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Caution in China Baidu CEO Robin Li Raises Concerns on AI Model Development

The CEO of Baidu, Robin Li, has cautioned against Chinas unrestrained creation of huge language models, stating that it would result in resource waste

The CEO of Baidu, Robin Li, has cautioned against Chinas unrestrained creation of huge language models, stating that it would result in resource waste. Speaking at an event for the sector, Li stressed the value of concentrating on practical applications instead of continuously reconstructing massive, basic models. He saw a pattern in which Chinese enterprises and sectors invested significantly in hardware and data centres to train huge, proprietary models. Li pointed out that although huge models are widely used, only some AI applications are based on these models. To prevent needless repetition, he recommended developers base their creation of various native apps on a fixed number of significant models. Read More..

B2B Tech News | 1 years ago          

Chipping In Synopsys and Microsofts AI Collaboration for NextGen Chip Design

Leading chip design software vendor Synopsys has partnered with Microsoft to create its own "Copilot" version that helps with chip design. The perfect

Leading chip design software vendor Synopsys has partnered with Microsoft to create its own "Copilot" version that helps with chip design. The perfect placement of billions of transistors on a tiny silicon surface is a complex undertaking that takes years and hundreds of millions of dollars to complete chip design. Synopsys trained Microsofts Azure OpenAI system on a large amount of data in order to improve chip design accuracy. With the goal of addressing problems early in the design process and lowering the cost of repairing problems later on, Microsoft has tested the Synopsys system with its chip design teams. Read More..

B2B Tech News | 1 years ago          

Rising Prices Push Argentines Toward SecondHand Markets Amidst Economic Struggles

Struggling with over 140% inflation, Argentines are increasingly shopping at secondhand clothing stores to locate reasonably priced items or to get mo

Struggling with over 140% inflation, Argentines are increasingly shopping at secondhand clothing stores to locate reasonably priced items or to get more money by selling their old clothes. Living in poverty, twofifths of Argentinas population is facing its greatest crisis in decades. The nations continuous economic difficulties are affecting the runoff for president. Anger among voters about increasing prices has boosted the chances of the outsider Javier Milei, who is now slightly ahead of Economy Minister Sergio Massa in the polls. Due to severe financial troubles brought on by Octobers 142.7% inflation rate, many in Argentina began looking for alternatives, such as used clothes marketplaces. Read More..

B2B Tech News | 1 years ago          

Zelle Scam Reversal JPMorgan Chase & Bank of America Lead Refund Initiative

Banks using the Zelle payment system, such as Bank of America and JPMorgan Chase, have started to reimburse consumers who have fallen for impostor fra

Banks using the Zelle payment system, such as Bank of America and JPMorgan Chase, have started to reimburse consumers who have fallen for impostor frauds and reverse transactions that were completed by clients who were tricked into paying money to con artists. The federal consumer watchdog and US politicians expressed concerns, which prompted the action. The seven banks that control the peertopeer network, which includes Bank of America and JPMorgan Chase, have added a new reimbursement benefit for some sorts of scams. Legislators inquiries into an increase in fraud and predictions that Zelle customers lost $440 million to fraud in 2021 alone prompted the regulation change. Read More..

B2B Tech News | 1 years ago          

Piyush Goyal Unveils Teslas Vision Doubling Indian Component Imports

Indian Trade Minister Piyush Goyal has stated that Tesla intends to increase its imports of Indianmade components by twofold. After seeing Teslas Cali

Indian Trade Minister Piyush Goyal has stated that Tesla intends to increase its imports of Indianmade components by twofold. After seeing Teslas California factory, he posted the details on social networking site X. Tesla has previously declared that it will get parts from India worth between $1.7 billion and $1.9 billion this year. In the year prior, the business imported $1 billion worth of components from India. The purpose of Goyals visit was to talk about Teslas intentions to build a plant in India, produce a car that costs $24,000, find additional suppliers, and build up a statewide network of charging stations. Read More..

B2B Tech News | 1 years ago          

Seamless Shopping Amazon Strikes Deal with Snapchat for InApp Purchases

According to reports, Amazon and Snapchat have struck an agreement that would allow consumers to buy directly from Amazon through Snapchat advertiseme

According to reports, Amazon and Snapchat have struck an agreement that would allow consumers to buy directly from Amazon through Snapchat advertisements. This is in line with Amazons prior collaboration with Facebooks parent firm, Meta Platforms. Because of the partnership with Snapchat, American consumers may buy Amazon goods right inside the app, which shows realtime price, Prime eligibility, and shipping estimates. Amazon has not yet provided a statement, but this action is indicative of a rising trend in which ecommerce companies are connecting with social media apps to improve consumer convenience and expedite the purchase experience. Read More..

B2B Tech News | 1 years ago          

BiBiLinux Wiper Unleashed ProHamas Hackers Escalate Cyber Warfare Against Israel

ProHamas hackers are targeting Israeli organisations with hacks using a new wiper malware called BiBiLinux Wiper. On infected Linux systems, SecurityJ

ProHamas hackers are targeting Israeli organisations with hacks using a new wiper malware called BiBiLinux Wiper. On infected Linux systems, SecurityJoes, an Israeli incident response firm, found the virus. The wiper has a Windows counterpart known as BiBiWindows Wiper, and also targets Linux computers, resulting in permanent data loss. The name of the ransomware alludes to Israeli Prime Minister Benjamin Netanyahu and implies the involvement of a hacktivist organisation. No ransom demands are made, suggesting that confusion and devastation are the intended goals. The wider IsraelHamas conflict is reflected in the cyberwarfare, which is intensifying tensions by deploying and developing malware quickly. Read More..

B2B Tech News | 1 years ago          

Micron Faces Patent Lawsuit from YMTC

Yangtze Memory Technologies YMTC, a Chinese chipmaker, has sued Micron Technology, a competing company based in the United States, claiming that eight

Yangtze Memory Technologies YMTC, a Chinese chipmaker, has sued Micron Technology, a competing company based in the United States, claiming that eight of its patents about the creation, production, and use of 3D NAND technology have been violated. YMTC claims that Micron gained market dominance and repelled competitors by using its proprietary technologies, all without paying a fair portion for the ideas. A significant participant in the semiconductor business, Micron has encountered several difficulties in China, such as a disagreement with the governmentbacked chipmaker Fujian Jinhua and tighter regulations on the transfer of chipmaking technology to the country due to security concerns. Read More..

B2B Tech News | 1 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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