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RBI Proposes Digital Payments Intelligence Platform to Tackle Fraud Risks

The RBI has suggested creating a Digital Payments Intelligence Platform to reduce the risk of payment fraud in India. A group headed by Shri A.P. Hota

The RBI has suggested creating a Digital Payments Intelligence Platform to reduce the risk of payment fraud in India. A group headed by Shri A.P. Hota has been tasked with reviewing the platforms execution, and it is anticipated that the committee will provide suggestions in two months. The platform will use cuttingedge technologies to improve the detection and prevention of digital payment fraud. The RBI has implemented several initiatives to preserve public trust in digital payment systems. The platform will enable realtime data exchange across all payment systems and networklevel intelligence to combat payment fraud. Read More..

B2B Tech News | 1 years ago          

Google to Shift Maps Timeline Data Storage to Local Devices by December 2024

According to a recent statement from Google, starting on December 1, 2024, Maps Timeline data storage will move from users Google accounts to local de

According to a recent statement from Google, starting on December 1, 2024, Maps Timeline data storage will move from users Google accounts to local devices. Updates to autodelete options accompany this action, which decreased Location History retention to three months. It was initially announced in December 2023. Timelines migration to smartphones removes online access even though it helps users monitor their trips and locations visited. Users are prompted to activate backups for encrypted Timeline data storage on Google servers by the upgrade, which is gradually rolled out on the Maps app. These changes come from legal scrutiny around Googles location monitoring policies. The corporation has settled with US states and nonprofits while still being sued, indicating a calculated reaction to privacy concerns. Read More..

B2B Tech News | 1 years ago          

Mistral Unveils New AI Model Customization Options for Developers and Enterprises

Mistral, a French AI firm, is introducing additional choices for customising its generative models, including subscription plans, to allow developers

Mistral, a French AI firm, is introducing additional choices for customising its generative models, including subscription plans, to allow developers and businesses to optimise them for specific use cases. Selfservice finetuning across many computing platforms is possible with MistralFinetune, an SDK designed for multiGPU configurations. With plans to support additional models in the future, Mistral also provides managed finetuning services via its API, supporting models such as Mistral Small and Mistral 7B. Custom training services allow organisations to finetune any Mistral model with their data, producing highly specialised and optimised models for specific domains. These services are presently accessible to a limited number of clients. Mistral is expanding to exploit the increasing market rivalry and the growing need for customisable AI solutions. Read More..

B2B Tech News | 1 years ago          

Meta Launches AIPowered Ad Targeting on WhatsApp, Announced by Zuckerberg in Brazil

The CEO of Meta META.O, Mark Zuckerberg, revealed during a conference in Brazil the launch of the companys first AIdriven ad targeting programme for c

The CEO of Meta META.O, Mark Zuckerberg, revealed during a conference in Brazil the launch of the companys first AIdriven ad targeting programme for companies on WhatsApp. This is a significant change for WhatsApp, which is renowned for its privacyfirst philosophy. The new tools will tailor communications to clients with the same optedin phone number across accounts using user behaviour on Facebook and Instagram. Head of WhatsApps strategic markets, Guilherme Horn, emphasised the value of these technologies in maximising ad delivery and engagement. Furthermore, Meta improved WhatsApps payment capabilities by integrating Brazils PIX payment mechanism and launching an AI chatbot for business concerns. Despite its enormous user base, this strategy intends to enhance WhatsApps financial contribution to Meta. Read More..

B2B Tech News | 1 years ago          

Salesforce Establishes First AI Center in London for Collaborative Innovation

Salesforces first AI centre will be located in London. It will create a collaborative environment for customers, developers, and industry experts to e

Salesforces first AI centre will be located in London. It will create a collaborative environment for customers, developers, and industry experts to experiment and learn new skills. This programme is a component of Salesforces proposed $4 billion, fiveyear investment in the UK, focusing on AI innovation. The CEO of Salesforce UK and Ireland, Zahra Bahrololoumi, stressed the value of trust in adopting AI during the yearly London World Tour event. A "Trust Layer" is included in Salesforces Einstein technology to guarantee data protection. Bahrololoumi emphasised Salesforces dedication to ensuring AI stays a positive force while assisting clients in reaping its benefits. Read More..

B2B Tech News | 1 years ago          

Google Launches "Google for Startups AI Academy American Infrastructure" Program

Google declared the opening of its "Google for Startups AI Academy American Infrastructure," a programme designed to introduce artificial intelligence

Google declared the opening of its "Google for Startups AI Academy American Infrastructure," a programme designed to introduce artificial intelligence to government agencies. Startups in the equityfree programme will have access to Googles AI tools, receive indepth instruction from AI specialists, and participate in advanced workshops over 12weeks. Googles People + AI Research PAIR team is responsible for creating the curriculum, including energy, agriculture, public safety, healthcare, telecommunications, transportation, and urban development topics. Graduates will be a part of an alum network that comprises businesses that monitor air pollution, decarbonise real estate, and decrease traffic deaths, respectively JustAir, Cambio, and Sensagrate. Google is accepting applications until June 17 and looking for entrepreneurs tackling efficiency and problemsolving across various industries. Read More..

B2B Tech News | 1 years ago          

Onsemi Unveils Silicon Carbide Chips to Enhance Energy Efficiency in AI Data Centers

Using technology first created for electric vehicles, Onsemi has unveiled a new line of chips intended to improve energy efficiency in data centres po

Using technology first created for electric vehicles, Onsemi has unveiled a new line of chips intended to improve energy efficiency in data centres powering AI applications. The material used to make these chips is silicon carbide, which has a higher production cost than regular silicon but a very high power conversion efficiency. This technology has been widely incorporated to increase the range of electric cars. The president of Onsemis power solutions business, Simon Keeton, emphasised that during several conversion phases, data centres often waste 12% of their electricity as heat. Onsemis chips aim to cut these losses by 1%. With the enormous power requirements predicted for AI data centres, this decrease might result in yearly electricity savings equivalent to powering a million homes. Read More..

B2B Tech News | 1 years ago          

SAP Unveils Generative AI Solutions and Strategic Alliances at SAP Sapphire Conference

SAP unveiled innovative generative AI solutions and strategic alliances at the SAP Sapphire conference to improve company operations in the AI era. CE

SAP unveiled innovative generative AI solutions and strategic alliances at the SAP Sapphire conference to improve company operations in the AI era. CEO Christian Klein underlined how these developments will revolutionise international commerce. With its integration throughout its corporate cloud offering, SAPs Business AI offers users improved insights and problemsolving skills. Two notable developments are predictive forecasting in SAP Sales Cloud and AIgenerated reporting in SAP SuccessFactors. Automation and decisionmaking are improved by SAPs generative AI copilot, Joule, which is now linked with Microsoft Copilot. Additionally, SAP announced collaborations to improve generative AI applications with AWS, Google Cloud, NVIDIA, Meta, and Mistral AI. These partnerships seek to strengthen SAPs AI capabilities, produce tailored insights, and improve supplychain management. SAPs initiatives also focus on sustainability, offering tools to track and manage carbon footprints effectively. Read More..

B2B Tech News | 1 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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