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Gree Electric Achieves Milestone in Chip Development, Paving Way for SelfReliance

Chairwoman Dong Mingzhu asserted that six years after starting its chip research program, the Chinese home appliance giant Gree Electric had effective

Chairwoman Dong Mingzhu asserted that six years after starting its chip research program, the Chinese home appliance giant Gree Electric had effectively produced its chips. In an interview with Sina.com, Dong emphasised that Gree could develop chip design, research, and manufacturing skills without the assistance of the government. Gree invested 4 billion yuan $549.45 million a year on chip purchases, initially establishing a company in 2018 to design chips for air conditioners and smart home goods. However, the precise sorts of chips were not disclosed. Dong announced the construction of a Silicon Carbide SiC chip facility in March 2024, with manufacturing anticipated to begin by June. Gree is increasing semiconductor selfreliance and supply chain resilience alongside Chinese companies like Xiaomi and Midea. Read More..

B2B Tech News | 3 months ago          

GlobalLogic and Nokia Partner to Accelerate Enterprise 5G Adoption with Network as Code

Through Nokias Network as Code platform and developer site, GlobalLogic has teamed up with the company to accelerate the adoption of 4G and 5G in ente

Through Nokias Network as Code platform and developer site, GlobalLogic has teamed up with the company to accelerate the adoption of 4G and 5G in enterprise settings. Through the use of cuttingedge network APIs for gamechanging applications, our partnership seeks to spur innovation in the automotive, industrial, and financial industries. Software developers at GlobalLogic can produce networkaware solutions that enhance operational effectiveness, sustainability, and safety by utilising SDKs and API documentation. Examples include immersive XR/VR teaching, predictive maintenance, IoT data integration, and smart helmets for worker safety. AIpowered insights in banking improve client satisfaction and fraud prevention. The collaboration positions both businesses as leaders in nextgeneration network technology and allows companies to profit from 5G investments while promoting connectivity and innovation. Read More..

B2B Tech News | 3 months ago          

Google Launches Veo 2 for 4K AI Video Generation, Enhancing Cinematic Realism

The advanced videogeneration AI model Veo 2, which will replace Veo and be released in early 2024, has been introduced by Google. With longer duration

The advanced videogeneration AI model Veo 2, which will replace Veo and be released in early 2024, has been introduced by Google. With longer durations, more realism, and a deeper comprehension of cinematographic aspects, including genres, lenses, and camera movements, Veo 2 produces videos with up to 4K resolution. Developed to minimise visual flaws and use SynthID watermarks to prevent abuse, Veo 2 is now available to a limited number of producers on VideoFX through Google Labs, with ambitions to expand to YouTube Shorts in 2025. Google also introduced Imagen 3, an improved AI picture model, to more than 100 nations, allowing for a wider variety of artistic styles and improved ImageFX fast adherence. Both models show Googles developments in generative AI for media production. Read More..

B2B Tech News | 3 months ago          

Apple Debuts Genmoji Custom Emojis in macOS Sequoia 15.3 Developer Beta

Along with system enhancements and the launch of Genmoji, an Apple Intelligencepowered tool for making personalised emojis, Apple has launched macOS S

Along with system enhancements and the launch of Genmoji, an Apple Intelligencepowered tool for making personalised emojis, Apple has launched macOS Sequoia 15.3 Developer Beta 1. Initially showcased at WWDC 2024 and accessible on iPhone and iPad, Genmoji enables Mac users to create emojis using text prompts or customise them with images. Genmojis may be customised with accessories and themes using the Image Playground app or the emoji keyboard palette, and they can be shared in applications such as Keynote, Notes, and Messages. This update improves user customisation by incorporating AIpowered innovation into the Mac ecosystem. In addition, Apple released developer beta upgrades for iOS 18.3, iPadOS 18.3, watchOS 11.3, tvOS 18.3, and visionOS 2.3, enhancing its ecosystem of devices. Read More..

