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OpenAIs ChatGPT4 Turbo Revolutionizes AI with Custom Agents for All

OpenAI, led by Sam Altman, entices developers with reduced pricing and customizable AI "agents" like ChatGPT4 Turbo, catering from laundry advice to n

OpenAI, led by Sam Altman, entices developers with reduced pricing and customizable AI "agents" like ChatGPT4 Turbo, catering from laundry advice to negotiations. Altman anticipates AI ubiquity, empowering individuals with "superpowers on demand." Over 2 million developers engage with OpenAI, with ChatGPTs 100 million weekly users. Amid AI race spurred by ChatGPTs launch, global concerns prompt regulatory actions. President Bidens executive order seeks US leadership in AI risk management. OpenAI responds with a Turbo version and customizable GPTs, aiming for a GPT "store" where developers can monetize their creations. Microsoft heavily invested in OpenAI, integrating its tech into Bing. These strides democratize conversational AI for wider adoption. Read More..

B2B Tech News | 1 years ago          

Ignite Unveils Microsofts Custom AI Chips Maia 100 & Cobalt 100 Take Center Stage

Microsoft debuted new custom AI chips—Azure Maia 100 for running big language models and training AI, and Azure Cobalt 100 CPU for general computing

Microsoft debuted new custom AI chips—Azure Maia 100 for running big language models and training AI, and Azure Cobalt 100 CPU for general computing tasks—at its Ignite conference. Maia 100, on a 5nm architecture, handles AI workloads for Azure services like Bing and Microsoft 365. Cobalt 100, an Armbased CPU with 128 cores, boosts efficiency in cloud services. These chips will be in Azure data centers next year, exclusively powering Microsofts AI services, while NVIDIA GPUs will also join to support larger language models. Read More..

B2B Tech News | 1 years ago          

Blackstone Leads Race for FDICs $17 Billion Signature Bank Loan Portfolio

According to reports, Blackstone is leading the competition to buy the $17 billion portfolio of commercial real estate loans from the sale of debt hel

According to reports, Blackstone is leading the competition to buy the $17 billion portfolio of commercial real estate loans from the sale of debt held by Signature Bank by the Federal Deposit Insurance Corp. FDIC in the United States. In September, the failing Signature Banks $33 billion commercial real estate loan portfolio was listed for sale by the FDIC. It is also reported that Starwood Capital Group and Brookfield Asset Management are among the other finance firms vying for the portfolio. Furthermore, the Wall Street Journal reports that a partnership between two charitable organisations and Related Fund Management is expected to prevail in an auction for billions of dollars worth of Signature Bank debts secured by New York apartment buildings. Read More..

B2B Tech News | 1 years ago          

Westpac to Raise $488 Million in Additional Tier 1 Capital Transaction

The thirdbiggest bank in Australia, Westpac Banking Corp., has disclosed that it intends to raise AUD 750 million $488.1 million through an Additional

The thirdbiggest bank in Australia, Westpac Banking Corp., has disclosed that it intends to raise AUD 750 million $488.1 million through an Additional Tier 1 AT1 capital transaction. At the lower end of the suggested margin range, bids totalling AUD 2.35 billion have been made by investors. The notes are predicted to have an interest margin of 3.3% to 3.10% when released for AUD 100 apiece. The bookbuild procedure will decide the ultimate margin. The purpose of AT1 bonds is to support banks in managing their cash flow during difficult times. In September, the Australian Prudential Regulation Authority APRA declared that the AT1 bond regulations will be reviewed. Read More..

B2B Tech News | 1 years ago          

Publicis Group CFO MichelAlain Proch Appointed as LSEGs CFO, Succeeding Anna Manz

With effect from March 1, 2024, MichelAlain Proch has been named the next Chief Financial Officer CFO of the London Stock Exchange Group LSEG. The adv

With effect from March 1, 2024, MichelAlain Proch has been named the next Chief Financial Officer CFO of the London Stock Exchange Group LSEG. The advertising giant Publiciss Group CFO, Proch, is set to take over for Anna Manz, who left the position in May. In addition to announcing intentions to give back one billion pounds to shareholders in 2024, LSEG recently raised its midterm growth target to "midtohigh single digits". The business is concentrating on expanding beyond acquiring analytics and data provider Refinitiv. Read More..

B2B Tech News | 1 years ago          

Asian Markets Outside Japan Surge 0.8% on Broad Economic Optimism

Solid earnings and demand from outside markets propelled Japanese equities to their best levels since 1990, with the Nikkei rising 8.2% for the month.

Solid earnings and demand from outside markets propelled Japanese equities to their best levels since 1990, with the Nikkei rising 8.2% for the month. A weakened dollar resulted from the activities of Chinas central bank, which raised the yuans value. International Asian stocks increased by 0.8%. There may have been a tentative deal reached by Israel, the US, and Hamas for a fiveday ceasefire in the Gaza conflict. As the central bank kept interest rates unchanged, Chinese blue chips declined. Thanksgiving and Black Friday sales are anticipated by US markets. While the S&P 500 has gained 18% this year, megacap tech stocks have done better. Analysts anticipate an update on Nvidias AIrelated product demand. Bond yields decreased when the US currency declined. Read More..

B2B Tech News | 1 years ago          

Strategic Shift Microsoft Considers Board Role at OpenAI

Microsoft, the most prominent backer of OpenAI, is allegedly considering joining the board if Sam Altman, the fired CEO, rejoins the ChatGPT developer

Microsoft, the most prominent backer of OpenAI, is allegedly considering joining the board if Sam Altman, the fired CEO, rejoins the ChatGPT developer. The position could entail serving as an observer on the board of directors of OpenAI without the ability to vote. Elon Musk, Sam Altman, and other cofounders of OpenAI have drawn a lot of attention to the company for its artificial intelligence research and development, which includes creating the potent language model GPT3 Generative Pretrained Transformer 3. Microsoft has been a significant investor and partner of OpenAI this decision may indicate that Microsoft is now more deeply involved in OpenAIs strategic direction. Read More..

B2B Tech News | 1 years ago          

Indian HackforHire Group, Appin Software, Exposed in DecadeLong Spying

For more than ten years, Appin Software Security, an Indian hackerforhire organisation, has been engaged in disruptive operations, monitoring, and esp

For more than ten years, Appin Software Security, an Indian hackerforhire organisation, has been engaged in disruptive operations, monitoring, and espionage. The organisations targets were the U.S., China, Myanmar, Pakistan, Kuwait, and other nations. Initially founded as an educational firm, Appin has been conducting covert hacking activities since at least 2009 and providing offensive security training programmes. The gang has operated hacking against firms engaged in specific legal issues, governmental entities, and highvalue people. Appins operations significantly influenced global affairs and were highly successful for its clients. The corporation has denied any involvement with the hackforhire industry. The conclusions are based on confidential information that Reuters was able to access. Read More..

B2B Tech News | 1 years 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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