HEADLINES
MediaTek Optimizes Dimensity Chipsets for Microsoft Phi3.5 AI Models
Ondevice generative AI performance has been improved by MediaTeks optimisation of its Dimensity 9400, 9300, and 8300 chipsets for Microsofts Phi3.5 AI
Ondevice generative AI performance has been improved by MediaTeks optimisation of its Dimensity 9400, 9300, and 8300 chipsets for Microsofts Phi3.5 AI models. The MoE Mixture of Experts, Mini, and Vision models in the Phi3.5 series support picture comprehension, multilingual activities, and specific instructionbased processes. MediaTeks neural processing units NPUs are used in these optimisations to boost throughput, decrease latency, and use less power. Its 16x3.8 billion parameters 6.6 billion active in regular operation allowed Phi3.5 MoE to exceed GPT4o mini on the SQuALITY benchmark for summarisation accuracy. Through Hugging Face, Azure AI Model Catalogue, or MediaTeks NeuroPilot SDK, developers can utilise these models to create sophisticated applications for MediaTekpowered devices, facilitating practical generative AI activities on mobile platforms. B2B Tech News | 3 months ago
Cyberattack on JAL Causes System Outage and Flight Delays
Japan Airlines JAL announced a cyberattack on Thursday that caused delays in both local and international flights by interfering with its internal and
Japan Airlines JAL announced a cyberattack on Thursday that caused delays in both local and international flights by interfering with its internal and external systems. Beginning at 724 a.m. 2224 GMT, the attack forced JAL to stop selling tickets for sameday flights temporarily and shut down a broken router. The other significant airline in Japan, ANA Holdings, verified that its systems remained unaffected. Significant travel disruptions were caused earlier this week when American Airlines experienced network problems that resulted in the cancellation of flights for an hour on Christmas Eve. B2B Tech News | 3 months ago
Switzerland Confirms No Delay in TEPA Ratification Despite MFN Clause Suspension
The ratification and implementation of the Trade and Economic Partnership Agreement TEPA signed with India and the European Free Trade Association EFT
The ratification and implementation of the Trade and Economic Partnership Agreement TEPA signed with India and the European Free Trade Association EFTA bloc will not be delayed, according to Switzerlands recent decision to suspend the Most Favoured Nation MFN clause in the Double Taxation Avoidance Agreement. This ban may impact Swiss investments in India, and businesses in Switzerland may pay more taxes. Nonetheless, according to the Swiss Embassy in India, this judgement has no adverse effect on investments or trade relations. With an investment pledge of $100 billion from EFTA, the TEPA, signed in March, is anticipated to generate one million employment in India. The trade imbalance between Switzerland and India in 2023–2024 was $19.72 billion. B2B Tech News | 3 months ago
PM Narendra Modi to Strengthen IndiaKuwait Ties During TwoDay Visit
Prime Minister Narendra Modi will visit Kuwait for two days, starting Saturday, to enhance bilateral relations in trade, investment, defence, and cult
Prime Minister Narendra Modi will visit Kuwait for two days, starting Saturday, to enhance bilateral relations in trade, investment, defence, and cultural exchanges, as announced by the Ministry of External Affairs MEA. Invited by Emir Sheikh Meshal AlAhmad AlJaber AlSabah, Modi aims to discuss various cooperation areas, including boosting trade and energy ties. IndiaKuwait bilateral trade was valued at $10.47 billion in 202324, making India a key trading partner and a significant crude oil supplier. The visit is expected to strengthen ties with the Gulf Cooperation Council GCC and advance ongoing Free Trade Agreement FTA negotiations. This will be the first state visit by an Indian Prime Minister to Kuwait in 43 years. B2B Tech News | 3 months ago
Honda and Nissan Announce 2026 Merger to Compete Against Rising EV Rivals
The announcement of a 2026 merger between Honda and Nissan would represent a dramatic change in the Japanese car sector as Chinese electric vehicle pr
The announcement of a 2026 merger between Honda and Nissan would represent a dramatic change in the Japanese car sector as Chinese electric vehicle producers become more competitive. Following Toyota and Volkswagen, this combination would make the two businesses the thirdlargest auto group in the world, allowing them to pool resources and scale in response to competition from BYD and Tesla. The merged company hopes to generate an operating profit of more than 3 trillion yen and revenues of 30 trillion yen $191 billion. Notwithstanding the possibility of Mitsubishi Motors 7211.T joining the merger, Honda and Nissan agree that a successful business recovery for Nissan is necessary before finalising the agreement. Following the news, shares of both companies increased, indicating optimism among investors. B2B Tech News | 3 months ago
Arcadium Lithium Shareholders Approve $6.7 Billion Sale to Rio Tinto with 98% Vote
Ninetyeight per cent of shareholders of Arcadium Lithium voted in favour of the $6.7 billion sale to the massive Australian mining company Rio Tinto.
Ninetyeight per cent of shareholders of Arcadium Lithium voted in favour of the $6.7 billion sale to the massive Australian mining company Rio Tinto. Arcadiums shares increased by almost 7% in extended trading after the news. With the purchase anticipated to finish in mid2025, Rio Tinto will overtake Albemarle and SQM as the thirdlargest lithium miner in the world. However, several shareholders have filed a lawsuit against Arcadium, claiming that the company was negligent and misled about the transaction. Rio Tinto agreed earlier this year to purchase Arcadium for $5.85 per share, almost 90% more than the stocks closing price on October 4. Through the acquisition, Rio Tinto will have access to Arcadiums lithium mines, processing plants, and important clients, such as Tesla and GM, in several nations. B2B Tech News | 3 months ago
Lithium Americas and GM Finalize Joint Venture for Thacker Pass Lithium Mine
The joint venture between General Motors and Lithium Americas to develop the Thacker Pass lithium mine in Nevada has been finalised. According to CEO
The joint venture between General Motors and Lithium Americas to develop the Thacker Pass lithium mine in Nevada has been finalised. According to CEO Jonathan Evans, the projects final investment decision is expected to be made in early 2025. GM will use a credit facility and cash payments totalling $625 million to purchase a 38% interest in the mine as part of the transaction. This collaboration comes after the U.S. government approved a $2.26 billion loan for the Thacker Pass project, launched during the Biden administration but authorised under Donald Trump. At full capacity, Thacker Pass should generate 40,000 metric tonnes of batterygrade lithium carbonate yearly, enough to power about 800,000 electric cars. B2B Tech News | 3 months ago
Microsoft Unveils RealTime Translation Feature for Live Captions on Copilot+ PCs
To lessen dependency on OpenAIs GPT4 and save operating expenses, Microsoft is integrating both internal and external AI models into Microsoft 365 Cop
To lessen dependency on OpenAIs GPT4 and save operating expenses, Microsoft is integrating both internal and external AI models into Microsoft 365 Copilot. Although OpenAI is still a vital partner, Microsoft is also training its Phi4 models and modifying openweight models to increase efficiency and speed. The change will save expenses and possibly make Copilot more accessible for business clients. This approach aligns with other Microsoft initiatives, including GitHub, which lately embraced other Anthropic and Google methods. 2024 analysts predict that 365 Copilot will have over 10 million paying users, with utilisation recorded in 70% of Fortune 500 businesses, despite uptake and pricing problems. B2B Tech News | 3 months agoGet The News to use newsletter to
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