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South Korea’s Exports Surge 4.0% in December, Marking 15th Month of Growth

According to a Reuters survey, South Koreas exports are expected to have grown by 4.0% in December, continuing their 15th straight month of growth. Th

According to a Reuters survey, South Koreas exports are expected to have grown by 4.0% in December, continuing their 15th straight month of growth. This comes after Novembers 1.4% increase. Despite this encouraging development, economists predict that possible U.S. tariffs will slow down export momentum in the upcoming year, significantly harming South Koreas crucial commercial connection with China. Some manufacturers are cutting production due to uncertainty surrounding trade policies following Donald Trumps election. The overall demand for South Korean goods is anticipated to decline despite the continued strength of semiconductor exports. In addition, a 4.6% increase in imports is expected, and a $4.21 billion trade surplus is projected for December. Read More..

B2B Tech News | 7 months ago          

OpenAI’s ChatGPT Faces Major Disruption Linked to Microsoft Data Center Outage

OpenAIs API, ChatGPTs AI chatbot, and its texttovideo tool, Sora, were all impacted by a major outage that began at 130 P.M. ET on Thursday. "Internal

OpenAIs API, ChatGPTs AI chatbot, and its texttovideo tool, Sora, were all impacted by a major outage that began at 130 P.M. ET on Thursday. "Internal server error" warnings were sent to users, and around 200 P.M. ET, OpenAI confirmed significant error rates on its status page. By 615 P.M. ET, Sora had resumed operations, and APIs had started to recover, but ChatGPT was still partially down. A power failure at its South Central US data centre was attributed to an "upstream provider," most likely Microsoft, OpenAIs cloud partner. Xbox Cloud gameplay, storage, and APIs were all impacted. 5 P.M. ET restored power, but after other recent ChatGPT disruptions, the incident underscores the risks of cloudreliant systems. Read More..

B2B Tech News | 7 months ago          

Alibaba Unveils QVQ72B Advanced Visual AI Model Outperforms Rivals

The QVQ72B is an opensource AI model with sophisticated visual reasoning capabilities unveiled by Alibabas Qwen research team. The model can effective

The QVQ72B is an opensource AI model with sophisticated visual reasoning capabilities unveiled by Alibabas Qwen research team. The model can effectively comprehend visual input and respond to difficult questions by combining reasoningfocused functions with picture analysis. It exceeded OpenAIs o1 model on the MathVista mini exam with 71.4% accuracy, achieving noteworthy benchmark scores. Moreover, QVQ72B demonstrated notable performance gains with a score of 70.3% on the Multimodal Massive Multitask Understanding MMMU benchmark. Notwithstanding its advantages, there are drawbacks, like recursive reasoning cycles and languageswitching problems. This release continues Alibabas practice of introducing cuttingedge AI models in opensource platforms, such as QwQ32B and Marcoo1. Read More..

B2B Tech News | 7 months ago          

OpenAI Faces Delays in GPT5 Development Due to Data Shortages and High Costs

The lack of training data and the expensive development expenditures have caused significant delays in OpenAIs GPT5, codenamed Orion, development. The

The lack of training data and the expensive development expenditures have caused significant delays in OpenAIs GPT5, codenamed Orion, development. The model has taken far longer to construct than expected—more than 18 months. Its two monthslong, intensive training sessions cost over $500 million each but did not produce the expected breakthroughs. Given its operating costs, GPT5 is not lucrative enough because it is slightly better than current models. Microsoft, OpenAIs most prominent supporter, allegedly anticipated a mid2024 delivery, but the exact date is now unknown. Although more training sessions are required, the models economic viability may be questioned due to potential delays caused by restricted data resources. Read More..

B2B Tech News | 7 months ago          

Microsoft Unveils AIOpsLab OpenSource AI Framework for Cloud Operations

Microsoft unveiled AIOpsLab, an opensource AI framework for creating and improving cloudbased agents designed to tackle operational issues like failur

Microsoft unveiled AIOpsLab, an opensource AI framework for creating and improving cloudbased agents designed to tackle operational issues like failure detection and mitigation. With the help of Azure AI Agent Service, AIOpsLab offers a standardised platform that provides scalability and integration by separating agents from application services through an intermediary interface. For accurate telemetry data monitoring, it has an observability layer, workload, and fault generator that mimics realworld situations. The framework encourages methodical problemsolving, tailored explicitly for incident detection, root cause analysis, and mitigation. AIOpsLab, accepted at ACM SoCC24, is now accessible on GitHub under an MIT license, enabling developers to improve cloud operations with creative and expandable AI solutions. Read More..

B2B Tech News | 7 months ago          

Nvidia’s Jim Fan Foresees AI Robots Mastering Skills in Virtual Digital Twins

In the future, AI robots will be trained in lifelike digital simulations, gaining proficiency in virtual situations before smoothly integrating into t

In the future, AI robots will be trained in lifelike digital simulations, gaining proficiency in virtual situations before smoothly integrating into the real world, according to Jim Fan of Nvidia. To educate embodied AI agents—robots attached to real or virtual bodies—he cited Tokyos development of a 3D digital twin as a forerunner to a trend in which cities, residences, and factories are digitally recreated. Robots will collaborate to learn from various situations and coordinate intricate activities according to a fans prediction. A good example of this change is Nvidias Omniverse platform, which was utilised to create its headquarters. This method might generate trillions of highquality training tokens, allowing AI systems to instantly adapt to realworld problems and transforming the scalability and efficiency of robots in everyday life and industry. Read More..

B2B Tech News | 7 months ago          

Russia Embraces Bitcoin for International Payments Amid Western Sanctions

"Recent legislative changes aimed at countering Western sanctions have led to an increase in the use of bitcoin and other digital currencies for inter

"Recent legislative changes aimed at countering Western sanctions have led to an increase in the use of bitcoin and other digital currencies for international payments by Russian companies," said Finance Minister Anton Siluanov. Sanctions have hampered Russias trade with essential allies like China and Turkey, as local banks are cautious about dealing with Russia to evade regulatory attention from the West. During this year, Russia established itself as a global leader in bitcoin mining by legalising cryptocurrencies in international trade and taking steps to control cryptocurrency mining. "Transactions using mined bitcoins are already happening and are anticipated to grow even more in the upcoming year," Siluanov said. Vladimir Putin has also supported cryptocurrencies, pointing to the US dollars deteriorating reserve currency role due to political abuse. Read More..

B2B Tech News | 7 months ago          

Indian Exporters Set to Capitalize on U.S. Market Amid Rising Tariffs on Chinese Goods

Anticipating higher duties on Chinese goods, Indian exporters are proactively preparing to strengthen their position in the U.S. market. With assistan

Anticipating higher duties on Chinese goods, Indian exporters are proactively preparing to strengthen their position in the U.S. market. With assistance from American trade associations, discussions with the Indian government centre on utilising prospects in industries like textiles, leather, chemicals, electronics, auto parts, and toys to increase consumer awareness of Indian goods. The Federation of Indian Export Organisations FIEO vicepresident, Israr Ahmed, underlined Indias ability to compete in these fields and the $1 billion potential toy market. To increase competitiveness, exporters are asking for increased financial assistance, primarily through the Market Access Initiatives program, easier access to export financing, and more extended interest equalisation plans. India is wellpositioned as tensions between the United States and China increase because of the countrys solid U.S. connections and political stability. Read More..

B2B Tech News | 7 months ago          



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