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India Approves Construction of Three Semiconductor Plants, Aims to Become Chip Hub

India has taken a big step towards becoming a significant chip centre by approving the development of three semiconductor facilities. These factories,

India has taken a big step towards becoming a significant chip centre by approving the development of three semiconductor facilities. These factories, which have invested more than $15 billion, will strengthen Indias position in chip manufacturing and cuttingedge packaging technology. One of the fabrication sites in Gujarat will be constructed by Tata Electronics and Taiwans Powerchip Semiconductor Manufacturing Corp., emphasising 28nanometer technology for various industries. Furthermore, CG Power will open a second facility in Gujarat in collaboration with Renesas Electronics Corporation of Japan and Stars Microelectronics of Thailand. In contrast, Tata Semiconductor Assembly and Test Pvt Ltd will open a plant in Assam. To bolster Indias semiconductor industry and generate employment, these programmes are drawing in foreign chip makers looking to expand their business in the face of geopolitical unpredictability. Read More..

B2B Tech News | 2 years ago

Dell Technologies Surges in AfterHours Trading on Strong AI Server Demand

A strong demand for its AI servers led Dell Technologies to surpass Wall Street forecasts for both revenue and profit this year. In afterhours trade,

A strong demand for its AI servers led Dell Technologies to surpass Wall Street forecasts for both revenue and profit this year. In afterhours trade, the companys shares increased by more than 16%. Dell owes its success to the growing demand for AI servers outfitted with Nvidias GPUs, which has seen a roughly 40% consecutive rise in orders. Furthermore, Dell expects the PC industry to rebound, helped by the upcoming cycle of PC refreshes and the longterm effects of AI. Dell exceeded expectations even though it reported an 11% fall in revenue for the fourth quarter. The Client Solutions Group, which houses PCs, suffered a roughly 12% loss in revenue. In comparison, the Infrastructure Solutions Group witnessed a 6% decline. Dell anticipates sales for the fiscal year of between $91 billion and $95 billion, above expert projections. Read More..

B2B Tech News | 2 years ago

Particle.news Revolutionizing News Consumption with AI Summaries

With the help of AIpowered summaries, Particle.news, founded by former Twitter programmers, hopes to transform how people consume news. Particle, whic

With the help of AIpowered summaries, Particle.news, founded by former Twitter programmers, hopes to transform how people consume news. Particle, which Sara Beykpour and Marcel Molina cofounded, provides a customised news experience while paying publishers and writers properly. The website offers condensed summaries from several publishers, allowing visitors to go further if they want. Particle has started its private beta with $4.4 million in initial funding, which includes contributions from Ev Williams and Scott Belsky. In contrast to Artefact, the Particle ensures a balanced viewpoint by drawing from various sources across the political spectrum. Although the approach shows promise, concerns regarding publisher remuneration remain despite Beykpours assurances of justice and continuous communication with publishers. The crew at Particle, which gained knowledge from Twitter, is wellequipped to handle news difficulties in the digital era. Read More..

B2B Tech News | 2 years ago

ManageEngine and Check Point Collaborate to Tackle Mobile Threats

ManageEngine, a branch of Zoho Corporation that handles IT administration, has announced that Check Points Harmony Mobile and Endpoint Central have be

ManageEngine, a branch of Zoho Corporation that handles IT administration, has announced that Check Points Harmony Mobile and Endpoint Central have been integrated. The goal of this partnership is to automate threat remediation for mobile devices, which is essential at a time when fraudsters use mobile devices to compromise networks. The integration tackles a variety of risks, including phishing and malware, as one in ten organisations will be impacted by mobile malware in 2022. By integrating both solutions, customers gain expedited mobile threat detection, prioritisation, and remediation. While Jason Min, Head of Business Development at Check Point, emphasises the companys integrated approach to comprehensive endpoint management and security, Mathivanan Venkatachalam, Vice President at ManageEngine, underscores the companys dedication to enhancing endpoint security. Read More..

