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Foxconn and Nvidia Unite to Revolutionize AI Manufacturing

The biggest contract electronics producer in the world, Foxconn, is collaborating with Nvidia to build cuttingedge "AI factories." These facilities wi

The biggest contract electronics producer in the world, Foxconn, is collaborating with Nvidia to build cuttingedge "AI factories." These facilities will use Nvidia hardware and software for various purposes, such as autonomous vehicles. Both firms executives emphasised that they are foraying into intelligence manufacturing at Foxconns innovation display. These AI factories will be supported by Nvidias accelerated computing platform, which includes the GH200 super chip. Because of Nvidias crucial function in AI applications, its stock has increased dramatically. Foxconn, famous for producing iPhone parts, wants to achieve the same success with electric cars. Their collaboration with Nvidia includes platforms for driverless vehicles. Read More..

B2B Tech News | 1 years ago          

Meta Shifts Spotlight to AI, Llama Takes Center Stage

The last Meta Connect conference saw a focus change away from the metaverse and towards artificial intelligence AI, specifically the companys massive

The last Meta Connect conference saw a focus change away from the metaverse and towards artificial intelligence AI, specifically the companys massive language model Llama. Llama, seen as an opensource substitute for Googles PaLM and Microsofts GPT, is essential to Metas AI approach. Although determining Llamas market worth is difficult, doing so is necessary for luring top AI talent and streamlining the businesss AI operations. Despite offering Llama free of charge to developers, Meta hopes to get something in return through improved productivity and enhanced reputation. However, there is debate around the companys licencing strategy. Read More..

B2B Tech News | 1 years ago          

Amazon Targets South Africa with Online Shopping Expansion

By announcing plans to launch its online shopping platform in South Africa by 2024, tech giant Amazon AMZN.O has opened the door for competition with

By announcing plans to launch its online shopping platform in South Africa by 2024, tech giant Amazon AMZN.O has opened the door for competition with TakeAlot, the market leader owned by Naspers NPNJn.J. Amazon has started the process of registering independent merchants on its marketplace website, which is an intelligent step given the country of South Africas explosive growth in online purchasing due to the pandemics impact. According to Robert Koen, General Manager of Amazons SubSaharan Africa area, this expansion intends to give local vendors and brand owners options for success on the Amazon platform. Read More..

B2B Tech News | 1 years ago          

Baidu Unveils Ernie 4.0 A GPT4 Contender

The latest version of its generative AI model, Ernie 4.0, has been presented by Chinese tech giant Baidu, which claims it competes with OpenAIs GPT4.

The latest version of its generative AI model, Ernie 4.0, has been presented by Chinese tech giant Baidu, which claims it competes with OpenAIs GPT4. CEO Robin Li demonstrated realtime novel writing, poster production, and movie creation to highlight Ernie 4.0s memory capabilities. Analysts said the debut was less impressive than its predecessor, though. 1.32% less people purchased Baidu stock in Hong Kong. Incorporating generative AI into Baidu products like Baidu Drive and Baidu Maps, which streamlines user interactions, was one of the notable announcements. Since its debut in March, Baidu has been at Chinas vanguard of AI models. ErnieBot now counts 45 million users. Read More..

B2B Tech News | 1 years ago          

Tether Takes Swift Action on Crypto Wallets in Terrorism Probe

Due to their alleged involvement in "terrorism and warfare" in Israel and Ukraine, Tether, a significant cryptocurrency issuer, has frozen 32 cryptocu

Due to their alleged involvement in "terrorism and warfare" in Israel and Ukraine, Tether, a significant cryptocurrency issuer, has frozen 32 cryptocurrency wallet addresses totalling $873,118. After an attack in October 2022, Israeli authorities froze cryptocurrency accounts for donations to Hamas, prompting the companys response. On March 16, 2023, Tether froze accounts tied to Israel on June 16, 2021, it froze accounts related to Ukraine. TRM Labs, a blockchain research organisation in the US that collaborates with law enforcement, had identified Tethers use in financing terrorism. Tether declared its dedication to working with international law enforcement to fight terrorism fueled by cryptocurrencies. The activities nature and wallet owners are still unknown. Read More..

B2B Tech News | 1 years ago          

South Africas Economic Recovery Hinges on Private Investment in Logistics

The South African government plans to address the significant economic losses caused by the staterun ports and freightrail sector by involving the pri

The South African government plans to address the significant economic losses caused by the staterun ports and freightrail sector by involving the private sector. The proposal, outlined in a 124page document, includes establishing port and rail regulators, allowing private companies access to rail lines, and privatizing the operation of ports and rail routes, even for coal and ironore exports. This shift reflects a change in the African National Congresss approach, moving away from stateled economic growth and turning to the private sector for solutions. The urgency of this shift is highlighted by declining volumes in rail transportation and inefficient container ports in the country. Read More..

B2B Tech News | 1 years ago          

Australias Northern Territory to Sign MoU with Kerala for Trade and Collaboration

Nicole Manison, Deputy Chief Minister of Australias Northern Territory NT Government, has expressed a desire to establish strong partnerships with Ker

Nicole Manison, Deputy Chief Minister of Australias Northern Territory NT Government, has expressed a desire to establish strong partnerships with Kerala. During her visit to Kerala with a business delegation, she announced the intention to sign a memorandum of understanding MoU to collaborate on trade and various sectors. Manison highlighted opportunities in the healthcare sector in the NT and commended Kerala for its skilled healthcare professionals and workforce. The visit aims to promote investment and identify priority sectors for mutual growth. Read More..

B2B Tech News | 1 years ago          

UK Competition Watchdog Approves Microsofts Activision Blizzard Takeover

The UKs top competition watchdog has approved Microsofts $69 billion acquisition of gaming company Activision Blizzard, marking the last major hurdle

The UKs top competition watchdog has approved Microsofts $69 billion acquisition of gaming company Activision Blizzard, marking the last major hurdle for the deal. However, the approval comes with a condition that Microsoft wont have cloud gaming rights to prevent monopolizing the emerging cloud gaming market. This decision is a significant change from the Competition and Markets Authoritys previous stance, which initially blocked the deal due to concerns about stifling competition in cloud gaming. Microsofts acquisition of Activision has faced regulatory challenges in the U.S., Europe, and the UK, and they offered concessions, including divesting cloud rights to Ubisoft Entertainment, to address these concerns. 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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