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The $95M financing at AI pharma company Insilico is powered by Aramcos Prosperity7

Insilico has raised $35 million on the heels of its last tranche in June. Prosperity7, the venture capital arm of Saudi Arabias state oil company Aram

Insilico has raised $35 million on the heels of its last tranche in June. Prosperity7, the venture capital arm of Saudi Arabias state oil company Aramco, led the investment. The new round was oversubscribed, CEO Alex Zhavoronkov told TechCrunch. The firms R&D and drug discovery operations are largely done in China, with manufacturing in the U.S.The firm uses machine learning to identify potential drug targets and eventually create the drug. Other investors include Warburg Pincus, B Capital Group, and other financial and strategic investors. The firms new dualCEO structure allows it to focus on both its drug discovery and AI platform. Read More..

B2B Tech News | 2 years ago          

Reddit introduces a new cryptocurrency payment method with Community Points

The Reddit Community Score is a measure of your reputation within the community of users. The platform works with the popular FTX cryptocurrency excha

The Reddit Community Score is a measure of your reputation within the community of users. The platform works with the popular FTX cryptocurrency exchange to unlock new benefits of working with cryptocurrencies. Community Points allow you to create special memberships in your community that can be purchased by users who have points.Users will also be able to embed GIFs, add animated Emojis, and run weighted polls.The more points someone earns, the more weight their vote carries, according to the company behind the project, FTX. Community Points can also be sent to any Redditor with a crypto Vault, or Reddit user with a Reddit address. Read More..

B2B Tech News | 2 years ago          

Surface mount technology SMT equipment market 20282022

Surface Mount Technology is a method of manufacturing electronic circuits in which components are mounted or placed directly on the surface of a print

Surface Mount Technology is a method of manufacturing electronic circuits in which components are mounted or placed directly on the surface of a printed circuit board. An electronic device made in this way is called a Surface Mount Device . The global surface mount SMT equipment market was valued at USD 6,597.95 million in 2021 and is expected to reach USD 9,219.80 million in 2028, exhibiting a CAGR of 4.90% during the forecast period. Read More..

B2B Tech News | 2 years ago          

Vinteum has started funding Bitcoin developers in Brazil and Latin America

Vinteum, a nonprofit organization dedicated to Bitcoin research and development, educates and funds open source developers for the Bitcoin ecosystem i

Vinteum, a nonprofit organization dedicated to Bitcoin research and development, educates and funds open source developers for the Bitcoin ecosystem in Brazil. The group plans to expand into Latin America and eventually fund development globally. It is up to individuals, companies and even regions to create funding and training for Bitcoin developers to promote the decentralization of Bitcoin development. Vinteum is a nonprofit organization that aims to connect more developers to Bitcoin and Lightning. The Chaincode Labs workshop curriculum is translated into Portuguese to allow Brazilian Bitcoin developers to communicate within the collective. The first Bitcoin Core developer will be Bruno Garcia, who also developed Bitcoin Core. Andre Neves, CEO of ZEBEDEE, a Bitcoinonly and payment infrastructure Lightning company, has joined the team as a cofounder. Read More..

B2B Tech News | 2 years ago          

The global market for agricultural variable rate technology will expand at a 16% CAGR through 2026

The global agricultural variable rate technology market is expected to grow from $3.47 billion in 2021 to $6.25 billion in 2026 at a CAGR of 15.8%. In

The global agricultural variable rate technology market is expected to grow from $3.47 billion in 2021 to $6.25 billion in 2026 at a CAGR of 15.8%. Increasing government expenditures and policymaking in the agricultural sector are driving the growth of the market. The agricultural data is gathered by sensors, maps, and GPS. These technologies are utilized to spray fertilizers and chemicals and to plant seeds. The global agricultural variable rate technology market is segmented into North America, South America, AsiaPacific, Eastern Europe, Western Europe, Middle East, as well as Africa. Among these regions, North America accounts for the biggest share. TBRCs Agricultural Variable Rate Technology Global Market Report 2022 includes information on the following Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies. Read More..

B2B Tech News | 2 years ago          

How Business Schools Teach Online MBAs About Artificial Intelligence And Virtual Reality

Business schools are increasingly relying on edtex for online MBA education. EdTech refers to the use of hardware or software to supplement the learni

Business schools are increasingly relying on edtex for online MBA education. EdTech refers to the use of hardware or software to supplement the learning process. The most obvious and acceptable example was the transition from classes to virtual learning at the beginning of the Covid pandemic. By the end of 2021, 75 percent of business schools will use virtual classrooms. INSEAD, one of the worlds leading business schools, has recently invested heavily in virtual reality to support education. Birmingham Business School also plans to incorporate VR into its online distance MBA degrees and other distance learning programs. Business schools increasingly emphasize personalization as part of the student experience. Artificial intelligence can be used to support this and provide students with personalized learning recommendations. Read More..

B2B Tech News | 2 years ago          

Wipro launches Wipro Shelde Australia to enhance cyber security capabilities

Wipro Limited, a leading technology services and consulting firm, has announced the launch of Wipro Shelde Australia, a sovereign cyber security produ

Wipro Limited, a leading technology services and consulting firm, has announced the launch of Wipro Shelde Australia, a sovereign cyber security product that helps the Australian government and key infrastructure sectors navigate the cyber threat landscape. Wipro acquired Ampion in 2021 and merged the two companies Shielde and Revolution IT into Wipro, giving you access to Australias cyber security, DevOps and engineering capabilities. Wipros Cyber ​​Security and Risk Services CRS enables global enterprises to increase business resilience through a comprehensive approach to risk management, and Everest Group will be the first IT PEAK Matrix® Managed Security Services MSS provider to will be released in 2021. Recognized as a leader. This year, Wipro celebrated its 21st anniversary in Australia. Recognized by the Best Employers Institute as Australias Best Employer for the third consecutive year, Wipro is committed to developing the next generation of STEM talent through partnership Read More..

B2B Tech News | 2 years ago          

Hackers continue to develop new methods to access your secret accounts

The number of hacked attacks on Kenyas financial systems almost tripled to 444 million in the year to June 2022. The number of cyber attacks increased

The number of hacked attacks on Kenyas financial systems almost tripled to 444 million in the year to June 2022. The number of cyber attacks increased from 158.4 million last year. As more people worked from home, they ordered goods online and paid by mobile phone. Kenyas highly digitized economy, combined with mobile money through telcos and banks, has made the country a target for cybercrime and online fraud. Kenya is responsible for more than 200 million malware attacks, especially cyber hacks such as ransomware. Some attacks are carried out through phishing attempts, where criminals collect personal information and use it to obtain money. In the year to July 2022, the Communications Authority of Kenya issued 7.9 million messages, up from 93,696 a year earlier. Read More..

B2B Tech News | 2 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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