B2B Tech News | 3 months ago          

Synopsys and SiMa.ai Collaborate to Revolutionize AI Chip Development for Cars

The Silicon Valley companies SiMa.ai and Synopsys established a collaboration to speed up the development of AI chips for suppliers and automakers. Le

The Silicon Valley companies SiMa.ai and Synopsys established a collaboration to speed up the development of AI chips for suppliers and automakers. Leading chipdesign software provider Synopsys will include energyefficient AI hardware and software from SiMa.ai in its products. By simulating chipsoftware interactions, our partnership will assist automakers in selecting the best AI solutions for applications such as voice assistants and driverassistance systems. These technologies, which depend on data centres powerhungry CPUs, are being modified for effective incar use. CEO Krishna Rangasayee of SiMa.ai emphasised the companys emphasis on energy efficiency to satisfy demands for vehicle performance. Automakers must take control of their computing frameworks because of the shift in software demands, as highlighted by Ravi Subramanian of Synopsys. The financial details should have been provided. Read More..

B2B Tech News | 3 months ago          

India’s November Exports Fall 4.8%, Highlighting Trade Imbalance

Due to a sharp rise in item imports, which increased by 27% to almost $70 billion, Indias trade deficit soared to a new high of $37.8 billion in Novem

Due to a sharp rise in item imports, which increased by 27% to almost $70 billion, Indias trade deficit soared to a new high of $37.8 billion in November. A roughly 30% increase in gold prices and robust demand throughout the holiday season were the main causes of this spike, which led to a 4.3fold increase in gold imports of $14.9 billion. In contrast, petroleum exports decreased 49.6% to $3.7 billion, while exports dropped 4.8% to $32.1 billion, a 25month low. Although nonpetroleum products grew about 8%, total export performance was impacted by shifting oil prices and increasing geopolitical tensions. Nonetheless, there was a surplus in services trade due to the strong 26.8% growth in services exports to $35.67 billion. Read More..

B2B Tech News | 3 months ago          

Alcoa to Receive 130 Petajoules of Gas from Chevron Starting in 2028

On Tuesday, Chevrons Australian division declared that it would provide Alcoa, the aluminium manufacturer, with 130 petajoules of gas over ten years,

On Tuesday, Chevrons Australian division declared that it would provide Alcoa, the aluminium manufacturer, with 130 petajoules of gas over ten years, beginning in 2028. The North West Shelf Venture in Western Australia and Chevrons Gorgon and Wheatstone facilities will supply the gas. Alcoa intends to power its alumina plants in the area with natural gas. Alcoa already signed gas supply contracts with Exxon Mobil, Chevron, and Warrego Energy to support its refineries in Wagerup, Pinjarra, and Kwinana beginning in 2024. Nevertheless, the business has encountered operational difficulties, such as a gas interruption that resulted in a power outage at its refinery in Pinjarra, which is presently under investigation. Read More..

B2B Tech News | 3 months ago          

Democratic Republic of Congo Files Criminal Complaints Against Apple Over Conflict Minerals

Apple and its French and Belgian subsidiaries are facing criminal charges from the Democratic Republic of the Congo for allegedly utilising conflict m

Apple and its French and Belgian subsidiaries are facing criminal charges from the Democratic Republic of the Congo for allegedly utilising conflict minerals in their supply chain. According to the Congolese government, Apple indirectly benefits from minerals that come from artisanal mining run by armed groups that commit grave violations of human rights. Congolese attorneys contend that Apple is involved in the regions continued bloodshed and exploitation because the company uses minerals that are laundered through global supply chains, despite Apples claims that it investigates suppliers and has not discovered any ties to armed groups. Charges of concealing war crimes and engaging in dishonest business operations are included in the complaints. Both nations judicial systems will now decide whether to investigate these allegations more thoroughly. Read More..

B2B Tech News | 3 months ago          



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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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