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Salt Typhoon Campaign Targets Major U.S. Telecom Firms in Cyberespionage Effort

The Chinese hacking collective "Salt Typhoon" has been exposed by the United States for its cyberespionage effort, which involved breaking into at lea

The Chinese hacking collective "Salt Typhoon" has been exposed by the United States for its cyberespionage effort, which involved breaking into at least eight U.S. telecom companies, including Verizon, AT&T, and TMobile, and stealing metadata from countless Americans. Although call content was not accessed, stolen metadata, like call duration, recipients, and locations, might provide intimate details about a persons life. Audio intercepts over the phone were also allegedly corrupted in certain instances. Addressing the hack has been a top priority for the White House, and President Biden has been briefed several times. The threat was emphasised by a classified Senate meeting that included the FBI and FCC. This hack emphasises how urgently telecommunications cybersecurity needs to be improved to safeguard vital infrastructure and stop future abuse. Read More..

B2B Tech News | 12 months ago          

Citigroup Rolls Out AI Tools for 140,000 Employees Across Eight Countries

Citigroup has introduced new AI capabilities for 140,000 workers in eight countries to increase efficiency and streamline processes. "Citi Stylus" ena

Citigroup has introduced new AI capabilities for 140,000 workers in eight countries to increase efficiency and streamline processes. "Citi Stylus" enables the simultaneous summarization, comparison, and search of many documents. At the same time, "Citi Assist" functions as an intelligent coworker, guiding staff members through internal policies across HR, risk, compliance, and finance. First made available in the United States, Canada, Hungary, India, Ireland, Poland, Singapore, and the United Kingdom, the tools will eventually be available worldwide. Based on staff input and user experiences, Citi intends to improve the tools. The deployment of AI differs from continuous initiatives to enhance data quality and adherence to regulations. With this action, Citi joins rivals like Bank of America and Morgan Stanley, which employ AI for specialized tasks. Read More..

B2B Tech News | 12 months ago          

Elon Musk’s xAI to Build World’s Largest GPU Cluster for AI Chatbot Grok

Elon Musks artificial intelligence business, xAI, intends to scale its Colossus supercomputer in Memphis from 100,000 to more than 1 million GPUs to t

Elon Musks artificial intelligence business, xAI, intends to scale its Colossus supercomputer in Memphis from 100,000 to more than 1 million GPUs to train its AI chatbot, Grok. This is a significant development in xAIs fight against competitors such as OpenAI. Super Micro and Dell will assemble the servers, while Nvidia will provide the GPUs. Additionally, the expansion will bring these businesses to Memphis for new operations. However, the project has come under environmental investigation due to energy consumption issues and claims of possible unauthorised usage of gas turbines for power. The action highlights the adverse effects of massive AI infrastructure on the environment and demonstrates Musks determined efforts to oppose OpenAI. Read More..

B2B Tech News | 12 months ago          

Schneider Electric Teams Up with Nvidia to Revolutionize AI Data Center Cooling

Nvidia and Schneider Electric are working together to create cooling solutions for data centres with artificial intelligence of the future. With 72 hi

Nvidia and Schneider Electric are working together to create cooling solutions for data centres with artificial intelligence of the future. With 72 highperformance AI chips that need up to 132 kilowatts of power per server rack, these architectures will support Nvidias forthcoming flagship servers. The most sophisticated servers will require liquid cooling, so Schneider is creating scalable cooling solutions suited to Nvidias systems power requirements. Customers of data centres and cloud computing companies will be the target market for these products. This collaboration complements Schneiders AI data centre growth initiatives, including a $3 billion agreement with Compass Datacenters for the fiveyear supply of electrical equipment. This discovery demonstrates how AIdriven enterprises are placing more emphasis on energyefficient infrastructure. Read More..

