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Unacademy will not be acquired by the Indian edtech giant Byju.

Byjus, an Indian edtech behemoth, has disputed allegations that its physical tutoring unit, Aakash, is in talks with Unacademy. Aakash is a market lea

Byjus, an Indian edtech behemoth, has disputed allegations that its physical tutoring unit, Aakash, is in talks with Unacademy. Aakash is a market leader in its area, with an unblemished track record of delivery and results, and it is expanding at a rate of more than 50% year on year. SoftBankbacked Unacademy is one of Indias major etech firms, and it has considerably reduced its expenses as it strives to become profitable in the next quarters. Instead, Byjus, Indias most valuable startup, is in advanced talks with bankers to proceed with the IPO of Aakash, which it acquired for over $1 billion last year. Byjus has got approval from its board of directors to proceed with the IPO and is preparing to launch. Read More..

B2B Tech News | 6 months ago          

Mozilla launches a new company that focuses on AI that is trustworthy.

The notforprofit organisation Mozilla, which created the Firefox web browser, is launching an AIfocused firm on the eve of its 25th anniversary. The n

The notforprofit organisation Mozilla, which created the Firefox web browser, is launching an AIfocused firm on the eve of its 25th anniversary. The newly formed organisation, known as Mozilla.ai, has as its goal to create open source, trustworthy AI, according to Mark Surman, executive president of Mozilla and head of Mozilla.ai. Mozilla.ai is a wholly owned subsidiary of the Mozilla Foundation, much like the Mozilla Corporation the organisation in charge of developing Firefox and Mozilla Ventures the Mozilla Foundations venture capital fund, and was financially backed by a $30 million seed investment as from Mozilla Foundation, Mozillas parent company. According to Surman, Mozilla.ai is a startup committed to assisting in the development of a reliable, independent open source AI stack. It is a combination of a research firm and a community. Read More..

B2B Tech News | 6 months ago          

The experiment by Ciskei a libertarian fantasy in South Africa during apartheid

With no regular means of governance, zones are enclaves formed out of a country that let those who invest choose their own regulations. Milton Friedma

With no regular means of governance, zones are enclaves formed out of a country that let those who invest choose their own regulations. Milton Friedman claimed that a democratic society requires a reasonably free economy, however there is evidence to suggest that a democratic society actually kills off a free economy. The creation of freeports and economic zones, including Canary Wharf, which was privatised and dependent on investor interest from authoritarian governments, was included in Margaret Thatchers first budget. The British chancellor unveiled a budget in midMarch that included 12 prospective Canary Wharf sites. Lowslung structures and multistory towers characterised rural South Africa, which was at the opposite end of the global value chain. Read More..

B2B Tech News | 6 months ago          

ChatGPT and AI summarization are added to Operas browser.

Operas desktop browsers, Opera and Opera GX, will now include generative AI chatbots powered by ChatGPT and ChatSonic. These chatbots may summarise ar

Operas desktop browsers, Opera and Opera GX, will now include generative AI chatbots powered by ChatGPT and ChatSonic. These chatbots may summarise articles or webpages, make social media posts, and assist users with coming up with ideas through prompts. Opera is also introducing a feature that allows users to make AI prompts by highlighting content on a website or typing it in. Operas product director, Joanna Czajka, stated that the company intends to introduce more AIpowered services in the future that will run on its own GPTbased architecture. With the popularity of generative AI, additional browsers may follow suit and integrate AIpowered functionalities. Read More..

B2B Tech News | 6 months ago          

A Kenyan court has prevented Meta from working with its new content moderation partner.

A Kenyan court has temporarily prohibited Meta Platforms Inc. and Meta Ireland from working with their new content moderation subcontractor, Majorel,

A Kenyan court has temporarily prohibited Meta Platforms Inc. and Meta Ireland from working with their new content moderation subcontractor, Majorel, while a new lawsuit brought by 43 content moderators regarding wrongful termination and blacklisting is being heard. The temporary injunction prevents Sama, Metas departing content moderation partner, from making any redundancies. After closing its content review arm in January, Sama now plans to fire 260 content moderators who worked throughout Eastern and Southern Africa at the end of this month. According to the petition, moderators who applied for jobs at Majorel were turned down because they had previously worked at a facility run by the third respondent Sama. Sama claims that it followed Kenyan law and communicated. Read More..

B2B Tech News | 6 months ago          

Carbonable uses blockchain technology to combat climate change and raises $1.2 million.

Ethereal Ventures and La Poste Ventures led a $1.2M seed round for Carbonable, a Parisbased firm that assists businesses with investing in carbon capt

Ethereal Ventures and La Poste Ventures led a $1.2M seed round for Carbonable, a Parisbased firm that assists businesses with investing in carbon capture on the blockchain. Coline Debayle, cofounder of Time for the Planet, and Abdelhamid Bakhta, a key player in the Ethereum community, also provided support for the preseed round. The funds will be used to grow the team, improve research and development activities, manage additional global biodiversity initiatives, and deepen relationships with influential businesspeople. A French startup called Carbonable offers a practical solution that enables companies to implement their strategy for reducing their carbon footprint as effectively as possible. It manages its climate contribution plan using Web3 technology, which includes cost savings, risk diversification, Read More..

B2B Tech News | 6 months ago          

In the 2023 intake, CBA hires 219 new technology graduates.

With intentions to hire 219 new graduates in 2023, Commonwealth Bank has announced a major increase in its intake of technology graduates. With a focu

With intentions to hire 219 new graduates in 2023, Commonwealth Bank has announced a major increase in its intake of technology graduates. With a focus on three key technology fields—cyber security, data science, and engineering—the programme seeks to advance technical proficiency and essential job skills. Now accepting applications for the 2024 programme, 38% of the 2023 graduating class will reside outside of CBAs Sydney headquarters. The grads will be assigned to a variety of places, including Perth and CBAs recently opened tech hubs in Melbourne, Adelaide, and Brisbane. Read More..

B2B Tech News | 6 months ago          

CodiumAI makes use of generative AI to assist developers in automatically creating code logic tests.

Itamar Friedman, cofounder and CEO of CodiumAI, is familiar with the struggle of creating test suites to validate code logic. He founded CodiumAI to a

Itamar Friedman, cofounder and CEO of CodiumAI, is familiar with the struggle of creating test suites to validate code logic. He founded CodiumAI to address that issue, and today his ninemonthold business came out of stealth with a sizable $11 million seed investment. His approach uses generative AI to create the tests automatically. By creating the tests for you, CodiumAI eliminates the need for you to manually create these logic tests. In order to generate code analysis, test plans, and test code as well as to interactively reply to user requests for test clarification, the company created a unique big language model called TestGPT. During the past few months, it has worked with 1,000 early adopters and is now making the free product available to everyone who is interested. Read More..

B2B Tech News | 6 months ago          



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Refresh Your Facts

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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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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