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Cisco Launches $1 Billion AI Startup Fund Targeting Cohere, Mistral AI, and Scale AI

Cisco established a $1 billion fund for AI firms, including Scale AI, Mistral AI, and Cohere. Nearly $200 million has already been contributed to the

Cisco established a $1 billion fund for AI firms, including Scale AI, Mistral AI, and Cohere. Nearly $200 million has already been contributed to the Cisco fund. Cohere and Mistral AI are vying for $5 billion, while Scale AI is valued at around $14 billion. This action aligns with other significant behemoths like Microsoft, Meta, and Amazon, which have all invested significantly in AI companies after the AI boom sparked by OpenAIs ChatGPT. To incorporate generative AI and machine learning throughout its portfolio, Cisco has undertaken more than 20 AIfocused acquisitions and investments over the years. Read More..

B2B Tech News | 1 months ago          

Trend Micro Launches Trend Vision One – Sovereign and Private Cloud Solution with NVIDIA Technology

Trend Micro Incorporated is introducing Trend Vision OneTM Sovereign and Private Cloud SPC. This stateoftheart data centre solution uses NVIDIA techn

Trend Micro Incorporated is introducing Trend Vision OneTM Sovereign and Private Cloud SPC. This stateoftheart data centre solution uses NVIDIA technology for improved security. The approach speeds up the implementation of generative AI in various settings, including sovereign private clouds, by integrating with NVIDIA NIM, an NVIDIA AI Enterprise software platform component. By addressing the changing requirements of public and private sector entities, this innovation helps them use AIs potential while upholding security and legal requirements. Trends solution guarantees effective threat detection and response capabilities without sacrificing speed by utilising NVIDIA NIM optimised AI inferencing microservices, which makes it perfect for contemporary data centres Read More..

B2B Tech News | 1 months ago          

Microsoft Faces Privacy Complaints Over 365 Education Suite in Austria

Regarding Microsofts 365 Education package, privacy advocacy organisation NOYB filed two complaints against the company with the Austrian privacy auth

Regarding Microsofts 365 Education package, privacy advocacy organisation NOYB filed two complaints against the company with the Austrian privacy authorities. According to the first complaint, Microsoft unfairly assigns schools that lack the requisite data monitoring skills to their GDPR data controller duties. According to NOYB, this structure needs to be more practical and absolve parties of responsibility for childrens data. The second grievance relates to Microsofts alleged usage of cookies in 365 Education, which follows users without regard to age and may impact hundreds of thousands of students in the EU and EEA. Because of these purported GDPR infractions, NOYB has demanded that Microsoft face an inquiry and penalties. Read More..

B2B Tech News | 1 months ago          

Gathr Data Partners with Databricks to Unify Data, Analytics, and AI

To bring data, analytics, and AI together, Gathr Data has teamed up with Databricks. Customers of Gathr may now take advantage of Databricks strong da

To bring data, analytics, and AI together, Gathr Data has teamed up with Databricks. Customers of Gathr may now take advantage of Databricks strong data governance and highperformance computing capabilities thanks to this partnership. Managing ETL applications and clusters, feeding highquality data into Databricks Delta Lake, designing interactive pipelines with the Databricks engine, and integrating with Databricks Unity Catalogue to enhance data governance and accessibility are some of the key features. Furthermore, the cooperation delivers GathrIQ Copilot, which provides natural language support in data engineering and analytics and combines the flexibility of PySpark with Gathrs nocode ETL capabilities. This strategic partnership aims to increase output, optimise processes, and help businesses realise the total value of their data assets. Read More..

B2B Tech News | 1 months ago          

Indian Government and Military Under Siege from Pakistani APT Groups Amid Elections

Indias cybersecurity environment is becoming more hostile, as seen by a rapid increase in ransomware and cyberattacks in various industries. The Data

Indias cybersecurity environment is becoming more hostile, as seen by a rapid increase in ransomware and cyberattacks in various industries. The Data Security Council of India DSCI and Seqrite recently released a paper that emphasises the increasing threat and complexity of these assaults. Remarkably, ransomware outbreaks are connected to one out of every 650 security detections. Pakistani Advanced Persistent Threat APT organisations, such as SideCopy and APT36, are stepping up their operations against Indian military and government targets, particularly during election season. Over 2,900 disruptive assaults, including DDoS and hacktivist group database dumps, were recorded in the first quarter of 2024. Organisations must use proactive monitoring and attack detection to lessen these risks and cut incident expenses. Read More..

B2B Tech News | 1 months ago          

Microsoft to Invest $3.2 Billion in Sweden for Cloud and AI Infrastructure Expansion

Over the next two years, Microsoft will invest 33.7 billion Swedish crowns $3.2 billion to build its cloud and AI infrastructure in Sweden. This inves

Over the next two years, Microsoft will invest 33.7 billion Swedish crowns $3.2 billion to build its cloud and AI infrastructure in Sweden. This investment is part of a more significant trend wherein businesses such as Microsoft and Amazon Web Services are building data centres in Europe due to the growing popularity of generative AI. Microsoft plans to utilise Nvidia processors and 20,000 sophisticated GPUs in Swedish data centre locations. In the future, it may also use AMD and its chips. Microsoft, dedicated to accelerating the adoption of AI in the Nordic area, has invested in around 1,000 MW of renewable energy in Sweden and intends to teach 250,000 Swedes about AI over three years. Read More..

B2B Tech News | 1 months ago          

RedTail Malware Targets New Palo Alto Networks Firewall Vulnerability

A newly discovered Palo Alto Networks firewall vulnerability CVE20243400 has been added to the RedTail cryptocurrency mining malwares exploitation ars

A newly discovered Palo Alto Networks firewall vulnerability CVE20243400 has been added to the RedTail cryptocurrency mining malwares exploitation arsenal. With a CVSS score of 10.0, this vulnerability gives an unauthorised attacker the ability to run any code with root capabilities. RedTail has been updated, according to security researchers at Akamai. These upgrades include using private cryptomining pools for more control and sophisticated antianalysis mechanisms. RedTails method of infection entails using these and other known vulnerabilities, including those in ThinkPHP, TPLink routers, Ivanti Connect Secure, and VMware Workspace ONE Access. RedTail, first reported in January 2024, has developed since then and currently includes sophisticated evasion techniques and encrypted mining setups. RedTails sophistication raises the possibility of nationstate sponsorship it may be connected to organisations such as North Koreas Lazarus Group. Read More..

B2B Tech News | 1 months ago          

Singapore Unveils Roadmap for Green Data Centers Amid AI Demand Surge

Singapore is developing green data centres in response to AIs growing energy requirements. The citystate unveiled a strategy to help achieve its goals

Singapore is developing green data centres in response to AIs growing energy requirements. The citystate unveiled a strategy to help achieve its goals for the digital economy, aiming to build at least 300 megawatts of capacity through renewable energy sources. Senior Minister Janil Puthucheary emphasised that more capacity is required as demand for AI computation increases. The strategy calls for increasing resource efficiency through incentives, implementing energyefficient IT equipment, and improving energy efficiency. 82% of Singapores emissions from the ICT industry and 7% of the countrys overall power usage are attributed to data centres. With more than 70 centres servicing cloud platforms and AI workloads, Singapore is home to Southeast Asias secondlargest data centre industry. Governments and corporations like Microsoft and Google are investing in sustainable energy to meet these needs. Read More..

B2B Tech News | 1 months ago          



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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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