HEADLINES
Challenges Mount for Qualcomm as It Slashes Over 1,200 Jobs
Qualcomm, the worlds leading smartphone chip manufacturer, is planning significant job cuts, with 1,258 positions being eliminated in San Diego and Sa
Qualcomm, the worlds leading smartphone chip manufacturer, is planning significant job cuts, with 1,258 positions being eliminated in San Diego and Santa Clara, California. These layoffs will affect a wide range of roles, with over 750 job cuts in engineering, and the rest in various departments. The reductions will begin in midDecember, and this disclosure is specific to their California locations. Qualcomm is facing a revenue decrease of approximately 19% in the current fiscal year, as it seeks to diversify its product offerings beyond the smartphone market, which still makes up a significant portion of its sales. This is due to slowerthanexpected demand for phones, especially in China. B2B Tech News | 1 years ago
Toyota Accelerates EV Ambitions with SolidState Battery Collaboration
Toyota, Japans leading automaker, has partnered with the major Japanese oil company Idemitsu to develop technology for massproducing solidstate batter
Toyota, Japans leading automaker, has partnered with the major Japanese oil company Idemitsu to develop technology for massproducing solidstate batteries for electric vehicles EVs. This collaboration is a significant move for Toyota, aiming to catch up with competitors like Tesla and BYD in the EV market. Toyota has been slower to enter the EV market due to its focus on successful hybrid vehicles like the Prius. Toyota and Idemitsu plan to commercialize solidstate batteries by 20272028, leveraging Toyotas production expertise and Idemitsus material technologies. Toyotas CEO, Koji Sato, expressed confidence in their progress, emphasizing the stability and durability of the materials developed. B2B Tech News | 1 years ago
Singapore Takes the Lead in AI and ML Investment
Singaporean businesses are leading the world in AI and ML investment, according to a study by Workday, a cloudbased finance and HR solutions provider.
Singaporean businesses are leading the world in AI and ML investment, according to a study by Workday, a cloudbased finance and HR solutions provider. The "CSuite Global AI Indicator Report," which surveyed 2,355 global business leaders, focuses on the impact of AI and ML on the workforce. The research reveals that Singaporean companies allocate an average of 24% of their annual budget to AI and ML, outpacing the United States 22% and Canada 21%, as well as the global average of 18%. Additionally, Singaporean businesses are optimistic about the longterm potential of AI and ML, with half of the respondents believing these technologies will significantly enhance human capabilities. B2B Tech News | 1 years ago
ZoomInfo Utilizes AI for Accurate Global B2B Data at Scale
ZoomInfo, a platform for customer acquisition and growth, has announced a significant expansion of its global B2B data. It now encompasses 321 million
ZoomInfo, a platform for customer acquisition and growth, has announced a significant expansion of its global B2B data. It now encompasses 321 million professional contacts at 104 million companies, with a particular focus on international markets in Europe, Asia, and Australia, offering access to over 200 million business contacts outside of North America. This expansion enhances the capabilities of sales and marketing teams targeting international markets, with a commitment to data accuracy through AI technology and a dedicated research team of 300+ experts verifying data. B2B Tech News | 1 years ago
Asias Yokogawa Electric Corporation Strengthens Avelias SAF Initiative
Yokogawa Electric Corporation, based in Asia, has become the first industrial automation customer to join Avelia, a blockchain platform for sustainabl
Yokogawa Electric Corporation, based in Asia, has become the first industrial automation customer to join Avelia, a blockchain platform for sustainable aviation fuel SAF. Avelia, launched in 2022 with Shell and Accentures involvement, along with support from the Energy Web Foundation and American Express Global Business Travel, aims to boost the demand for SAF to support the aviation industrys goal of achieving netzero emissions. SAF, when used independently, can reduce carbon emissions by up to 80% compared to traditional fossil fuels and is a key element in decarbonizing air travel. B2B Tech News | 1 years ago
Anthology Plans to Outpace Industry Growth with New AI Solutions
Anthology, a USbased global edtech company with an R&D center in Chennai, aims to expand its footprint by acquiring new customers in existing areas, e
Anthology, a USbased global edtech company with an R&D center in Chennai, aims to expand its footprint by acquiring new customers in existing areas, entering new markets, and introducing new AI products. Bruce Dahlgren, Anthologys global CEO, highlighted the companys focus on AI products for higher education. They also plan to innovate for their current customer base. With engineering and product development teams in India, Anthology serves over 150 million users in 80 countries and has over 4,000 employees, with 1,200+ in India, including more than 300 in Chennai. They aim to outpace the 910% growth of the global edtech enterprise solutions market. B2B Tech News | 1 years ago
Intel Arc A580 Graphics Cards A GameChanger for 1080p Gaming
Intel has globally launched the Arc A580 desktop graphics, aiming to provide excellent gaming performance at 1080p resolution, esports titles, and med
Intel has globally launched the Arc A580 desktop graphics, aiming to provide excellent gaming performance at 1080p resolution, esports titles, and media capabilities. These graphics cards are designed for mainstream gamers and creators, offering features like ray tracing and Intel XeSS for better gaming experiences. They excel in memory bandwidth and offer hardwareaccelerated AV1 encoding and decoding, making them suitable for creators. The cards also have Intel Xe Matrix Extensions AI engines for various AI workloads. B2B Tech News | 1 years ago
Lenovos Tech World Makes a Comeback in Austin, Texas for its Ninth Year
Lenovo is hosting its annual Tech World event in Austin, Texas on October 2425, 2023. This marks the ninth year of the event and the first inperson ev
Lenovo is hosting its annual Tech World event in Austin, Texas on October 2425, 2023. This marks the ninth year of the event and the first inperson event since 2019. The theme is "AI for All," focusing on how Lenovo is shaping the future of AI products and services for both businesses and consumers. The event will feature a keynote from Lenovos CEO, Yuanqing Yang, discussing their AI strategies. They will also have prominent partners like NVIDIA and AMD participating. Lenovo will unveil their vision for various AIrelated areas, including models, solutions, infrastructure, and devices. B2B Tech News | 1 years agoGet The News to use newsletter to
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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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