B2B Tech News | 2 years ago

Mphasis Launches DeepInsights Doc AI A New Era in Document Processing

Mphasis presents DeepInsights Doc AI, a generative AIpowered intelligent document processing system. With this platform, businesses may extract contex

Mphasis presents DeepInsights Doc AI, a generative AIpowered intelligent document processing system. With this platform, businesses may extract contextspecific data from documents in any format and integrate it with other IT systems to get insights that can be used. It provides Domainspecific language comprehension. Multimodal material retrieval. Factbased content production. Actionable suggestions that may be tailored to meet the demands of a company. DeepInsights Doc AI uses trainable pipelines to expedite document processing and is optimised for cloud deployments. The CEO of Mphasis, Nitin Rakesh, emphasises how important it is for improving risk management, customer service, and efficiency. Mphasis remains dedicated to promoting generative AI innovation, as demonstrated by its strategic alliances and specialised AI business unit that serves a wide range of client requirements. Read More..

B2B Tech News | 2 years ago

Microsoft Launches AI Tool "Microsoft Copilot for Finance" to Enhance Financial Analysis

Microsoft Copilot for Finance, the companys newest artificial intelligence technology, was introduced to enable finance departments to effectively man

Microsoft Copilot for Finance, the companys newest artificial intelligence technology, was introduced to enable finance departments to effectively manage activities, create reports, and analyze data sets. This tool is consistent with Microsofts approach to customizing software for particular professions and industries. Microsoft Copilot for Finance is anticipated to increase productivity and decrease dependency on outsourcing, much as AI technologies for sales and customer support. Microsoft made hints about upcoming Copilot products for supplychain and marketing tasks, while price and availability information is still pending. Salesforce, which also provides AI helpers for sales and support duties, may face more competition due to this move. Microsoft demonstrated how its AI works with CRM systems to automate tasks and lessen the need for human CRM updates. Charles Lamanna, a Microsoft corporate vice president, emphasized the transformative potential of AI in reshaping business models Read More..

B2B Tech News | 2 years ago

Intel CEO Sandra Rivera Sees Lucrative AI Potential for Altera Unit

Sandra Rivera, the CEO of Intel, emphasised the profitable possibilities of artificial intelligence for the businesss independent programmable chip di

Sandra Rivera, the CEO of Intel, emphasised the profitable possibilities of artificial intelligence for the businesss independent programmable chip division, which is now referred to as "Altera, an Intel company." Rivera stressed that Alteras programmable chips bridge the gap between generalpurpose AI chips like Nvidia and specialised processors from cloud giants like Amazon, making them ideal for AI applications. Rivera believes programmable chips will eventually fill a significant gap in the fastchanging AI hardware ecosystem. Although market projections for programmable chips range from $8 to $10 billion by 2023, Rivera thinks there may be a more significant possibility because of the part these chips play in different phases of the AI workflow. These chips are based on the Agilex series that Intel currently produces through Intel Foundry. Rivera alluded to possible manufacturing agreements for the next Agilex 3 chips. Read More..

B2B Tech News | 2 years ago

Paramount Global Reports Quarterly Revenue of $7.64 Billion, Below Wall Street Estimates

Despite missing Wall Street predictions on revenue, Paramount Global shocked investors with a 4cent profit per share, exceeding expectations of a 1cen

Despite missing Wall Street predictions on revenue, Paramount Global shocked investors with a 4cent profit per share, exceeding expectations of a 1cent loss. The company reported quarterly revenue of $7.64 billion. CEO Bob Bakish expressed optimism that Paramount+ will turn a profit domestically by 2025. Surpassing forecasts, Paramount+ attracted 4.1 million new members in the quarter, demonstrating the increasing appeal of the streaming service. The business anticipates "low to midteens advertising growth" in the first quarter, exhibiting signs of stabilisation despite difficulties in the advertising industry. The findings coincide with discussions about industry consolidation, as the CEO of Skydance Media is considering a bid to buy National Amusements, Paramount Globals parent company. Although its TV media business has seen a dip in income, Paramount Global is nevertheless optimistic about the development prospects of its streaming operation. Read More..

B2B Tech News | 2 years 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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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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