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Israeli Tech Startups Struggle for Funding Amid Economic Turbulence

Israeli tech startups are struggling to secure funding due to a turbulent year marked by the collapse of a major startup lender, global economic conce

Israeli tech startups are struggling to secure funding due to a turbulent year marked by the collapse of a major startup lender, global economic concerns, and rising interest rates. This funding challenge is expected to persist for several months. The tech sector is a crucial component of Israels economy, employing 14% of the workforce and contributing 20% to the countrys $525 billion GDP in 2022. Israel, often referred to as "Silicon Wadi," is home to numerous startups, but investment in these ventures has been declining for seven consecutive quarters, even prior to recent events. Read More..

B2B Tech News | 1 years ago          

UK Governments AI Strategy Under Fire at Labour Party Conference

Labour tech ministers have criticized Rishi Sunaks handling of AI regulation, claiming its progressing too slowly and lacks clear priorities. They bel

Labour tech ministers have criticized Rishi Sunaks handling of AI regulation, claiming its progressing too slowly and lacks clear priorities. They believe the government is failing to support the tech sector in harnessing the potential of AI, despite the Prime Ministers promise to make the UK a global AI leader. They particularly pointed out the delays in the AI regulatory white papers release and issues with government AI consultations, which they say are harming both AI professionals and the UK economy. Read More..

B2B Tech News | 1 years ago          

Unauthorized Books Fuel Controversy in AI Model Training

Prominent tech firms are facing criticism for using unauthorized books to train AI models, causing backlash from authors and raising ethical concerns.

Prominent tech firms are facing criticism for using unauthorized books to train AI models, causing backlash from authors and raising ethical concerns. Nearly 200,000 books, part of a dataset known as "Books3," are being used for AI training. The dataset includes illicitly acquired ebooks, covering various genres. While some AI training uses online articles, premium texts like books are crucial for comprehensive language learning. Lawsuits are now targeting Meta and other companies utilizing Books3 for AI training. Read More..

B2B Tech News | 1 years ago          

Tech Giants Struggle to Turn AI Hype into Profit Amid Soaring Operational Costs

According to reports, major technology companies are grappling with the challenge of turning their AI ventures into profitable endeavors, despite the

According to reports, major technology companies are grappling with the challenge of turning their AI ventures into profitable endeavors, despite the enthusiastic response from consumers. The primary obstacle lies in the substantial operational costs associated with maintaining AI products. AI tools, particularly those yet to establish market durability, can prove costly to operate due to their reliance on powerful servers equipped with expensive, powerhungry chips. Unlike conventional software, AI requires specific algorithms to process each query, with the energy consumption varying based on the querys complexity. This results in substantial expenses, especially for highfrequency users. For instance, Microsoft faces losses with GitHub Copilot, an AI coding assistant, as it incurs a deficit of $20 per user per month, with some users costing as much as $80. Read More..

B2B Tech News | 1 years ago          

Vodafone Forges Ahead with Open RAN, Partnering with Intel for Custom Chipsets

Vodafone is emphasizing its commitment to Open RAN networks with a partnership with Intel to develop custom chipsets. The company recently achieved a

Vodafone is emphasizing its commitment to Open RAN networks with a partnership with Intel to develop custom chipsets. The company recently achieved a milestone by making its first 4G calls using Open RAN on shared network sites in Romania with Orange. Additionally, Vodafone is teaming up with Nokia to test Open RAN in Italy. Open RAN enables flexibility by allowing mobile operators to mix and match equipment from different suppliers. Vodafone and Intel will jointly create chipsets at their facility in Malaga, Spain. These chipsets will be available to smaller vendors for algorithm testing, reducing the financial burden. Read More..

B2B Tech News | 1 years ago          

Nokias new 6G lab in Bangalore accelerates future technology development

Nokia has launched an innovative 6G Lab at its Global R&D center in Bangalore, India, with the aim of accelerating the development of crucial technolo

Nokia has launched an innovative 6G Lab at its Global R&D center in Bangalore, India, with the aim of accelerating the development of crucial technologies driven by 6G. The labs virtual inauguration was led by Mr. Ashwini Vaishnaw, Indias Minister of Railways, Communications, Electronics & IT. Aligned with Indias Bharat 6G Vision supported by Prime Minister Narendra Modi, the lab functions as a collaborative platform for testing novel solutions. It focuses on pioneering Network as a Sensor technology, eliminating the need for dedicated sensors, facilitating a seamless blend of digital and physical realms. Nokias active involvement in global and regional 6G projects positions it as a leader in shaping the future of 6G technology. Read More..

B2B Tech News | 1 years ago          

Microsoft responds to Googles antispam measures with email authentication warning

Microsoft is advising senders who use Microsoft 365 email to authenticate their outgoing messages in response to stricter antispam rules set by Google

Microsoft is advising senders who use Microsoft 365 email to authenticate their outgoing messages in response to stricter antispam rules set by Google. Proper email authentication is crucial for domain owners to prevent their emails from being marked as spam by providers like Gmail, Yahoo, AOL, and Outlook.com. Failing to follow these new authentication standards may lead to email rejection or spam classification. Microsoft also suggests not using Microsoft 365 for bulk email sending and recommends onpremises servers or thirdparty providers for such purposes. This advice comes as a response to Googles guidelines for senders who send more than 5,000 emails daily to Gmail users. Read More..

B2B Tech News | 1 years ago          

EU and Japan Forge Tech Alliances to Secure Economic Future

According to Reuters, the European Union EU is taking a stringent approach to regulate emerging technology through its robust AI Act, while Japan is o

According to Reuters, the European Union EU is taking a stringent approach to regulate emerging technology through its robust AI Act, while Japan is opting for more flexible guidelines to stimulate economic growth. European Commission VicePresident Vera Jourova noted a sense of alignment between the EU and Japan in their approaches to generative artificial intelligence AI. The EU and Japan are strengthening their collaboration on various tech fronts, including AI, cybersecurity, and microchips, all considered vital for economic security. The Group of Seven G7 nations is in discussions to establish guidelines for generative AI, although a code of conduct for AIinvolved companies requires further refinement. 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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