5, which is referred to as a "net new great frontier model," attempts to do away with the necessity of model changeover by dynamically adjusting to user requirements. Additionally, it might interface with OpenAIs Operator AI agent, a computerusing agent that can operate independently on devices and the internet. Text, image, audio, and maybe video inputs should all be supported by the model, providing a smooth, featurerich experience. Although a formal release date has not been set, OpenAI officials have alluded to a July or August 2025 debut, which would represent a significant advancement in unified, generalpurpose AI. Read More..

B2B Tech News | 1 months ago      

Amazon India Brings Rufus AI Assistant to Desktop Ahead of Prime Day 2025

Before Prime Day 2025, which is scheduled for July 12–14, Amazon India has introduced its Rufus AI assistant on the desktop web platform. Previousl

Before Prime Day 2025, which is scheduled for July 12–14, Amazon India has introduced its Rufus AI assistant on the desktop web platform. Previously exclusive to mobile devices, Rufus now uses natural language questions to assist desktop users in finding discounts, comparing products, and getting personalised suggestions. Although responses are only textbased at the moment, it accepts both voice and text input. Initially launched in the United States in early 2024, Rufus later spread to India. This launch provides a conversational, realtime assistant to improve shopping efficiency during Amazons largest sales event. Even though it is still in beta, the desktop launch greatly increases accessibility and represents Amazons ongoing efforts to integrate AI personalisation with the online shopping experience. Read More..

B2B Tech News | 1 months ago      

Apple Hits Pause on Project ACDC, Its MSeries Cloud Rival to AWS and Azure

According to reports, Apple considered introducing Project ACDC Apple Chips in Data Centres, an internal project, as a public cloud platform to compet

According to reports, Apple considered introducing Project ACDC Apple Chips in Data Centres, an internal project, as a public cloud platform to compete with AWS, Azure, and Google Cloud. As an affordable substitute for servers with a lot of GPUs, the program sought to provide developers access to Apples Mseries CPUs, which are renowned for their energy efficiency and AI inference capabilities. These processors are already part of Apples Private Cloud computing infrastructure, which powers services like Music, Photos, and Siri. Apple intended to use its Developer Relations group to handle access rather than establishing a conventional sales force. However, once Michael Abbott, the projects leader, left in 2023, the projects future is unclear. Although there has been no confirmation of a public debut, discussions are said to have lasted into early 2024. Read More..

B2B Tech News | 1 months ago      

Louis Vuitton Korea Confirms Data Breach, Joins Growing List of Hacked Luxury Brands

A cyberattack that exposed some customer information, including names and contact details, has been confirmed by Louis Vuitton Korea. It wasnt until

A cyberattack that exposed some customer information, including names and contact details, has been confirmed by Louis Vuitton Korea. It wasnt until July 3 that the business learnt about the June 8 incident. Even though no passwords or credit card numbers were stolen, the event joins an increasing number of hacks that target luxury companies in South Korea, such as Dior, Tiffany, and Cartier. Louis Vuitton has alerted law enforcement and is collaborating with cybersecurity specialists to fortify its networks. The business highlighted how committed it is to openness and data protection. Because highend businesses are increasingly being targeted by sophisticated assaults, the intrusion underscores the growing cybersecurity threats in the luxury retail industry. Read More..

B2B Tech News | 1 months ago      

India Warned as U.S.–Vietnam Deal Imposes Flat 20% Tariff, Ends Preferential Access

According to a report by the Global Trade Research Initiative GTRI, India is concerned about a new trade agreement between the United States and Vietn

According to a report by the Global Trade Research Initiative GTRI, India is concerned about a new trade agreement between the United States and Vietnam. The 2000 Bilateral Trade Agreements 2–10% concessional tariffs have been replaced with a flat 20% tariff on all Vietnamese exports to the United States. This would sabotage Vietnams $135 billion export revenue, particularly in furniture, seafood, and textiles. Concerns about WTO compliance are also raised by the deals 40% levy on goods manufactured in nations like China but shipped through Vietnam. As India approaches its own trade agreement with the United States, GTRI encourages Indian negotiators to take a cue from Vietnams experience, especially the dangers of reversing concessions, unclear origin regulations, and sweeping tariffs. Read More..

B2B Tech News | 1 months ago      

Albanese 10% U.S. Tariff Likely to Stay, But Australia Will Keep Pushing for Exemption

The 10% U.S. baseline tax on Australian exports is expected to stay in effect after the July 9 deadline, according to Australian Prime Minister Anthon

The 10% U.S. baseline tax on Australian exports is expected to stay in effect after the July 9 deadline, according to Australian Prime Minister Anthony Albanese. Introduced in April as part of President Trumps reciprocal trade policy, the tax covers a wide range of goods from trading partners in the United States. No nation has a lower rate than 10%, according to Albanese, and although Australia will keep pushing for an exception, the existing rate is still rather advantageous. Tensions in the Middle East forced the cancellation of a scheduled meeting with Trump at the G7 Summit, but Albanese seemed upbeat about future interactions. The administration is still dedicated to negotiating better conditions while keeping close bilateral relations with the United States. Read More..

B2B Tech News | 1 months ago      

From Recession Exit to Rate Pause RBNZ Charts Cautious Path Forward

Reuters polled 27 analysts and found that the Reserve Bank of New Zealand RBNZ would maintain its benchmark cash rate at 3.25% on July 9. Eight big ba

Reuters polled 27 analysts and found that the Reserve Bank of New Zealand RBNZ would maintain its benchmark cash rate at 3.25% on July 9. Eight big banks, including ANZ, ASB, and Westpac, predict a 25 basis point drop, while the majority predict no change. As the economy grew by 0.8% in Q1, the RBNZ has already lowered interest rates by 225 basis points since August. Inside the RBNZs 1–3% target range, inflation slowed to 2.5 percent, but uncertainty still exists. If future inflation data is available, a further 25 basis point decrease is anticipated by September, most likely at the August meeting. It is anticipated that inflation will average 2.5% in 2025, with a median yearend rate prediction of 3.00%. Read More..

B2B Tech News | 1 months ago      

Trump’s ‘One Big Beautiful Bill’ Passes House 218–214, Heads to July 4 Signing

By a slim vote of 218–214, the U.S. House enacted President Trump’s expansive tax and spending plan, known as the “One Big Beautiful Bill." The

By a slim vote of 218–214, the U.S. House enacted President Trump’s expansive tax and spending plan, known as the “One Big Beautiful Bill." The plan increases military and immigration enforcement money, offers new deductions for seniors, overtime, and tips, and makes the 2017 tax cuts permanent. Moreover, it severely reduces Medicaid, SNAP, and clean energy subsidies, which Democrats strongly object to. According to the Congressional Budget Office, it will increase the national debt by $3.4 trillion over the course of the following ten years. Trumps aggressive lobbying helped ensure passage despite internal GOP differences. He will sign the law on July 4 and will portray it as a key component of his secondterm plan and an engine of economic expansion. Read More..

B2B Tech News | 1 months ago