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Egypt’s Urban Inflation Falls to 23.0% in January, Easing Price Pressures

A recent survey found that Egypts annual urban inflation fell from 24.1% in December to 23.0% in January. Even though the cost of building materials f

A recent survey found that Egypts annual urban inflation fell from 24.1% in December to 23.0% in January. Even though the cost of building materials fluctuates, analysts explain the drop to a favourable base effect and constant food and pharmaceutical prices. Additionally, a decline in core inflation to 21.8% is anticipated. Following an inflation peak of 38% in September 2023, this represents more alleviation. Rapid money supply expansion, which reached a record 31.07% in 2024, is still a worry. CAPMAS is scheduled to announce its official inflation data on Monday. Read More..

B2B Tech News | 2 months ago          

Nissan Ends Merger Talks with Honda, Explores New Partnerships

According to insiders, Nissan has terminated its merger negotiations with Honda after turning down a plan to become a subsidiary. Nissan is currently

According to insiders, Nissan has terminated its merger negotiations with Honda after turning down a plan to become a subsidiary. Nissan is currently looking to collaborate with IT companies, such as Foxconn in Taiwan, as part of its openness to new alliances. Foxconn had previously approached Nissan about an EV collaboration but was rejected. Growing disagreements prevented the successful Honda purchase from creating the thirdlargest carmaker in the world. Before the companys Q3 earnings report, Nissans board is anticipated to announce its departure formally. The companys next course of action is yet unknown as it is in a turnaround phase, having reduced capacity by 20% and 9,000 employees. Read More..

B2B Tech News | 2 months ago          

Canada’s BCI Acquires BBGI Global Infrastructure in £1.06 Billion Deal

The acquisition of BBGI Global Infrastructure S.A. by Canadas BCI, one of the most prominent asset managers in the nation, is expected to cost £1.06

The acquisition of BBGI Global Infrastructure S.A. by Canadas BCI, one of the most prominent asset managers in the nation, is expected to cost £1.06 billion $1.32 billion. The offer of 147.5 pence per share lifts BBGIs stock about 19% in early trading, representing a 21% premium over the companys last closing price. A significant infrastructure fund registered in the UK, BBGI owns infrastructure such as tunnels, bridges, and medical and educational facilities. As the UK government works to draw in foreign investment by loosening rules, this acquisition continues a pattern of foreign buyers focusing on companies listed in London. The merger has been proposed for shareholder approval by BBGIs board. Read More..

B2B Tech News | 2 months ago          

Sam Altman Proposes ‘Stargate Europe’ AI Initiative to Boost Innovation

A "Stargate Europe" AI venture, akin to the U.S.backed Stargate project, which is expected to garner up to $500 billion in funding over five years, is

A "Stargate Europe" AI venture, akin to the U.S.backed Stargate project, which is expected to garner up to $500 billion in funding over five years, is something that OpenAI CEO Sam Altman indicated interest in launching. Altman stressed Europes need to use AI to maintain competitiveness and ensure adherence to European standards while speaking at the Technical University of Berlin. OpenAI announced opening a new office in Munich as part of its development, joining its current operations in Brussels, Paris, London, and Dublin. Altman and other European leaders will attend an AI summit in Paris, reaffirming OpenAIs dedication to promoting AI innovation throughout the continent. Read More..

B2B Tech News | 2 months ago          

TECHEAGLE Unveils First Responder Drone for Rapid Emergency Deployment

The First Responder Drone, an autonomous UAV made for quick emergency response, has been introduced by TECHEAGLE. The drone, which can operate in 120

The First Responder Drone, an autonomous UAV made for quick emergency response, has been introduced by TECHEAGLE. The drone, which can operate in 120 seconds, can traverse various terrains and support environmental monitoring, law enforcement, and disaster relief. The increasing need for UAVs in crisis management was demonstrated by TECHEAGLEs acquisition of a significant contract with the Disaster Authorities of the Himachal State Government. CEO Vikram Singh Meena highlighted its excellent range, payload, and costeffectiveness compared to international rivals. Its realtime information, mapping, and rescue mission capabilities improve response team coordination. TECHEAGLE announced a ₹100 crore investment ahead of Aero India 2025 to increase production, establish strategic alliances, and satisfy growing demands from international emergency teams, security forces, and state agencies. Read More..

B2B Tech News | 2 months ago          

GitHub Copilot Gets Smarter AI Can Now Fix Errors & Suggest Commands

The GitHub One of the new things that Copilot is bringing to the table is an "agent mode" that lets the AI independently make changes to its code, cor

The GitHub One of the new things that Copilot is bringing to the table is an "agent mode" that lets the AI independently make changes to its code, correct mistakes, and recommend terminal commands. Now widely accessible, Copilot Edits lets programmers use plain language to rewrite or modify code across several files. Claude 3.5 Sonnet, Gemini 2.0 Flash, and GPT4o are used in the tools dualmodel design to provide contextual knowledge. The AI software engineer SWE agent Project Padawan, which GitHub recently introduced, will create pull requests that have been thoroughly vetted and designate human reviewers. The AI will do coding jobs on its own in a safe cloud sandbox. With these enhancements, Copilot can now help engineers write, debug, and improve code more effectively. Read More..

B2B Tech News | 2 months ago          

Mistral’s Le Chat AI Expands to iOS & Android with UltraFast Responses

Moving beyond its web client, Mistral has released iOS and Android apps for Le Chat, its AI assistant. With the help of Mistrals LLMs, the chatbot can

Moving beyond its web client, Mistral has released iOS and Android apps for Le Chat, its AI assistant. With the help of Mistrals LLMs, the chatbot can manage sandboxed code execution, multimodal input, general queries, web searches, and image production. The application can produce up to 1,000 words per second and has rapid response times. Additionally, it generates highquality images using the Flux Ultra model from Black Forest Labs. Mistral launched two new subscription tiers Team $24.99/month per user for commercial use and Pro $14.99/month for quality models and unlimited communications. Furthermore, Le Chat Enterprise enables businesses to install the chatbot on local servers safely. The app wants to compete with Copilot, Claude, Gemini, and ChatGPT. Read More..

B2B Tech News | 2 months ago          

ByteDance Unveils OmniHuman AI Model Creates Lifelike FullBody Human Videos

The AI videogeneration framework OmniHuman, developed by ByteDance, can produce lifelike human videos with lipsyncing and fullbody movement. To make v

The AI videogeneration framework OmniHuman, developed by ByteDance, can produce lifelike human videos with lipsyncing and fullbody movement. To make videos, including textprompted animations, the model needs a human picture and motion signals, which can be either audio, video, or both. To overcome the lack of data, OmniHuman uses "omniconditions training," which combines text, image, audio, and video modalities. It performs better than current techniques after being trained on 18,700 hours of human video data. Despite ongoing worries about deepfakes, demonstrations feature realistic hand gestures, lipsyncing, and body movements. The AI model is in the public domain but cannot be downloaded or used directly now. An article on arXiv details the research, representing ByteDances ongoing foray into AIpowered multimedia production. Read More..

B2B Tech News | 2 months ago          



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