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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 | 16 days 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 | 16 days ago          

Hume AI Unveils “Voice Control” Tool for Customizable AI Voices Aligned with Brand Identity

A technology called "Voice Control," developed by the New Yorkbased AI company Hume, enables developers to produce unique AI voices consistent with br

A technology called "Voice Control," developed by the New Yorkbased AI company Hume, enables developers to produce unique AI voices consistent with brand identity. The function uses sliders from 100 to +100 to provide finegrained control over ten vocal qualities, such as buoyancy, assertiveness, and confidence. This method eliminates imprecise textbased descriptions, allowing exact modifications to create distinctive voices in AI applications like chatbots. Speech Control, which is in beta right now, is available to registered users and employs a novel "unsupervised approach" to maintain speech consistency while changing settings. With additional dimensions, basic voice options, and improved speech analysis and visualisation tools, Hume intends to provide developers with more freedom to produce captivating and brandconsistent AI experiences. Read More..

B2B Tech News | 16 days ago          

India and Italy Launch ‘Cotton Route’ Initiative to Strengthen Bilateral Trade Relations

With Italy hoping to become Indias thirdlargest trading partner in the EU, the two countries have started the Cotton Route effort to strengthen their

With Italy hoping to become Indias thirdlargest trading partner in the EU, the two countries have started the Cotton Route effort to strengthen their economic and trade relations. In addition to supporting the development of new industries, the alliance aims to deepen ties in fields like space technology and defence. Improving port facilities and logistics is a key component of this effort to increase exports between the two countries and streamline operations. This action shows a calculated attempt to improve economic connections and generate chances for innovation and trade that benefit both parties. Read More..

B2B Tech News | 16 days ago          

Singapore Becomes Largest Source of FDI to India, Contributing 50% of Total Investments

In the July–September quarter of 2024–25, Singapore was Indias biggest provider of Foreign Direct Investment FDI, contributing 50% of all inward i

In the July–September quarter of 2024–25, Singapore was Indias biggest provider of Foreign Direct Investment FDI, contributing 50% of all inward investments, or USD 13.6 billion. Given that total FDI inflows increased by 43% over prior periods, this represented a notable rise. In a recent social media post, Singapores High Commissioner to India, HC Wong, highlighted this robust investment partnership. With total investments from April 2000 to March 2024 of around USD 159.94 billion, Singapore made about USD 11.77 billion in foreign direct investment in the fiscal year 2023–2024. Furthermore, with USD 35.61 billion in bilateral trade in 2023–2024, Singapore was Indias sixthlargest international trading partner. Read More..

B2B Tech News | 16 days ago          

Iraq’s Fuel Oil Smuggling Network Generates $1 Billion Annually for Iran and Proxies

Iraq has developed a sophisticated fuel oil smuggling network that, since Prime Minister Mohammed Shia alSudani took office in 2022, has generated an

Iraq has developed a sophisticated fuel oil smuggling network that, since Prime Minister Mohammed Shia alSudani took office in 2022, has generated an estimated $1 billion a year for Iran and its supporters. By taking advantage of government regulations that permit asphalt factories to get subsidised fuel oil allocations, this enterprise diverts between 500,000 and 750,000 metric tonnes each month for export, mainly to Asia. To conceal the fuels source, the smuggling network uses fraudulent documents and militias supported by Iran. Even with earlier crackdowns on the trafficking, the illegal activities have become more complicated. Amid Tehrans considerable influence in the region, U.S. officials have voiced concerns about the effect of this smuggling on sanctions and its possible consequences for Iraqi officials. Read More..

B2B Tech News | 16 days ago          

AI Infrastructure Firm Nebius Secures $700 Million to Enhance AI Development Capabilities

On Monday, the AI infrastructure company Nebius Group NBIS.O revealed that it had secured $700 million in a private placement from investors such as A

On Monday, the AI infrastructure company Nebius Group NBIS.O revealed that it had secured $700 million in a private placement from investors such as Accel, Orbis Investments, and Nvidia NVDA.O. Following Yandexs $5.4 billion asset split in July, Nebius wants to improve the infrastructure for AI development. Founded by the former CEO of Yandex, Arkady Volozh, the business aims to speed up the development of cloud platforms and GPU clusters for AI developers. By mid2025, Nebius plans to invest $1 billion and lease data centre space in Kansas City, Missouri. 33,333,334 Class A shares were issued at a premium of 3%, at $21 a share, as part of the private placement. Through this funding, the anticipated yearly revenue rose to between $750 million and $1 billion by 2025. Read More..

B2B Tech News | 16 days ago          

Adani Power Denies Reports of Bangladesh Government Reviewing Power Purchase Agreement

Following a Reuters report indicating that Bangladesh plans to renegotiate the arrangement, Adani Power ADAN.NS said on Monday that it had no indicati

Following a Reuters report indicating that Bangladesh plans to renegotiate the arrangement, Adani Power ADAN.NS said on Monday that it had no indication of the government of Bangladesh revisiting its power purchase agreement. According to the article, the government wants to drastically cut prices under the deal unless a court looking into the 25year contract, which includes electricity supplies from a $2 billion coalfired facility in eastern India, cancels it. A committee was recently established by the High Court to examine this contract. In addition, Adani Power is still providing 700–750 MW of electricity while attempting to collect more than $800 million in unpaid debt from Bangladesh. The business and the Bangladesh Power Development Board are still negotiating over the unpaid invoices. Read More..

B2B Tech News | 16 days ago          



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