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Meta Platforms to Roll Out "Artemis" AI Chip for Data Centers

To assist its Artificial Intelligence AI projects, Facebooks parent company, Meta Platforms, plans to install its secondgeneration custom processor, "

To assist its Artificial Intelligence AI projects, Facebooks parent company, Meta Platforms, plans to install its secondgeneration custom processor, "Artemis," in data centres this year. The goal of the move is to lessen reliance on Nvidia processors and manage the rising expenses linked to AI workloads, as Meta works to include generative AI solutions throughout its hardware and platform portfolio. The device is expected to be used with commercially available Graphics Processing Units GPUs. By employing its processor, meta may save billions on chip purchases and hundreds of millions on annual energy bills. Mark Zuckerberg, the CEO of Meta, has announced plans to purchase over 350,000 Nvidia "H100" processors before the end of the year. Read More..

B2B Tech News | 22 days ago          

El Salvador Confirms Bitcoin Will Remain Legal Tender Despite IMFs Request

During President Nayib Bukeles second term, El Salvadors Vice President, Felix Ulloa, stated that Bitcoin would continue to be accepted as legal money

During President Nayib Bukeles second term, El Salvadors Vice President, Felix Ulloa, stated that Bitcoin would continue to be accepted as legal money in the nation. Following a request from the International Monetary Fund IMF that El Salvador "reconsider" the acceptance of Bitcoin during loan talks, this declaration was made. According to Ulloa, the government is confident about its decision, strengthened by the recent approval of U.S.listed ExchangeTraded Funds ETFs that track Bitcoin by the Securities and Exchange Commission SEC. In September 2021, El Salvador became the first nation to recognise Bitcoin as legal money. Read More..

B2B Tech News | 22 days ago          

Qualcomms Q2 Profit Forecast Tops Estimates, But China Android Sales Raise Concerns

With revenues in line with market forecasts, Qualcomm has projected a fiscal secondquarter profit somewhat higher than Wall Street predictions. Meanwh

With revenues in line with market forecasts, Qualcomm has projected a fiscal secondquarter profit somewhat higher than Wall Street predictions. Meanwhile, investors are worried about Qualcomms Android sales in China since the company anticipates flat chip sales in the area for the second quarter of the current fiscal year. This gave rise to conjecture that Qualcomm could be losing market share in China to competitors. Due to limits on U.S. exports, Huawei is the sole business employing Qualcomm for 4G phones. Additionally, Taiwans MediaTek threatens Qualcomms supremacy in mid and premiumtier Android phones. Read More..

B2B Tech News | 22 days ago          

Elon Musks $56 Billion Pay Package Invalidated by Delaware Court

A Delaware court declared Elon Musks $56 billion 2018 compensation package illegal, raising concerns about Teslas future leadership and governance. Th

A Delaware court declared Elon Musks $56 billion 2018 compensation package illegal, raising concerns about Teslas future leadership and governance. The compensation plan, which granted Musk options valued at over $51 billion, was deemed unjust to shareholders by the court, raising concerns about the boards independence at Tesla. The court expressed worries about the boards lack of control over Musk and called for a review of the method used to determine remuneration. Musk has yet to state how he would respond to the decision, although it seems probable that he will appeal. The decision triggered discussions on the necessity of additional independent board members and potential difficulties in arranging a replacement package. Read More..

B2B Tech News | 22 days ago          

Regulatory Woes Paytm Payments Bank Banned from Accepting New Funds by RBI

Paytm Payments Bank has received instructions from the Reserve Bank of India RBI to cease taking new deposits and money in its wallets and accounts as

Paytm Payments Bank has received instructions from the Reserve Bank of India RBI to cease taking new deposits and money in its wallets and accounts as of March. This action comes after the RBI decided in 2022 to stop adding new customers to the bank. The most recent instruction was brought about by ongoing noncompliance and supervisory issues discovered during an audit. According to Paytm, the RBIs move wont impact deposits made by current users, and it will abide by the directive. The change is anticipated to affect Paytms business operations negatively and give rise to worries about regulatory monitoring in Indias fintech industry. Read More..

B2B Tech News | 22 days ago          

AI Suspected Europcar Casts Doubt on Legitimacy of Reported Data Breach

The massive rental car company Europcar has said that it most likely isnt true that a data breach affected the personal data of over 48 million of its

The massive rental car company Europcar has said that it most likely isnt true that a data breach affected the personal data of over 48 million of its customers. After receiving a tip from a threat intelligence provider, the organisation investigated the claimed breach and discovered discrepancies in the data that suggested it may have been created using ChatGPT or another AI platform. The event raises concerns about the need for enhanced authentication and verification techniques to determine the validity of data breaches since it shows how AIgenerated data may be misused to produce manufactured breaches. Read More..

B2B Tech News | 22 days ago          

Google Introduces “Circle to Search” Feature on Pixel 8 and Samsung Galaxy S24 Series

Thanks to Google, the Circle to Search function is now available on the Pixel 8, Pixel 8 Pro, and Samsung Galaxy S24 series. With this function, users

Thanks to Google, the Circle to Search function is now available on the Pixel 8, Pixel 8 Pro, and Samsung Galaxy S24 series. With this function, users may utilise gestures like circling, highlighting, sketching, or tapping to search on their phone from anywhere. The goal is to make Google Search more natural for consumers to interact with without interfering with their ongoing activities. Users may search for content linked to what they are seeing or discussing by, for instance, circling an object in a video or tapping on a phrase in a messaging app. The features quick and easy access to search capabilities will improve the user experience overall. Read More..

B2B Tech News | 22 days ago          

U.S. Identifies Chinese Tech Firms on Defense Department List Over Military Allegations

The Defence Department compiled a list of Chinese corporations that are purportedly collaborating with Beijings military, and the US has added more th

The Defence Department compiled a list of Chinese corporations that are purportedly collaborating with Beijings military, and the US has added more than a dozen of these companies to it. Companies including memory chip manufacturer YMTC, AI startup Megvii, lidar manufacturer Hesai Technology, and IT startup NetPosa are among those on the most recent list. While being included on the list does not result in immediate prohibitions, it can harm the standing of the listed businesses and alert American organisations to the dangers of doing business with them. This action is a component of US efforts to impose sanctions on Chinese businesses that are thought to fortify Beijings armed forces. Read More..

B2B Tech News | 22 days 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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