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Synopsys and SiMa.ai Collaborate to Revolutionize AI Chip Development for Cars

The Silicon Valley companies SiMa.ai and Synopsys established a collaboration to speed up the development of AI chips for suppliers and automakers. Le

The Silicon Valley companies SiMa.ai and Synopsys established a collaboration to speed up the development of AI chips for suppliers and automakers. Leading chipdesign software provider Synopsys will include energyefficient AI hardware and software from SiMa.ai in its products. By simulating chipsoftware interactions, our partnership will assist automakers in selecting the best AI solutions for applications such as voice assistants and driverassistance systems. These technologies, which depend on data centres powerhungry CPUs, are being modified for effective incar use. CEO Krishna Rangasayee of SiMa.ai emphasised the companys emphasis on energy efficiency to satisfy demands for vehicle performance. Automakers must take control of their computing frameworks because of the shift in software demands, as highlighted by Ravi Subramanian of Synopsys. The financial details should have been provided. Read More..

B2B Tech News | 1 months ago          

India’s November Exports Fall 4.8%, Highlighting Trade Imbalance

Due to a sharp rise in item imports, which increased by 27% to almost $70 billion, Indias trade deficit soared to a new high of $37.8 billion in Novem

Due to a sharp rise in item imports, which increased by 27% to almost $70 billion, Indias trade deficit soared to a new high of $37.8 billion in November. A roughly 30% increase in gold prices and robust demand throughout the holiday season were the main causes of this spike, which led to a 4.3fold increase in gold imports of $14.9 billion. In contrast, petroleum exports decreased 49.6% to $3.7 billion, while exports dropped 4.8% to $32.1 billion, a 25month low. Although nonpetroleum products grew about 8%, total export performance was impacted by shifting oil prices and increasing geopolitical tensions. Nonetheless, there was a surplus in services trade due to the strong 26.8% growth in services exports to $35.67 billion. Read More..

B2B Tech News | 1 months ago          

Alcoa to Receive 130 Petajoules of Gas from Chevron Starting in 2028

On Tuesday, Chevrons Australian division declared that it would provide Alcoa, the aluminium manufacturer, with 130 petajoules of gas over ten years,

On Tuesday, Chevrons Australian division declared that it would provide Alcoa, the aluminium manufacturer, with 130 petajoules of gas over ten years, beginning in 2028. The North West Shelf Venture in Western Australia and Chevrons Gorgon and Wheatstone facilities will supply the gas. Alcoa intends to power its alumina plants in the area with natural gas. Alcoa already signed gas supply contracts with Exxon Mobil, Chevron, and Warrego Energy to support its refineries in Wagerup, Pinjarra, and Kwinana beginning in 2024. Nevertheless, the business has encountered operational difficulties, such as a gas interruption that resulted in a power outage at its refinery in Pinjarra, which is presently under investigation. Read More..

B2B Tech News | 1 months ago          

Democratic Republic of Congo Files Criminal Complaints Against Apple Over Conflict Minerals

Apple and its French and Belgian subsidiaries are facing criminal charges from the Democratic Republic of the Congo for allegedly utilising conflict m

Apple and its French and Belgian subsidiaries are facing criminal charges from the Democratic Republic of the Congo for allegedly utilising conflict minerals in their supply chain. According to the Congolese government, Apple indirectly benefits from minerals that come from artisanal mining run by armed groups that commit grave violations of human rights. Congolese attorneys contend that Apple is involved in the regions continued bloodshed and exploitation because the company uses minerals that are laundered through global supply chains, despite Apples claims that it investigates suppliers and has not discovered any ties to armed groups. Charges of concealing war crimes and engaging in dishonest business operations are included in the complaints. Both nations judicial systems will now decide whether to investigate these allegations more thoroughly. Read More..

B2B Tech News | 1 months ago          

Bharti Global Acquires 24.5% Stake in BT Group After National Security Review Approval

After a comprehensive national security examination, the British government authorised Bharti Globals £3.2 billion acquisition of a 24.5% interest in

After a comprehensive national security examination, the British government authorised Bharti Globals £3.2 billion acquisition of a 24.5% interest in BT Group on Monday. The shares were bought from Altice, which Patrick Drahi, an investor, once owned. Given its substantial involvement in government telecommunications and cybersecurity, BT will establish a national security committee to supervise strategic operations impacting the security of the United Kingdom to address national security concerns. The government highlighted this action to reduce the risks related to BTs obligations to assist with state projects. The Indian giant Bharti Enterprises investment division, Bharti Global, declared that it had no intention of acquiring BT. Read More..

B2B Tech News | 1 months ago          

Bank of Canada Governor Stresses Need for Preparedness Amid Economic Uncertainties

Governor of the Bank of Canada Tiff Macklem stressed Monday that the central bank must be better equipped to handle economic uncertainty, pointing to

Governor of the Bank of Canada Tiff Macklem stressed Monday that the central bank must be better equipped to handle economic uncertainty, pointing to deglobalisation, demographic changes, digitalisation, and decarbonisation as examples that significantly impact inflation, growth, and jobs. Macklem called for collaboration among G7 democracies to tackle common economic security concerns in his talk to the Greater Vancouver Board of Trade. He emphasised the dangers of trade protectionism, growing sovereign debt, longterm interest rates, and geopolitical conflicts. The bank recently reduced its key policy rate by 50 basis points to 3.25%, indicating a moderate approach to further cuts. It noted that monetary policy has successfully restored low inflation, with inflation at the target rate of 2%. Read More..

B2B Tech News | 1 months ago          

OpenAI Unveils Enhanced ChatGPT Search for All Users on Day Eight of 12 Days of OpenAI

Anthropic has secretly made the Claude 3.5 Haiku AI model available through Claudes mobile apps and web interface. Users reported its availability on

Anthropic has secretly made the Claude 3.5 Haiku AI model available through Claudes mobile apps and web interface. Users reported its availability on X previously Twitter, and it has been confirmed to be the default language model despite the lack of an official statement. According to several benchmarks, Claude 3.5 Haiku is Anthropics fastest large language model, surpassing the earlier Claude 3 Opus. Its notable benefits are reduced latency, enhanced tool usage, and better instruction following. On the Software Engineering benchmark, the model outperformed OpenAIs GPT4o and the original Claude 3.5 Sonnet, scoring 40.6%. Currently, it is optimised for AWS Trainium2 chipsets and available to all Claude users, including those on the free license. Read More..

B2B Tech News | 1 months ago          

German Authorities Disrupt BADBOX Malware That Infected 30,000 Android Devices

After infecting 30,000 Android devices nationwide, the BADBOX malware operation was halted by German authorities. Some smartphones and tablets, video

After infecting 30,000 Android devices nationwide, the BADBOX malware operation was halted by German authorities. Some smartphones and tablets, video players, streaming devices, digital picture frames, and other gadgets with outofdate Android firmware had the malware preinstalled. BADBOX made it possible for nefarious behaviours like establishing fictitious accounts to disseminate false information, engaging in ad fraud by secretly opening websites, and serving as a home proxy for illicit activity. It might infect devices with more malware as well. Chinese threat actors behind the PEACHPIT botnet are connected to the operation, first reported by HUMANs Satori Threat Intelligence. The example underlines the risks of buying lowcost or fake technology, which may unintentionally pose security risks. Read More..

B2B Tech News | 1 months 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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