B2B Tech News | 12 months ago          

Wipro Partners with Netskope to Launch CyberTransform Optimization Service for Enhanced Cybersecurity

Wipro Limited and Netskope have teamed up to provide a comprehensive cybersecurity service that maximizes and improves the return on technology invest

Wipro Limited and Netskope have teamed up to provide a comprehensive cybersecurity service that maximizes and improves the return on technology investments. Powered by Netskope, the CyberTransform Optimisation Service assesses an organizations cybersecurity frameworks, offers consolidation suggestions, and finds economical ways to improve business performance. Utilizing Netskopes Valueskope platform for financial analysis and Wipros Automated Regulatory Compliance ArC for regulatory change tracking, the service assists businesses in comprehending the productivity and economic advantages of Secure Access Service Edge SASE transitions. Through this partnership, clients will be better equipped to make decisions that match their infrastructure and cybersecurity plans with their overall business goals, spurring innovation and enhancing performance results in a quickly changing digital environment. Read More..

B2B Tech News | 12 months ago          

Amazon Unveils “Nova” AI Models, Targeting Text, Image, and Video Generation at AWS Conference

During the AWS annual conference, Amazon presented its "Nova" AI foundation models, aiming to compete with Adobe, Meta, and other companies in text, p

During the AWS annual conference, Amazon presented its "Nova" AI foundation models, aiming to compete with Adobe, Meta, and other companies in text, picture, and video generation applications. CEO Andy Jassy emphasised customer requests for reduced prices, improved latency, and finetuning capabilities. Some products include Canvas, which makes images from text prompts and adds watermarking to guard against abuse, and Nova Reel, which makes sixsecond videos from text or pictures with longer videos on the horizon. Amazon also plans to incorporate multimodal features for audio, photos, video, and text in its upcoming models. Additionally, a redesigned AIpowered Alexa, codenamed "Banyan," is anticipated shortly, signalling Amazons increased investment in AI to outperform rivals and fix earlier setbacks. Read More..

B2B Tech News | 12 months ago          

AWS Launches Trn2 UltraServers with Trainium2 Chips, Challenging Nvidia’s AI Hardware Leadership

Nvidias hegemony in AI hardware was directly challenged by Amazon Web Services AWS with the release of its new Trn2 UltraServers, which are powered by

Nvidias hegemony in AI hardware was directly challenged by Amazon Web Services AWS with the release of its new Trn2 UltraServers, which are powered by Trainium2 AI chips. The servers, a supercomputer system component with hundreds of thousands of CPUs, offer up to 40% more affordable training costs for some AI models than those provided by Nvidia. These chips were among the first to be used by Apple and the AI firm Anthropic. Next year, AWS plans to introduce Trainium3 chips. With a more than 70% market share, Nvidia is increasingly up against rivals like AWS, Google, and Meta, which are creating their own AI chips. Although both AWS and Nvidia produce their chips at Taiwan Semiconductor Manufacturing, AWS asserted that their supply chain was highly prepared. Read More..

B2B Tech News | 12 months ago          

UK Sees 16% Rise in Cyber Incidents in 2024, Reports National Cyber Security Centre

In 2024, the UKs National Cyber Security Centre NCSC handled 430 cases, up 16% from 371 the year before. Twenty of these were ransomware attacks, and

In 2024, the UKs National Cyber Security Centre NCSC handled 430 cases, up 16% from 371 the year before. Twenty of these were ransomware attacks, and 347 constituted illegal data exfiltration. Five hundred fortytwo notices were sent to impacted organisations by the NCSC, more than tripling the number of notifications sent out the previous year. The agency warned of hackers using artificial intelligence AI to launch sophisticated cyberattacks and named ransomware the most imminent danger to vital infrastructure in its yearly evaluation. The NCSCs chief, Richard Horne, stressed the increasing complexity and ferocity of hostile cyber operations and warned against complacency about stateled and criminal cyber threats, which he feels are generally undervalued. Read More..

B2B Tech News | 12 months ago          



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