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Googles DeepMind Alumni in Talks to Launch AI Startup "Holistic" in Paris

According to reports, Laurent Sifre and Karl Tuyls, two scientists at Googles artificial intelligence subsidiary DeepMind, are negotiating with invest

According to reports, Laurent Sifre and Karl Tuyls, two scientists at Googles artificial intelligence subsidiary DeepMind, are negotiating with investors to launch an AI firm in Paris. The company, which is reportedly investigating a funding round that might reach more than €200 million $217.84 million, is known by its provisional moniker, Holistic. Although the companys actual emphasis is unknown, rumours indicate it may be on developing a new AI model. After being bought by Google over ten years ago, DeepMind has become a significant force in AI research, and it is not unusual for its former staff members to launch their firms. Read More..

B2B Tech News | 2 years ago          

DPD Disables AI Chat Function After User Tricks System into Composing Critical Poem

DPD, a UKbased package delivery company, turned off its artificial intelligence AI feature in its online chat platforms after a user encouraged the sy

DPD, a UKbased package delivery company, turned off its artificial intelligence AI feature in its online chat platforms after a user encouraged the system to write a poem criticising the companys inadequate customer care. After failing to obtain information on a shipment, the angry customer asked the chatbot to create a poem about poor chatbot service. Some of the poems lyrics read, "DPD was a customers worst nightmare and a waste of time." Following a glitch that resulted in the users conversation with the bot receiving attention on social media, DPD removed the AI component of its chat system. Read More..

B2B Tech News | 2 years ago          

Microsoft Discloses Cybersecurity Breach by Russian StateSponsored Group

Microsoft revealed that a Russian statesponsored group, identified as "Midnight Blizzard" or APT29, hacked into its corporate systems on January 12. T

Microsoft revealed that a Russian statesponsored group, identified as "Midnight Blizzard" or APT29, hacked into its corporate systems on January 12. The hackers gained access to a "tiny percentage" of Microsoft corporate email accounts, including those of senior leadership and staff in cybersecurity, legal, and other functions. Microsoft noted that the attack was not due to a specific vulnerability in its products or services and that there is no evidence the threat actor accessed customer environments, production systems, source code, or AI systems. The company disrupted the malicious activity and is actively investigating the incident. Read More..

B2B Tech News | 2 years ago          

IMF Approves $941 Million Loan for Kenya Amid Financial Challenges

Kenya has been granted a fresh loan of more than $941 million by the International Monetary Fund IMF to help with its financial difficulties, which in

Kenya has been granted a fresh loan of more than $941 million by the International Monetary Fund IMF to help with its financial difficulties, which include a heavy debt load and an unstable economy. The Executive Board of the IMF approved the loan, and $624.5 million was disbursed immediately. A sinking currency, a significant debt burden, and a crisis in the cost of living are just some of Kenyas economic difficulties. The loan is anticipated to assist the nations endeavours to accomplish macroeconomic stability, fortify policy frameworks, carry out significant reforms, and encourage growth that is both inclusive and environmentally friendly. Approximately $65.5 billion is Kenyas public debt, based on the most recent Treasury statistics. Read More..

B2B Tech News | 2 years ago          

U.S. and China Officials Hold First InPerson Meeting on Financial Stability

The new working group on financial stability and capital markets concerns is holding its first inperson meeting in China, with officials from the U.S.

The new working group on financial stability and capital markets concerns is holding its first inperson meeting in China, with officials from the U.S. Treasury and Chinese Finance Ministry beginning a twoday discussion in Beijing. Topics include multinational financial institutions, crossborder transfers, and collaboration in the fight against drug trafficking and money laundering will be discussed. In September, the two economic powers reaffirmed their involvement with each other by establishing a working group and a parallel economic panel. The Treasury Assistant Secretary for International Finance, Brent Neiman, the Undersecretary for Domestic Finance, Nellie Liang, and the Director of Financial Crimes Enforcement, Andrea Gacki, are leading the financial negotiations on the American side. Read More..

B2B Tech News | 2 years ago          

Google to Invest $1 Billion in New Data Center Near London.

To accommodate the growing demand for internet services in the area, Google intends to invest $1 billion in building a data centre close to London. Th

To accommodate the growing demand for internet services in the area, Google intends to invest $1 billion in building a data centre close to London. The data centre will be located approximately 15 miles north of downtown London, on a 33acre property in Waltham Cross. The investment is in line with Googles plans to develop its infrastructure and promote developing industries like technology and artificial intelligence. It comes after Google spent $1 billion buying an office block in central London in 2022. The UK government sees Googles investment as a "huge vote of confidence" in the nation, highlighting its technological prowess and room for expansion. Read More..

B2B Tech News | 2 years ago          

Reddit Plans IPO Launch in March After Three Years of Consideration

According to reports, social networking giant Reddit will make its first public offering IPO in March after more than three years of deliberation. Wit

According to reports, social networking giant Reddit will make its first public offering IPO in March after more than three years of deliberation. With Pinterests launch in 2019, this would be the first big social media firm to go public. In the IPO, Reddit, projected to be worth $10 billion in 2021, plans to sell around 10% of its shares. The business, wellknown for its specialised discussion groups, mostly makes money from advertising and provides premium access. Despite having yet to profit, Reddit projected that its advertising income will reach just over $800 million by 2023. Read More..

B2B Tech News | 2 years ago          

Novel Campaign Targets Docker Services with 9Hits Viewer and XMRig Malware

Targeting weak Docker services, a new effort is utilising the 9Hits Viewer program along with the Bitcoin miner XMRig. This is the first instance of m

Targeting weak Docker services, a new effort is utilising the 9Hits Viewer program along with the Bitcoin miner XMRig. This is the first instance of malware known to use 9Hits as a payload, underscoring the efforts of threat actors to vary their methods of generating revenue from infected PCs. 9Hits is a traffic exchange service that operates automatically. Members can earn credits by visiting websites other members have requested using the 9Hits Viewer programme. The attackers compromise Docker hosts in this campaign by using the Docker API to create malicious containers and retrieve images from Docker Hub for the 9Hits and XMRig malware. Legitimate workloads are impacted when compromised hosts experience resource fatigue due to the attack. Read More..

B2B Tech News | 2 years ago          



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