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Amazon Unveils AI Assistant "Rufus" to Enhance Product Recommendations

Rufus, an artificial intelligence assistant from Amazon, helps people choose things that suit their needs. Amazon says Rufus will help customers find

Rufus, an artificial intelligence assistant from Amazon, helps people choose things that suit their needs. Amazon says Rufus will help customers find the most significant things. Still, others point out that the corporation has a history of pushing customers towards goods that profit Amazon. Amazon disputes allegations made by the Federal Trade Commission FTC that it runs a "paytoplay" scheme and skews search results. Analysts speculate that, with Amazons substantial advertising income, Rufus may someday include sponsored results. In Q4 2023, the companys ad sales increased by 27% to $14.7 billion. According to sources, Rufus is not influenced by advertising and is first intended to foster trust with people. Read More..

B2B Tech News | 1 years ago          

U.S. Commerce Secretary Plans Funding Awards for Semiconductor Manufacturing

Within the next two months, U.S. Commerce Secretary Gina Raimondo expects to award many grants from the governments $39 billion initiative to increase

Within the next two months, U.S. Commerce Secretary Gina Raimondo expects to award many grants from the governments $39 billion initiative to increase semiconductor production. The semiconductor fund supports building factories and expanding production capacity by providing subsidies for the fabrication of chips and other supply chain investments. Raimondo said these are newgeneration investments, including size, scale, and complexity never seen previously in the United States, highlighting the complexity and scale of the facilities proposed by businesses like TSMC, Samsung, and Intel. The "Chips for America" programme is anticipated to announce multibilliondollar semiconductor financing grants in the upcoming year, totalling around twelve. Raimondo highlighted the bright future for the semiconductor industry, with artificial intelligence playing a significant role. Read More..

B2B Tech News | 1 years ago          

Microsoft Collaborates with Semafor and News Organizations on Responsible AI Use

Microsoft has partnered with news organisations and media platform Semafor to work together on generative AIs ethical and responsible application in c

Microsoft has partnered with news organisations and media platform Semafor to work together on generative AIs ethical and responsible application in content creation. The partnership seeks to assist these organisations in identifying and improving protocols and guidelines for the ethical application of artificial intelligence in news reporting and commercial operations. As part of the partnership, Semafor is introducing "Signals," a breaking news feed that journalists may utilise to give readers analysis and insights on breaking news topics with OpenAI and Microsoft capabilities. Microsoft is also investigating methods to integrate generative AI into their work and newsrooms in collaboration with other news organisations, such as the Craig Newmark Graduate School of Journalism, the Online News Association, and the GroundTruth Project. Read More..

B2B Tech News | 1 years ago          

Raizen and BYD Collaborate to Set Up 600 EV Charging Stations in Brazil

Chinese manufacturer BYD and Brazilian sugar and ethanol business Raizen are working to build a 600EV charging station network across eight Brazilian

Chinese manufacturer BYD and Brazilian sugar and ethanol business Raizen are working to build a 600EV charging station network across eight Brazilian towns. The project intends to satisfy the Brazilian markets increasing need for charging infrastructure. Shell Recharge will deploy charging stations in Rio de Janeiro and São Paulo over the next three years. With its subsidiary Raizen Power, Raizen aims to capture a quarter of the market for EV charging stations. Brazil had a 91% increase in EV sales in 2023, totalling over 94,000 units. Read More..

B2B Tech News | 1 years ago          

IranLinked Hacking Group, Homeland Justice, Claims Cyberattack on Albanias Institute of Statistics INSTAT

An organisation known as Homeland Justice, which has ties to Iran, has taken credit for a cyberattack that took down the official website and email se

An organisation known as Homeland Justice, which has ties to Iran, has taken credit for a cyberattack that took down the official website and email service of Albanias Institute of Statistics INSTAT. The event caused INSTAT to delay the publishing of official figures. The gang claims to have accessed over 100 gigabytes of demographic and geographic information from Albania. Still, the institution said that current census data was not impacted. Homeland Justice has a history of going against corporations and public institutions in Albania. Prior Iranian cyberattacks in Albania targeted computer systems used by the national police, telecom corporations, and the parliament. Scholars surmise that Homeland Justice is probably an Iranian organisation under official sponsorship that does psychological warfare. Read More..

B2B Tech News | 1 years ago          

Vision Pro Blends 3D Digital Content with the Real World

With a $3,500 price tag, Apples Vision Pro headset integrates threedimensional digital information with the physical environment. Positioned as a repl

With a $3,500 price tag, Apples Vision Pro headset integrates threedimensional digital information with the physical environment. Positioned as a replacement for the Mac and conventional television, the gadget must compete with less expensive rivals like Meta and HTC. With its sophisticated displays and specialised CPU processors, it poses a challenge to huge twodimensional panels. A noteworthy partnership with Disney produced the Disney+ app, which provides immersive experiences for wellknown films. Although its high cost would prevent consumers from using it initially, it might be helpful in corporate environments and may become a new computer platform. Read More..

B2B Tech News | 1 years ago          

Securities Lending Platform, Next Generation Trading, Affected

Following an outage caused by unauthorised access to its systems, the fintech company EquiLend has restored several services, including trading and po

Following an outage caused by unauthorised access to its systems, the fintech company EquiLend has restored several services, including trading and posttrade solutions, more than a week later. With its securities lending technology, Next Generation Trading, EquiLend manages over $2.4 trillion in monthly transactions, making it a significant player in the Wall Street securities lending market. The business, partially controlled by wellknown Wall Street firms including BlackRock, J.P. Morgan, Goldman Sachs, and Bank of America Merrill Lynch, revealed the illegal access in late January, which led to a temporary suspension. Market participants had to process transactions manually due to the latest attack, but services are now progressively being restored. Read More..

B2B Tech News | 1 years ago          

EU Countries Give Endorsement to Rules Governing Artificial Intelligence

The European Union is getting closer to enacting legislation after member states approved models like Microsofts ChatGPT, which governed the use of Ar

The European Union is getting closer to enacting legislation after member states approved models like Microsofts ChatGPT, which governed the use of Artificial Intelligence AI. The European Commissions proposed regulations seek to address issues with AI for military, criminal, and security applications and establish international standards for the technology across a range of businesses. The support of the EU nations follows the conclusion of political negotiations in December. On February 13, a significant committee of EU parliamentarians is anticipated to vote on the guidelines the European Parliament vote will occur in March or April. 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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