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HP Cuts Annual Profit Forecast as U.S. Tariffs Impact PC Demand

Because of the impact of inflationary pressures and higherthanexpected U.S. tariffs on PC demand, HP has lowered its annual profit prediction. The bus

Because of the impact of inflationary pressures and higherthanexpected U.S. tariffs on PC demand, HP has lowered its annual profit prediction. The business downgraded its earlier forecast of $3.45 to $3.75 per share to $3.00 to $3.30 per share for fiscal 2025. In order to lessen its dependency on China, HP is speeding up production shifts to Vietnam, Thailand, India, Mexico, and the United States, according to CEO Enrique Lores. HPs secondquarter revenue of $13.22 billion was marginally higher than analysts had predicted, but tariffrelated expenses caused profit margins to decline. Although market volatility is still affecting consumer and corporate confidence, the company anticipates offsetting these expenses by Q4. Read More..

B2B Tech News | 1 months ago          

Sarvam AI Launches SarvamM, a 24BParameter Hybrid Language Model

The 24billionparameter hybrid language model SarvamM, created by Indian AI startup Sarvam AI, is intended for use with Indian languages, mathematics,

The 24billionparameter hybrid language model SarvamM, created by Indian AI startup Sarvam AI, is intended for use with Indian languages, mathematics, and programming. Based on Mistral Small, SarvamM has been refined through supervised learning and reinforcement methods, improving by 17.6% on programming tests, 21.6% on math tasks, and 20% on Indian language benchmarks. The model competes with Llama3.3 70B and Gemma 3 27B in domainspecific tasks, and it performs better than Llama4 Scout. Although it performs exceptionally well in Indian language thinking, it falls short on English knowledgebased tests. Hugging Faces and Sarvams API provide access to SarvamM, which supports chatbots, translation, and learning resources. Read More..

B2B Tech News | 1 months ago          

Microsoft and Yotta Partner to Accelerate AI Adoption in India

By merging Azure AI services with Yottas Shakti Cloud to offer safe, independent AI infrastructure, Microsoft and Yotta Data Services have teamed toge

By merging Azure AI services with Yottas Shakti Cloud to offer safe, independent AI infrastructure, Microsoft and Yotta Data Services have teamed together to hasten the adoption of AI in India. The partnership aids the IndiaAI Mission, which has received more than 500 ideas for domestic AI models in industries including manufacturing, healthcare, finance, and agriculture. Yotta will supply highperformance GPU infrastructure for training and deployment, while Microsoft will supply AI models, development tools, and security features. Through data sovereignty and adherence to national security regulations, the collaboration seeks to democratise access to AI. Read More..

B2B Tech News | 1 months ago          

Opera Unveils Neon, an AIPowered Browser for Automated Web Tasks

Opera has introduced Neon, an agentbased browser driven by AI that automates web chores and boosts user productivity. Neon presents three AIpowered fe

Opera has introduced Neon, an agentbased browser driven by AI that automates web chores and boosts user productivity. Neon presents three AIpowered features Make, which lets users create documents, websites, and even oldschool games Do, which lets users book trips and add items to their carts on its own and Chat, which serves as a conversational assistant for research and web searches. A paid membership model is intended for a broader rollout of the browser, which is now accessible through inviteonly access. Opera wants to establish Neon as a nextgeneration browsing experience by using AI operations that operate in the background or alongside users. Read More..

B2B Tech News | 1 months ago          

xAI and Telegram Partner to Deploy Grok Chatbot for BillionPlus Users

In an effort to reach Telegrams billions of users, Elon Musks artificial intelligence business xAI has teamed up with the platform to integrate its Gr

In an effort to reach Telegrams billions of users, Elon Musks artificial intelligence business xAI has teamed up with the platform to integrate its Grok chatbot. Under the terms of the oneyear agreement, xAI will provide Telegram $300 million in stock and cash, and Telegram will get half of the apps subscription fees. To address privacy concerns, Grok will only access data that users have explicitly supplied, according to Telegram founder Pavel Durov. By offering useful user interactions for model training, the collaboration fortifies xAIs AI infrastructure. The agreement supports Musks larger AI expansion strategy and comes after xAI acquired X. Read More..

B2B Tech News | 1 months ago          

Cybercriminals Exploit AI Video Hype With MalwareLaced Ads on Facebook, LinkedIn

By disseminating malwarelaced advertisements on Facebook and LinkedIn that mimic programs like Luma AI, Canva Dream Lab, and Kling AI, cybercriminals

By disseminating malwarelaced advertisements on Facebook and LinkedIn that mimic programs like Luma AI, Canva Dream Lab, and Kling AI, cybercriminals are taking advantage of interest in AI video creation. Over 2 million visitors have been redirected to malicious ZIP files rather than real AIgenerated videos by the campaign, which is being tracked as UNC6032. After being run, the malware records keystrokes, steals login information, and searches for digital wallets. To avoid detection, the attackers switch up their domains every day. To prevent infestations, security experts advise users to utilise uptodate cybersecurity software, verify the legitimacy of websites, and refrain from clicking on dubious AI advertisements. Read More..

B2B Tech News | 1 months ago          

HSBC Launches Hong Kong’s First BankLed Blockchain Payment System

The first bankled blockchain payment system in Hong Kong was introduced by HSBC, allowing corporate clients to make tokenised deposits in real time. T

The first bankled blockchain payment system in Hong Kong was introduced by HSBC, allowing corporate clients to make tokenised deposits in real time. The service, which runs aroundtheclock to improve liquidity management, enables rapid USDHKD transactions between HSBC Hong Kong wallets. The project is in line with Project Ensemble, an investigation into blockchainbased financial solutions supported by the Hong Kong Monetary Authority. The first company to use the service was Ant International, which used HSBCs distributed ledger to complete an instant intragroup fund transfer. HSBC wants to strengthen its digital financial skills by extending the service to Asia and Europe. The action indicates that blockchain technology is increasingly being adopted by institutions in corporate treasury operations. Read More..

B2B Tech News | 1 months ago          

AfDB Lowers Africa’s 2025 Growth Forecast to 3.9% Amid Trade Tariff Uncertainty

Citing uncertainty around trade tariffs, the African Development Bank AfDB reduced its previous estimate of Africas growth in 2025 by 0.2 percentage p

Citing uncertainty around trade tariffs, the African Development Bank AfDB reduced its previous estimate of Africas growth in 2025 by 0.2 percentage points to 3.9%. The revision comes in the wake of fresh U.S. tariffs and trade partner retaliation, which have hurt Africas export markets and disrupted global demand. Additionally, the AfDB reduced its growth forecast for 2026 to 4.0%, citing persistent macroeconomic volatility. Ethiopia, Niger, Rwanda, and Senegal are predicted to top the 21 African economies in growth at 7% or above, despite obstacles. In light of changing dynamics in international trade, the bank underlined the necessity of changing policies to reduce risks and maintain economic resilience. Read More..

B2B Tech News | 1 months ago          



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