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Uttar Pradesh Emerges as Key Player in Indias AI Landscape, Plans AI City Near Lucknow

Uttar Pradesh is trying to make a name for itself in the AI space in India by using cuttingedge technology to stimulate creativity and economic growth

Uttar Pradesh is trying to make a name for itself in the AI space in India by using cuttingedge technology to stimulate creativity and economic growth. Uttar Pradesh aims to combine cuttingedge technology, research facilities, and academic institutions to create a vibrant environment for businesses focusing on Artificial Intelligence AI, with plans to build an AI City close to the Lucknow airport. The state administration hopes to establish Lucknow as Indias next IT hub by attracting talent and investment worldwide. Uttar Pradesh wants to help create cuttingedge infrastructure and encourage research and innovation in cuttingedge technologies like Artificial Intelligence AI by offering strategic assistance and incentives to developers. This would set the stage for India to lead in AI innovation and technology. Read More..

B2B Tech News | 2 months ago          

Adobe Beta Launches AI Assistant in Acrobat, Soon to Expand to Reader

With its Reader and Acrobat apps, Adobe has included an Artificial Intelligence AI assistant to summarise and respond to inquiries regarding PDFs and

With its Reader and Acrobat apps, Adobe has included an Artificial Intelligence AI assistant to summarise and respond to inquiries regarding PDFs and other documents. The utility is now in beta on Acrobat and will shortly be available on Reader. By offering succinct summaries and responding to inquiries using a conversational interface, it seeks to assist users in understanding large materials. Additionally, the assistant may produce material in various styles and citations. In contrast to other AI models that need PDF uploads, Adobes assistant is integrated into the programmes. According to Adobe CEO Shantanu Narayen, this democratises access to PDFs and highlights how beneficial the technology is for quickly exploring large documents. Additionally, Narayen refers to Adobes creation of video models in reaction to OpenAIs advancements. Read More..

B2B Tech News | 2 months ago          

Neuralinks BrainChip Patient Achieves Full Recovery, Demonstrates MindControlled Mouse Movement

Elon Musk said late Monday that the first person to get a Neuralink brain chip has fully recovered and can use their thoughts to operate a computer mo

Elon Musk said late Monday that the first person to get a Neuralink brain chip has fully recovered and can use their thoughts to operate a computer mouse. Musk said at a social media event that the patient is improving as they can now move the mouse across the screen with just their thoughts. Neuralink seeks to optimise the patients mouse button clicks. The business, which received clearance for human trials last month and successfully implanted the device, hopes to use it for more extensive purposes, such as treating depression and obesity. However, Neuralink has been under fire for safety violations that have resulted in fines and penalties. Read More..

B2B Tech News | 2 months ago          

Gujarats Top Companies Reach Rs 14.7 trillion in Cumulative Value Hurun India 500

The 2023 Burgundy Private Hurun India 500 lists at least 31 of the most valuable firms in India, with a combined valuation of Rs 14.7 trillion, in Guj

The 2023 Burgundy Private Hurun India 500 lists at least 31 of the most valuable firms in India, with a combined valuation of Rs 14.7 trillion, in Gujarat. With a valuation of Rs 2.6 trillion, Adani Enterprises holds the top spot, followed by Adani Green Energy, Adani Ports, and Adani Special Economic Zone. Adani Group firms had a 50% decline in value throughout the review period. Still, following a Supreme Court verdict, they significantly increased. Gujarats newcomers are primarily in the healthcare industry, with Torrent Pharmaceuticals leading. Meanwhile, 25 enterprises, led by ITC, with a combined worth of Rs 10.9 trillion, are in West Bengal. Rs 22 trillion is contributed by 61 enterprises in Karnataka, including 35 startups, with Infosys leading the way. Furthermore, Tamil Nadu is home to 42 significant businesses with a cumulative value of Rs 10 trillion, led by Cholamandalam Investment and Finance Company. Read More..

B2B Tech News | 2 months ago          

Nvidia Surpasses Amazon in Market Capitalization, Hits Record High

With a record high of $734.96 on Monday, Nvidia momentarily overtook Amazon.com Inc. in market capitalization. With a total market value of $1.82 tril

With a record high of $734.96 on Monday, Nvidia momentarily overtook Amazon.com Inc. in market capitalization. With a total market value of $1.82 trillion, it is just short of Alphabet, the company that owns Google, at $1.87 trillion. This placed Nvidia at number four on the list of the most valuable American firms. The last time Nvidias valuation exceeded that of Amazon was in 2002. Following Amazons impressive Christmas quarter sales, investors anxiously anticipate Nvidias quarterly earnings on February 21. The companys stock has increased 47% this year due to anticipation of strong demand for its generative AIsupporting technologies. Nvidias stock has surged due to its emphasis on AI, positioning it as the bestperforming of the "Magnificent Seven" firms. Read More..

B2B Tech News | 2 months ago          

Paytm Faces Allegations and Investor Withdrawal Following RBI Action

A Mumbai grocery shop switches to cash payments in response to the Reserve Bank of Indias order to cease operations of its banking division for regula

A Mumbai grocery shop switches to cash payments in response to the Reserve Bank of Indias order to cease operations of its banking division for regulatory noncompliance, raising doubts about the future of the widely used digital service Paytm. With 330 million customers, Paytm is accused of financial crimes, a claim it refutes. The RBIs decision causes investor withdrawal and affects small firms that rely on Paytm for transactions. While founder Vijay Shekhar Sharma is trying to contain the damage, continued legal issues raise questions about corporate governance in Indias IT industry. The situation raises concerns about the effectiveness of regulatory monitoring in wellknown companies and management boards. Read More..

B2B Tech News | 2 months ago          

Bitcoin Surges Past $50,000 on Impending Rate Cuts and ETF Approval

Thanks to the approval of U.S. ExchangeTraded Funds ETFs that follow its price and hopes of imminent interest rate reduction, Bitcoin surged beyond $5

Thanks to the approval of U.S. ExchangeTraded Funds ETFs that follow its price and hopes of imminent interest rate reduction, Bitcoin surged beyond $50,000 and reached its highest level in almost two years. The cryptocurrency reached $49,899 at lunchtime on Monday, up 16.3% year. The jump was driven by increased inflows into BTC spot ETFs after the SEC approved the first U.S. spot bitcoin ETFs on January 10. Estimates of the significant inflows that analysts anticipate into these ETFs range from $10 billion to $100 billion. Aside from waiting for judgements on Ether ETF applications that are still pending, investors are also looking forward to the April "halving" of bitcoin, which will signal essential turning points in the development of the cryptocurrency industry. Read More..

B2B Tech News | 2 months ago          

Investors Seek Next NVIDIA in Arm Holdings Amid AI Chip Demand Boom

Arm Holdings options trading has been frantic due to the boom in Artificial Intelligence AI equities, which has caused its shares to rise by 80% since

Arm Holdings options trading has been frantic due to the boom in Artificial Intelligence AI equities, which has caused its shares to rise by 80% since Wednesday. The demand for the companys AI chip design technology, along with its optimistic quarterly projection, has caused a spike in options volume that has surpassed the daily typical trading volume by ten times before the results announcement. According to analysts, investors are looking for the "next NVIDIA," this belief has been fueled by Nvidias impressive 220% increase in value over the last year. Record 600,000 contracts were traded in Arm on Monday alone. The most active contracts were call options, with share prices climbing above $185 by Friday. Read More..

B2B Tech News | 2 months ago          



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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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