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Digital Edge Secures $1.6 Billion in Funding to Fuel Growth in Asia’s Data Center Market

Singaporebased data centre operator Digital Edge announced that it has raised more than $1.6 billion in new funding through debt and equity financing

Singaporebased data centre operator Digital Edge announced that it has raised more than $1.6 billion in new funding through debt and equity financing to support its expansion. New and old investors contributed to this transaction, consisting of about $1 billion in loan financing and $640 million in equity investments. To meet the increasing demand for cloud services and artificial intelligence throughout Asia, Digital Edge, a portfolio company of Stonepeak Investment Firm in New York, intends to use the money to strengthen its business. Founded in 2020, Digital Edge now oversees 21 data centres in several Asian nations, totalling approximately 500 megawatts in service or development, plus an additional 300 megawatts set aside for future projects. Read More..

B2B Tech News | 15 days ago          

Samsung’s Ballie AI Robot Set to Brighten Homes with Launch in 2025

In 2025, Samsung plans to release Ballie, a happy yellow AI robot companion. With improved AI capabilities, Ballie, first shown in 2020, has kept its

In 2025, Samsung plans to release Ballie, a happy yellow AI robot companion. With improved AI capabilities, Ballie, first shown in 2020, has kept its vivid yellow appearance and wheeled mobility. In addition to responding to voice instructions via integrated microphones, it has a Full HD triplelaser projector that can display material on various surfaces. By integrating with smart home appliances, Ballie can project video content, adjust lights, and provide consumers with information. Although Samsung stresses that Ballie will be adaptable to different lifestyles, total specifications and pricing information are still forthcoming. The introduction is expected to take place simultaneously with Samsungs new VisionAI suite, which emphasises customisation. Read More..

B2B Tech News | 15 days ago          

Critical Security Flaw in iTerm2 Terminal Emulator Exposes SSH Data

A critical security flaw in iTerm2, a popular macOS terminal emulator, was found and fixed. Sensitive user data may have been exposed during SSH sessi

A critical security flaw in iTerm2, a popular macOS terminal emulator, was found and fixed. Sensitive user data may have been exposed during SSH sessions due to the problem, which affected beta releases from 3.5.6 onwards and versions 3.5.6 to 3.5.10. The problem was caused by a defect in the SSH integration feature, which recorded user input and output to a file that other users could read on the remote system. In version 3.5.11, the incorrect logging code was removed, and developer George Nachman expressed regret. To reduce the risk of data exposure, users using SSH integration in any of the impacted versions are encouraged to update right away to version 3.5.11 and remove the susceptible log file from remote hosts. Read More..

B2B Tech News | 15 days ago          

OpenAI Unveils o3 AI Models with Breakthrough Reasoning Capabilities

The reasoningbased o3 AI models, which OpenAI unveiled, exhibit notable advancements over their predecessors. At 85% on the ARCAGI benchmark, the o3 m

The reasoningbased o3 AI models, which OpenAI unveiled, exhibit notable advancements over their predecessors. At 85% on the ARCAGI benchmark, the o3 model matched average human performance and outperformed the prior best by 30%. This does not, however, indicate that AGI or intellect is comparable to that of humans. Since OpenAI allegedly focuses on building GPT5, the o3 model most likely earned its high score through optimisation and improved reasoning procedures without requiring significant architectural changes. Gridbased pattern recognition and reasoning are tested using the ARCAGI benchmark, which showcases o3s enhanced capabilities. Despite its remarkable capabilities, scientists think artificial intelligence is still years away. OpenAI has not yet disclosed technical information or verified any innovations indicating that o3 achieves general intelligence levels. Read More..

B2B Tech News | 15 days ago          

Hugging Face Unveils Smolagents A Minimalistic AI Agent Library

Hugging Face has released Smolagents, a little code library that is made to make building AI agents easier. Around 1,000 lines of code that define fun

Hugging Face has released Smolagents, a little code library that is made to make building AI agents easier. Around 1,000 lines of code that define fundamental AI agent logic are included in the library, which enables developers to combine it with opensource or specific cloudbased large language models LLMs. Smolagents focuses on singletask agents that can carry out coded operations without producing code. The platform allows developers to publish tools for action execution or external data collection for community use. The library facilitates sandboxed testing through E2B and offers ToolCallingAgent for textbased or JSONbased activities. Hugging Face envisions Smolagents as a simplified method of implementing AI agents in practical use cases such as trip planning. Read More..

B2B Tech News | 15 days ago          

Mazda to Build LithiumIon Battery Module Plant in Iwakuni City

Mazda Motor plans to build a new facility in Iwakuni City, Yamaguchi Prefecture, Japan, to manufacture automobile cylindrical lithiumion battery cell

Mazda Motor plans to build a new facility in Iwakuni City, Yamaguchi Prefecture, Japan, to manufacture automobile cylindrical lithiumion battery cell modules and packs. The facility will use Panasonic Energyprovided battery cells, a significant milestone in Mazdas electrification plan. This program supports the automakers mission to advance sustainable transportation solutions by improving its electric car capabilities. The new plant demonstrates Mazdas dedication to utilising cuttingedge battery technology to satisfy the rising demand for electric vehicles. Mazda hopes to guarantee a steady and effective production process by collaborating with Panasonic Energy to offer cylindrical lithiumion cells, supporting its goal of lowering emissions and advancing ecologically friendly transportation options. Read More..

B2B Tech News | 15 days ago          

India’s Quality Control Orders QCOs Hinder Economic Growth and Global Trade Integration

India is unintentionally hurting its economic interests with its recent trade policies, especially the imposition of Quality Control Orders QCOs. Desi

India is unintentionally hurting its economic interests with its recent trade policies, especially the imposition of Quality Control Orders QCOs. Designed initially to impose quality requirements on imports, these QCOs have evolved into instruments for limiting foreign commodities, impacting everything from chemicals to shoes. These orders erratic and widespread implementation upset supply chains and led to monopolies, eventually lowering productivity and impeding job development. Notwithstanding efforts to shield customers against inferior imports, particularly those from China, the problem is made worse by the inadequacy and incapacity of certifying bodies such as the Bureau of Indian Standards. Indias economic expansion and inclusion into international trade networks may be jeopardised by this strategy. Read More..

B2B Tech News | 18 days ago          

India Delays Implementation of Digital Payments Market Share Caps to December 2026

Walmartsupported Google Pay and PhonePe have benefited from India delaying the introduction of market share caps for digital payments. The National Pa

Walmartsupported Google Pay and PhonePe have benefited from India delaying the introduction of market share caps for digital payments. The National Payments Corporation of India NPCI said that the new cap, originally scheduled to go into effect at the end of 2024, will start in December 2026 and limit corporations to a 30% share of the unified payments interface UPI transaction volume. With a combined processing volume of 13.1 billion transactions in November, PhonePe currently enjoys a 47.8% market share, while Google Pay accounts for 37%. The purpose of the postponement is to encourage the expansion of the UPI ecosystem and give other participants more opportunities to increase their market share. Read More..

B2B Tech News | 18 days ago          



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