Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

GLOBAL NEWS

Canada Scraps Digital Services Tax to Revive U.S. Trade Talks Before July 21 Deadline

Days after President Trump halted trade negotiations in retribution for the Digital Services Tax DST, Canada has revoked the tax in an effort to resum

Days after President Trump halted trade negotiations in retribution for the Digital Services Tax DST, Canada has revoked the tax in an effort to resume talks with the United States. During the recent G7 Summit, Prime Minister Mark Carney and Trump decided to start talking again with the goal of reaching an agreement by July 21, 2025. The DST, a 3% tax on Canadian tech companies earnings, drew criticism for specifically targeting American corporations such as Apple, Google, Amazon, and Meta. The tax was scheduled to go into effect on June 30 and be paid retroactively beginning in January 2022. In an effort to establish a more comprehensive economic and security alliance, Canadas finance minister promised to propose legislation to repeal the DST. Read More..

B2B Tech News | 3 days ago      

OpenAI Rents Google TPUs, Marking First Major Shift From Nvidia and Microsoft

With the launch of ChatGPT and other products, OpenAI has made its first significant move away from Nvidia GPUs and Microsoft data centres by starting

With the launch of ChatGPT and other products, OpenAI has made its first significant move away from Nvidia GPUs and Microsoft data centres by starting to rent Googles AI chips TPUs. By utilising the infrastructure of Google Cloud, the move seeks to lower inference costs and satisfy increasing computational demands. This deal represents an unexpected alliance between two AI competitors, even if OpenAI is still a major Nvidia customer. To draw in big clients like Apple, Anthropic, and now OpenAI, Google is, in turn, making its internal TPUs more widely available. OpenAI is apparently not receiving Googles most potent TPUs, though. The agreement underscores the growing competition and changing alliances in the struggle for control of AI infrastructure. Read More..

B2B Tech News | 3 days ago      

SoftBank Reloads for ASI Era With HardwareSoftware Synergy Strategy

Masayoshi Son, CEO of SoftBank, has revealed aspirations to position the company as the leading provider of artificial superintelligence ASI platforms

Masayoshi Son, CEO of SoftBank, has revealed aspirations to position the company as the leading provider of artificial superintelligence ASI platforms globally in the next ten years. Sons idea of a "winner takes all" future revolves around ASI, which is defined as intelligence 10,000 times greater than humans. At the shareholder meeting, he boldly declared, "Im all in on OpenAI," reinforcing his commitment. SoftBank has previously contributed $32 billion to OpenAI and recently paid $6.5 billion to acquire chipmaker Ampere, with an extra $40 billion set aside for future funding. The strategy puts SoftBank at the vanguard of nextgeneration intelligence by utilising its hardwaresoftware synergy to dominate the ASI era, emulating the ascent of IT behemoths like Microsoft and Google. Read More..

B2B Tech News | 3 days ago      

Cisco Talos Warns Cybercriminals Weaponize LLMs Like WormGPT and FraudGPT

According to recent Cisco Talos research, cybercriminals are increasingly using large language models LLMs to improve hacking operations. Threat actor

According to recent Cisco Talos research, cybercriminals are increasingly using large language models LLMs to improve hacking operations. Threat actors are creating malicious programs, phishing emails, and hacking tutorials by employing uncensored or jailbroken LLMs, as well as by creating custom models like WormGPT, FraudGPT, and DarkGPT. These models use quick obfuscation techniques such as Base64 encoding, emojis, or "leet speak" to get beyond builtin safety safeguards. Some are integrated with thirdparty tools for automated exploitation, credential theft, and vulnerability scanning. Access to these tools has increased due to the growth of over 1.8 million models on websites like Hugging Face. This development represents a risky shift in the cybercrime ecosystem and lowers the bar for less experienced attackers. Read More..

B2B Tech News | 3 days ago      

Google Launches Doppl App to Let You Virtually Try On Clothes With AI

Doppl, an AIpowered tool developed by Google, allows users to virtually try on clothing by employing an animated digital version of themselves. Doppl,

Doppl, an AIpowered tool developed by Google, allows users to virtually try on clothing by employing an animated digital version of themselves. Doppl, which is accessible on Android and iOS in the United States, lets users submit a fullbody shot and pictures of their clothing from friends, retailers, or social media to see how they would appear in person. In order to increase realism, the app also produces AIgenerated videos that demonstrate how clothing moves. Favourite looks can be shared and saved by users. Although still in its early stages of development, Doppl expands upon Google Shoppings previous tryon tools and may occasionally provide inaccurate fit or detail information. At the moment, dresses, tops, and bottoms are supported, but shoes and accessories are not. Google intends to improve accuracy in response to user input. Read More..

B2B Tech News | 3 days ago      

Google Unveils Gemma 3n Multimodal AI That Runs Offline on Just 2GB RAM

Google has released Gemma 3n, a small, opensource AI model that can operate locally and offline on devices with as little as 2GB of RAM. Constructed u

Google has released Gemma 3n, a small, opensource AI model that can operate locally and offline on devices with as little as 2GB of RAM. Constructed using the MatFormer Matryoshka Transformer architecture, it generates text outputs in more than 140 languages and handles multimodal inputs, including text, graphics, audio, and video. There are two variations of the model E2B 5B parameters and E4B 8B parameters, which use PerLayer Embeddings PLE for elastic inference and optimised memory. Ideal for settings where privacy is a concern, Gemma 3n provides realtime applications like speechtotext, translation, and video analysis. Developers can use Google AI Studio, Kaggle, or Hugging Face to access it, and they can enter the Gemma 3n Impact Challenge to win a $150,000 prize fund. Read More..

B2B Tech News | 3 days ago      

World Bank Approves $1.5B Loan to Reboot South Africa’s Infrastructure and Economy

A $1.5 billion loan has been authorised by the World Bank for South Africa to promote a green energy transition and enhance its transport infrastructu

A $1.5 billion loan has been authorised by the World Bank for South Africa to promote a green energy transition and enhance its transport infrastructure. Due to inefficiencies and blackouts, vital industries including freight trains, ports, and electricity systems have long impeded economic progress. These sectors are the focus of the investment. The loan has advantageous terms that lower debtservicing expenses, such as a threeyear grace period. Amidst high unemployment and weak GDP estimates reduced to 1.4% for 2025, the South African government views this as a step towards inclusive growth and job creation. In line with a larger R1 trillion infrastructure plan, the investment shows the nations determination to combat corruption, enhance essential services, and stabilise its economy. Read More..

B2B Tech News | 15 days ago      

Ghana Approves $2.8B Debt Deal With 25 Nations to Unlock IMF Bailout Funds

In order to support its IMF bailout program and stabilise its economy, Ghanas parliament has passed a $2.8 billion debt restructuring agreement with 2

In order to support its IMF bailout program and stabilise its economy, Ghanas parliament has passed a $2.8 billion debt restructuring agreement with 25 creditor countries, including China, France, the United States, and the United Kingdom. The G20 Common Framework agreement postpones debt service payments that were due in December 2022 to December 2026, with repayments taking place in 2039–2023. Ghana has belowmarket borrowing costs thanks to interest rates that were set between 1% and 3%. The agreement comes after Ghana defaulted in 2022 and an IMF bailout of $3 billion was authorised in 2023. The measure was unanimously supported by lawmakers, who hailed it as essential to reestablishing macroeconomic stability. Afreximbank and other commercial creditors are continuing to work with Ghana in order to complete the larger restructuring process. Read More..

B2B Tech News | 15 days ago