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Shemaroo Entertainment Partners with GMetri for AIDriven Metaverse Gaming

To provide immersive AI gameplay through ShemarooVerse, Shemaroo Entertainment has teamed up with GMetri. Through this partnership, fans experiences i

To provide immersive AI gameplay through ShemarooVerse, Shemaroo Entertainment has teamed up with GMetri. Through this partnership, fans experiences in the metaverse will be improved by introducing IPbased games that use AI. The creative aspect of ShemarooVerse and the partnerships impact on audience engagement with Shemaroos programming were highlighted by Arghya Chakravarty, COO of Shemaroo Entertainment. GMetri CEO Utsav Mathur emphasised the collaboration as a showcase for GMetris AIpowered immersive learning and gaming platform, FruitSalad.ai. With the integration of gaming and storytelling, this project seeks to reinvent fan interaction through interactive 3D environments. The partnership highlights GMetris proficiency in crafting customised, immersive experiences across several industries and Shemaroos dedication to innovation. Read More..

B2B Tech News | 18 days ago          

OpenAI Confirms Internal Messaging Hack, AI Technology Details Exposed

According to a New York Times story, a hacker gained access to OpenAIs internal communications networks last year and stole design specifications for

According to a New York Times story, a hacker gained access to OpenAIs internal communications networks last year and stole design specifications for its artificial intelligence technology. The intrusion into the staff discussion forum did not compromise OpenAIs essential infrastructure and client data. In April, OpenAI executives notified the board and staff about the event nevertheless, they opted not to disclose it to the public, citing the lack of a national security concern and the hackers lack of affiliation with any foreign authority. Safety concerns were raised when OpenAI revealed in May that it had disrupted five clandestine operations by abusing its AI models. In May, sixteen AI businesses committed to guaranteeing the safe development of AI technologies in the face of hazards and fast innovation. The Biden administration is now formulating plans to safeguard American AI technology. Read More..

B2B Tech News | 18 days ago          

Chinese Manufacturers Pivot Investments to Morocco in Wake of U.S. EV Subsidies

Chinese firms are moving their investments to Morocco in response to US incentives meant to increase local production of electric vehicles EVs and les

Chinese firms are moving their investments to Morocco in response to US incentives meant to increase local production of electric vehicles EVs and lessen dependency on Chinese supply chains. Moroccos selling point is that the country has free trade agreements with the United States, making EV parts eligible for subsidies. Since the Inflation Reduction Act was enacted, at least eight Chinese battery manufacturers have announced investments in Morocco due to this action. Aiming to take advantage of US incentives, joint ventures and new factories—such as Africas first EV battery facility by ChineseGerman company Gotion HighTech—are being established. Morocco is essential as the global EV rivalry heats up due to its advantageous location and commercial connections. Read More..

B2B Tech News | 18 days ago          

Koo Announces Shutdown Amid Failed Partnership Negotiations

CEO Aprameya Radhakrishna and cofounder Mayank Bidawatka of Koo, an Indian social networking site, have stated that the platform is closing due to uns

CEO Aprameya Radhakrishna and cofounder Mayank Bidawatka of Koo, an Indian social networking site, have stated that the platform is closing due to unsuccessful partnership discussions. Financial challenges made worse by excessive operating expenses led to the decision. After its launch in 2020, Koo acquired notoriety in 2021 due to a disagreement between Twitter and Indian authorities, drawing politicians looking for a substitute platform. Earlier in 2022, there were rumours that Dailyhunt was discussing buying Koo through a share exchange, but the agreements specifics remained unknown. Koo decided to close its doors because it could not raise enough money to cover its operating costs, even after raising over $60 million from investors like Accel and Tiger Global. Read More..

B2B Tech News | 18 days ago          

CoinDCX Completes Acquisition of BitOasis, Expands Crypto Footprint in Middle East

The purchase of BitOasis, a cryptocurrency platform with a Middle Eastern emphasis, has been completed by Indias CoinDCX, both firms revealed in a joi

The purchase of BitOasis, a cryptocurrency platform with a Middle Eastern emphasis, has been completed by Indias CoinDCX, both firms revealed in a joint statement. After first purchasing a stake in BitOasis last year, CoinDCX now controls all of the companys shares. However, the specific financials were not made public. BitOasis is a 2016founded brokerdealer company with its headquarters located in Dubai. It operates under regulatory frameworks from organisations such as the Central Bank of Bahrain and VARA in the United Arab Emirates. Through the purchase, BitOasis hopes to strengthen its position in its serviced territory of fifteen nations and expand its range of services in line with the UAEs aspirations to become a significant worldwide centre for the cryptocurrency business. Read More..

B2B Tech News | 18 days ago          

CICC Eyes Growth in Southeast Asia Amid Slowdown in China and Hong Kong

Due to a slowdown in transactions in China and Hong Kong, China International Capital Corp CICC intends to create offices in Indonesia and Malaysia to

Due to a slowdown in transactions in China and Hong Kong, China International Capital Corp CICC intends to create offices in Indonesia and Malaysia to increase its footprint in Southeast Asia. CICC was established in 1995 and maintains offices in Singapore, Hong Kong, New York, London, and other major financial hubs. CICC has opened a representative office in Vietnam, expanding its presence throughout Southeast Asia. The bank wants to take advantage of commercial prospects in the rapidly expanding economies in the area. This growth coincides with a decrease in domestic dealmaking activity and a drop in earnings and stock prices. Notwithstanding the difficulties, CICC believes that crossborder investments and private fundraising in Southeast Asia have promise. Read More..

B2B Tech News | 18 days ago          

Australia Secures TopSecret Intelligence with AWS in A$2 Billion Cloud Deal

Australia will transfer its topsecret intelligence data to the cloud through a $2 billion agreement with Amazon Web Services AWS, improving defence fo

Australia will transfer its topsecret intelligence data to the cloud through a $2 billion agreement with Amazon Web Services AWS, improving defence force interoperability with the US military. Data resilience will be increased by utilising dispersed, purposebuilt AWS infrastructure, according to Defence Minister Richard Marles. Additionally, the Australian Signals Directorate ASD plans to increase the amount of artificial intelligence AI it uses to analyse data. Director General of ASD Rachel Noble stressed AIs responsible and moral usage. The cloud migration ensures robust data management, which supports critical activities such as the F35A joint strike fighter. Prime Minister Anthony Albanese said the collaboration would also improve national security capacities and generate 2,000 local employment. Read More..

B2B Tech News | 18 days ago          

EUFunded INPHOMIR Project to Enhance Satellite Navigation with UltraLowPower Sensors

Ultralowpower sensors are being developed by an EUfunded collaboration to improve satellite navigation and allow longer drone flights. The INPHOMIR pr

Ultralowpower sensors are being developed by an EUfunded collaboration to improve satellite navigation and allow longer drone flights. The INPHOMIR project intends to develop an optical gyroscope and a customised lidar sensor to increase the price and efficiency of space missions. The €5 million $5.38 million initiative, funded by the Horizon Europe programme, aims to lessen navigational difficulties in challenging environments, including dust and limited visibility. The sensors promise smaller dimensions and increased efficiency by using indium phosphide in photonic integrated circuits. Drones and selfdriving automobiles may ultimately benefit from this technology. Amidst growing satellite traffic and space debris, project supervisor Daniele Palaferri stressed the possibility of better satellite locations and fruitful space exploration. Read More..

B2B Tech News | 18 days ago          



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