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Caution in China Baidu CEO Robin Li Raises Concerns on AI Model Development

The CEO of Baidu, Robin Li, has cautioned against Chinas unrestrained creation of huge language models, stating that it would result in resource waste

The CEO of Baidu, Robin Li, has cautioned against Chinas unrestrained creation of huge language models, stating that it would result in resource waste. Speaking at an event for the sector, Li stressed the value of concentrating on practical applications instead of continuously reconstructing massive, basic models. He saw a pattern in which Chinese enterprises and sectors invested significantly in hardware and data centres to train huge, proprietary models. Li pointed out that although huge models are widely used, only some AI applications are based on these models. To prevent needless repetition, he recommended developers base their creation of various native apps on a fixed number of significant models. Read More..

B2B Tech News | 1 years ago          

Chipping In Synopsys and Microsofts AI Collaboration for NextGen Chip Design

Leading chip design software vendor Synopsys has partnered with Microsoft to create its own "Copilot" version that helps with chip design. The perfect

Leading chip design software vendor Synopsys has partnered with Microsoft to create its own "Copilot" version that helps with chip design. The perfect placement of billions of transistors on a tiny silicon surface is a complex undertaking that takes years and hundreds of millions of dollars to complete chip design. Synopsys trained Microsofts Azure OpenAI system on a large amount of data in order to improve chip design accuracy. With the goal of addressing problems early in the design process and lowering the cost of repairing problems later on, Microsoft has tested the Synopsys system with its chip design teams. Read More..

B2B Tech News | 1 years ago          

BiBiLinux Wiper Unleashed ProHamas Hackers Escalate Cyber Warfare Against Israel

ProHamas hackers are targeting Israeli organisations with hacks using a new wiper malware called BiBiLinux Wiper. On infected Linux systems, SecurityJ

ProHamas hackers are targeting Israeli organisations with hacks using a new wiper malware called BiBiLinux Wiper. On infected Linux systems, SecurityJoes, an Israeli incident response firm, found the virus. The wiper has a Windows counterpart known as BiBiWindows Wiper, and also targets Linux computers, resulting in permanent data loss. The name of the ransomware alludes to Israeli Prime Minister Benjamin Netanyahu and implies the involvement of a hacktivist organisation. No ransom demands are made, suggesting that confusion and devastation are the intended goals. The wider IsraelHamas conflict is reflected in the cyberwarfare, which is intensifying tensions by deploying and developing malware quickly. Read More..

B2B Tech News | 1 years ago          

Micron Faces Patent Lawsuit from YMTC

Yangtze Memory Technologies YMTC, a Chinese chipmaker, has sued Micron Technology, a competing company based in the United States, claiming that eight

Yangtze Memory Technologies YMTC, a Chinese chipmaker, has sued Micron Technology, a competing company based in the United States, claiming that eight of its patents about the creation, production, and use of 3D NAND technology have been violated. YMTC claims that Micron gained market dominance and repelled competitors by using its proprietary technologies, all without paying a fair portion for the ideas. A significant participant in the semiconductor business, Micron has encountered several difficulties in China, such as a disagreement with the governmentbacked chipmaker Fujian Jinhua and tighter regulations on the transfer of chipmaking technology to the country due to security concerns. Read More..

B2B Tech News | 1 years ago          

‘Johnson Controls’ Faces Reporting Delay Amid Cybersecurity Attack Fallout

The provider of building solutions Johnson Controls has issued a warning that a cybersecurity attack that happened on September 23 may cause a delay i

The provider of building solutions Johnson Controls has issued a warning that a cybersecurity attack that happened on September 23 may cause a delay in the companys publication of its fourthquarter results. The problem involves a thirdparty ransomware attack and unauthorised access. By December 14, Johnson Controls hopes to release its fourthquarter and yearend financial statements. According to the corporation, certain of its systems that support or provide data needed in financial reporting experienced difficulties as a result of the cybersecurity attack. The issue has caused a delay in the reporting process even though it has mostly restored the affected systems and applications. Read More..

B2B Tech News | 1 years ago          

Googles Russian Rumble $164K Fine Over Data Storage Snub

A Moscow court penalised Google 15 million roubles $164,000 for its repeated refusal to store user data from Russians on Russian servers. Pressure was

A Moscow court penalised Google 15 million roubles $164,000 for its repeated refusal to store user data from Russians on Russian servers. Pressure was put on the internet giants Russian business for failing to remove information that Moscow deemed unlawful and for limiting access to specific Russian media on YouTube. In 2022, Googles Russian division declared bankruptcy as a result of the government seizing its bank account, which prevented it from paying employees and suppliers. Googles search engine and YouTube platform are still operational, despite the ongoing tensions between Russia and Western internet giants. The Kremlin has not stopped access to Googles services. Regarding the fine, Google has not responded. Read More..

B2B Tech News | 1 years ago          

Market Transformation Electric Trucks Prevail Over Hydrogen in Europe

Electric trucks are taking over hydrogenpowered heavy lorries in Europe, as seen in the operations of Norways Asko. Asko tested four hydrogen trucks f

Electric trucks are taking over hydrogenpowered heavy lorries in Europe, as seen in the operations of Norways Asko. Asko tested four hydrogen trucks from Scania in 2020 near Trondheim but theyre not frequently used due to the rise of electric trucks for short deliveries. This shift marks a change in the division of roles between hydrogen and electric vehicles in decarbonization. The EUs push for emissions reduction drives electric trucks, expected to hold an 85% market share by 2030. Advancements in electric truck technology and cost efficiencies steer the focus away from hydrogen trucks, although they might be preferable in remote areas or for uninterrupted operations. This transition indicates a transformative era favoring electric trucks, reducing hydrogen lorries to specific niche roles. Read More..

B2B Tech News | 1 years ago          

Tech Challenges Put 5 Million Individuals at Risk in Aussie Nonprofit Sector

Australias notforprofit sector, employing 1.4 million and engaging 3.2 million volunteers, generates AUD $190 billion to support critical causes. Howe

Australias notforprofit sector, employing 1.4 million and engaging 3.2 million volunteers, generates AUD $190 billion to support critical causes. However, research from Infoxchange highlights the sectors struggle to meet modern IT security standards, risking nearly five million individuals and hindering addressing societal issues. The Digital Technology in the NotForProfit Sector report, based on a survey of over 1,000 organizations, underscores their awareness of digital advancement. Around 45% have shifted most IT to the cloud, while 38% focus on improving websites and 32% on enhancing digital marketing. Despite their vital role, these entities lack adequate support for combating cyber threats, constrained by limited resources directed mainly toward community service. Strengthening cybersecurity would demand redirecting funds from essential community services, a difficult tradeoff for these organizations. Read More..

B2B Tech News | 1 years 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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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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