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Amazon Donates $1 Million to Trump’s Inaugural Fund, Strengthening Ties with New Administration

In addition to a $1 million inkind donation from the events broadcast on its Prime Video service, Amazon has announced a $1 million donation to U.S. P

In addition to a $1 million inkind donation from the events broadcast on its Prime Video service, Amazon has announced a $1 million donation to U.S. Presidentelect Donald Trumps inaugural fund. Amazon has joined Meta Platforms, another tech behemoth, contributing $1 million for the 20 January inauguration. Jeff Bezos, Amazons founder and executive chairman, is set to meet with Trump the following week. Bezos highlighted the need for media credibility in the face of perceived bias and defended the Washington Posts decision not to support any candidate in the most recent election, despite Trumps prior criticism of the publication, which Bezos owns. Trump raised a record $106.7 million to fund his inauguration celebrations in 2017. Read More..

B2B Tech News | 3 months ago          

ServiceTitan Shares Surge 42% in Strong Nasdaq Debut, Valuation Approaches $9 Billion

In their Nasdaq debut on Thursday, ServiceTitans shares jumped over 42%, beginning at $101 instead of the IPO price of $71, giving the company a nearl

In their Nasdaq debut on Thursday, ServiceTitans shares jumped over 42%, beginning at $101 instead of the IPO price of $71, giving the company a nearly $9 billion valuation. This is a minor decline compared to the companys prior valuation of $9.5 billion in a capital round headed by Thoma Bravo in 2021. Favourable market conditions, such as strong equities markets and reduced interest rate forecasts, are credited with the impressive success. By selling 8.8 million shares, ServiceTitan, a cloudbased software supplier for more than 11,800 HVAC companies, raised almost $625 million. Goldman Sachs, Morgan Stanley, and other prominent companies spearheaded the IPO, indicating growing investor interest in these offerings. Read More..

B2B Tech News | 3 months ago          

Google Unveils Jules An AI Agent for Streamlined Coding with Gemini 2.0

Google unveiled Jules, a Gemini 2.0powered AI agent meant to simplify coding chores and help engineers with challenging issues. Jules is a specialised

Google unveiled Jules, a Gemini 2.0powered AI agent meant to simplify coding chores and help engineers with challenging issues. Jules is a specialised language model that can create and carry out multistep plans for debugging, code review, and fixing rare Python and JavaScript bugs. It is integrated with GitHub workflows. It operates asynchronously, allowing for dynamic task prioritisation and providing developers realtime task progress updates. Its activities can be improved with input from developers, guaranteeing precise outcomes. Jules is an experimental tool that merges patches into GitHub directly and allows pull requests. Jules is already accessible to a limited number of testers, but it is anticipated to open up for broader developer use in early 2025 through Google Labs signup. Read More..

B2B Tech News | 3 months ago          

Google DeepMind Integrates Gemini 2.0 into Project Astra, Boosting Multilingual AI Power

Gemini 2.0, Google DeepMinds generalpurpose AI agent Project Astra, now boasts multilingual capabilities, better memory, and smooth integration with G

Gemini 2.0, Google DeepMinds generalpurpose AI agent Project Astra, now boasts multilingual capabilities, better memory, and smooth integration with Google services like Maps, Lens, and Search. The AI can now handle complex jobs like identifying landmarks and giving directions, which also has improved comprehension of rare words and accents. Ten minutes of insession memory retention has been added, allowing for more individualised interactions by bringing up previous exchanges. Astra also attains nearly humanlike language comprehension latency for more seamless communication. With its many uses, including smart glasses integration, the tool will debut on the Gemini app and AI assistant, significantly advancing in developing a flexible and humanlike AI agent. Read More..

B2B Tech News | 3 months ago          

Meta Unveils “Motivo” AI to Revolutionize Metaverse Avatars with Lifelike Motion

With realistic nonplayer characters NPCs and lifelike movements, Meta Motivo, a novel AI model that can govern humanlike digital entities, promises to

With realistic nonplayer characters NPCs and lifelike movements, Meta Motivo, a novel AI model that can govern humanlike digital entities, promises to improve Metaverse experiences. With expected capital expenditures of $37–40 billion in 2024, the corporation has invested significantly in AI, augmented reality, and Metaverse technology. Meta Motivo makes motions smooth and humanlike by resolving body control concerns in digital avatars. Additionally, Meta unveiled the Large Concept Model LCM, a cuttingedge AI framework designed to improve reasoning in multilingual and multimodal environments by predicting highlevel concepts rather than individual tokens. It also introduced Video Seal, a tool that enhances the authenticity of recordings by adding traceable, invisible watermarks. Read More..

B2B Tech News | 3 months ago          

Tenstorrent and BOS Semiconductors Reveal Revolutionary AI Chips for Autonomous Vehicles

With support from Hyundai Motor Group, South Koreas BOS Semiconductors and Canadian startup Tenstorrent have introduced AI chips for autonomous drivin

With support from Hyundai Motor Group, South Koreas BOS Semiconductors and Canadian startup Tenstorrent have introduced AI chips for autonomous driving and incar infotainment. By combining tiny chipsets into more significant systems, these chips—the first "automotive chipset AI accelerator"—allow automakers to save costs and customise functionality. The chips, known as EagleN, will make their CES 2024 debut and go into production in 2026 talks to supply German automobiles are now in progress. The chips, made with Samsungs cuttingedge 5nm process, are meant to compete with Qualcomm and other industry titans. With support from Hyundai, Samsung, and Jeff Bezos family office, the endeavour is led by Tenstorrent CEO Jim Keller, who has experience at Apple and Tesla, and BOS founder Park Jaehong, a former Samsung developer for Apple and Tesla. Read More..

B2B Tech News | 3 months ago          

Apple to Replace Broadcom Components with InHouse Proxima Chips by 2025

By 2025, Apple plans to replace Broadcomsupplied Bluetooth and WiFi chips in iPhones and smart home appliances with its processor, Proxima. Taiwan Sem

By 2025, Apple plans to replace Broadcomsupplied Bluetooth and WiFi chips in iPhones and smart home appliances with its processor, Proxima. Taiwan Semiconductor Manufacturing Co. will manufacture the chips. Apple is also developing a line of internal cellular modem processors to replace Qualcomm components, with plans to integrate the two systems eventually. Furthermore, Apple and Broadcom work together on Baltra, the companys first server processor designed for AI processing. Despite these developments, Apple and other tech behemoths still need help lowering their reliance on Nvidias expensive, indemand AI processors. Apple and Broadcom inked a multibilliondollar agreement last year for 5G components to further highlight their continued partnership. Read More..

B2B Tech News | 3 months ago          

Bank of Mexico Confident in Financial System Amid Economic Weaknesses and Market Volatility

Despite the nations economic vulnerabilities and the risks associated with market volatility and possible trade disputes, the Bank of Mexico, Mexicos

Despite the nations economic vulnerabilities and the risks associated with market volatility and possible trade disputes, the Bank of Mexico, Mexicos central bank, stated confidence in the financial system. The bank emphasised the resilience of financial institutions in its biannual financial stability report, pointing out that capital and liquidity levels surpass legal minimums. The elections and Presidentelect Donald Trumps threats of U.S. tariffs on Mexican goods have caused considerable volatility in Mexican markets over the second part of the year. Banxico stated that market behaviour remained "relatively orderly" despite these difficulties. Despite highlighting the benefits of nearshoring trends for bank credit and economic integration with the United States, the central bank projects modest growth of 1.8% in 2024 and 1.2% in 2025. Read More..

B2B Tech News | 3 months ago          



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