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AMD Forecasts $7.4 Billion Revenue Amid Strong AI Chip Demand

Strong demand for AI chips has led AMD to project secondquarter sales of approximately £7.4 billion, exceeding Wall Streets expectation of £7.25 bil

Strong demand for AI chips has led AMD to project secondquarter sales of approximately £7.4 billion, exceeding Wall Streets expectation of £7.25 billion. AMD anticipates doubledigit growth in its data centre AI business, thereby strengthening its competitive position against Nvidia, despite U.S. export restrictions on AI processors to China. The company expects these restrictions to reduce revenue by £1.5 billion, yet remains optimistic about AI sales in the long term. AMDs data centre division grew by 57% year on year to £3.7 billion, reflecting Microsoft and Metas ongoing commitment. AMDs resilience in the face of trade concerns is underscored by this positive prediction, positioning the company for substantial growth in 2025. Read More..

B2B Tech News | 1 months ago          

SK Telecom Breach Exposes 25 Million Users, Chairman Issues Public Apology

In response to a significant data breach affecting 25 million users at SK Telecom, the largest mobile carrier in South Korea, SK Group Chairman Chey T

In response to a significant data breach affecting 25 million users at SK Telecom, the largest mobile carrier in South Korea, SK Group Chairman Chey Taewon has issued a public apology. SK Telecom offered free USIM card replacements to prevent identity theft following the breach, which was attributed to a malware attack discovered on 18 April. In addition to promising a thorough cybersecurity investigation alongside external experts, Chey acknowledged the security oversight. He emphasised that data security, not merely IT security, should be regarded as a matter of national defence. Furthermore, SK Telecom has encouraged users to sign up for its USIM Protection Service, which provides the same level of protection as new cards. Read More..

B2B Tech News | 1 months ago          

Google Unveils Gemini 2.5 Pro Preview, Elevating AIPowered Coding

Ahead of Google I/O 2025, Google has released the Gemini 2.5 Pro Preview, an enhanced version of its flagship AI model. With improved coding capabilit

Ahead of Google I/O 2025, Google has released the Gemini 2.5 Pro Preview, an enhanced version of its flagship AI model. With improved coding capabilities, the model excels in agentic processes, code transformation, and editing. Its ability to create dynamic web applications is evidenced by its #1 ranking on the WebDev Arena Leaderboard. Demis Hassabis, CEO of Google DeepMind, referred to it as the finest coding model ever produced, emphasising its proficiency in prototyping concepts. The model is readily accessible for developers through the Gemini app, Vertex AI, and Google AI Studio. Read More..

B2B Tech News | 1 months ago          

Nvidia Unveils DOCA Argus to Safeguard AI Factories from Cyber Threats

The cybersecurity framework DOCA Argus, introduced by Nvidia, aims to protect AI factories by identifying and addressing threats instantly. While moni

The cybersecurity framework DOCA Argus, introduced by Nvidia, aims to protect AI factories by identifying and addressing threats instantly. While monitoring AI workloads, Argus, which operates on Nvidia BlueField DPUs, provides agentless security with zero system overhead. Even if the system is compromised, attackers cannot detect Argus since it operates independently of the host, unlike traditional security solutions. By integrating with SIEM, SOAR, and XDR security solutions, the framework allows businesses to automate threat mitigation. Nvidias initiative bolsters its entry into cybersecurity and enhances its AI infrastructure portfolio. Read More..

B2B Tech News | 1 months ago          

Anonymous Hackers Deface GlobalX Website, Claiming Data Theft in Protest

Anonymousaffiliated hackers have vandalised the website of GlobalX, a company that operates aircraft for deportations from the United States, claiming

Anonymousaffiliated hackers have vandalised the website of GlobalX, a company that operates aircraft for deportations from the United States, claiming to have stolen passenger manifests and flight logs. Anonymous stated it was "enforcing the judges order" when the attack occurred, following a court decision that deemed certain deportations illegal. The hackers released a statement on the website referencing earlier deportations to El Salvador and condemning the policies of the Trump administration. Despite GlobalXs silence regarding the hack, reports indicate that the stolen data could shed light on deportation activities. Even after the website was restored, questions surrounding data security and the political goals of the attack remain. Read More..

B2B Tech News | 1 months ago          

Cisco Unveils Quantum Networking Chip, Expanding Instantaneous Communication

Cisco has opened a Quantum Labs site in Santa Monica, California, and unveiled a quantum networking chip that links quantum computers. Developed in co

Cisco has opened a Quantum Labs site in Santa Monica, California, and unveiled a quantum networking chip that links quantum computers. Developed in collaboration with UC Santa Barbara, the chip enables quantum entanglement, which Einstein famously dubbed "spooky action at a distance", and facilitates instantaneous communication between systems. To support applications such as meteorite detection and financial trade synchronisation, Cisco aims to scale quantum networks. The chip consumes less than 1.1 mW of power, is energyefficient, and operates at telecom wavelengths. It also integrates with existing infrastructure. Cisco, which prioritises networking over qubit development, joins Google, Microsoft, and Nvidia in pushing forward quantum computing. Read More..

B2B Tech News | 1 months ago          

Binance and Kyrgyzstan Partner to Expand Crypto Payments and Web3 Adoption

Binance has teamed up with the National Agency for Investments of the Kyrgyz Republic to launch cryptocurrency payments and raise awareness of Web3. S

Binance has teamed up with the National Agency for Investments of the Kyrgyz Republic to launch cryptocurrency payments and raise awareness of Web3. Signed at the Council for the Development of Digital Assets, the deal allows cryptocurrency transactions and crossborder payments throughout Central Asia and the Eurasian Economic Union EAEU by integrating Binance Pay into Kyrgyzstans financial system. Additionally, Binance Academy will assist educational initiatives that promote Web3 usage and financial knowledge. The plan was approved by Kyrgyz President Sadyr Japarov, who saw it as a step towards modernising the nations digital economy. Through the development of digital assets, the cooperation promotes economic growth and fortifies Kyrgyzstans crypto infrastructure, establishing it as a regional leader in blockchain adoption. Read More..

B2B Tech News | 2 months ago          

Bank of Japan Holds Rates at 0.5% Amid Trade Uncertainty and Tariff Risks

Because of the uncertainty surrounding global trade and the pressure from U.S. tariffs, the Bank of Japan BOJ has decided to maintain interest rates a

Because of the uncertainty surrounding global trade and the pressure from U.S. tariffs, the Bank of Japan BOJ has decided to maintain interest rates at 0.5%. Japans inflation target of 2% has been postponed, Governor Kazuo Ueda admitted, which limits the window for rate increases in the future. The decision is complicated by external volatility, but internal variables such as growing wage expectations and food inflation continue to drive the BOJ towards a tightening bias. The BOJ may postpone rises until January 2026, according to analysts, in order to prevent market disruptions. After the decision, the yen fell to 144.74 per dollar, sparking worries about currency devaluation and trade tensions with the United States. Read More..

B2B Tech News | 2 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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