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Japan, ASEAN Plan Joint Strategy for Automobile Production Amid Chinas EV Push

According to reports, Japan and the Association of Southeast Asian Nations ASEAN would cooperate to develop their first cooperative plan for car manuf

According to reports, Japan and the Association of Southeast Asian Nations ASEAN would cooperate to develop their first cooperative plan for car manufacturing and sales in Southeast Asia. The action is a reaction to Chinas growing influence in the electric car industry. The suggested approach is anticipated to be completed by around 2035, with preliminary conversations commencing as early as September during the meeting of ASEAN and Japanese economic ministers. The plan is expected to address issues including hiring qualified staff, decarbonising operations, obtaining mineral resources, and funding new industries like biofuels. Japans Ministry of Economy, Trade, and Industry has obtained 140 billion yen, some of which it intends to use for staff training. Read More..

B2B Tech News | 2 months ago          

Crypto Startup Funding Surges to $2.4 Billion in Q1 2024 PitchBook Data

According to PitchBook statistics, financing for cryptocurrency startups increased to $2.4 billion in the first quarter of 2024 across 518 deals, repr

According to PitchBook statistics, financing for cryptocurrency startups increased to $2.4 billion in the first quarter of 2024 across 518 deals, representing the second consecutive quarterly rise. The first U.S. bitcoin spot ETF was introduced, and forecasts of decreasing interest rates drove this rise, up 40.3% from the previous quarter. Even though market upheavals and economic worries have caused investor trust in digital asset companies to decline since 2022, the legalisation of spot bitcoin ETFs—most notably by Fidelity and BlackRock—boosted the industrys respectability. Blockchain infrastructure and cryptocurrencyfocused startups brought in a lot of money Together, AI closed the biggest deal of $106 million. Analyst Robert Le predicts further merger activity among cryptocurrency exchanges, custodians, and infrastructure providers as the market matures. Read More..

B2B Tech News | 2 months ago          

Raghuram Rajan Sounds Alarm on Indias Demographic Dividend Will Prosperity Match Population Growth?

The former governor of the Reserve Bank of India, Raghuram Rajan, doubts whether India can benefit from its demographic dividend and if its citizens c

The former governor of the Reserve Bank of India, Raghuram Rajan, doubts whether India can benefit from its demographic dividend and if its citizens can grow wealthy before the country matures. Rajan underlined the difficulty of efficiently utilising the substantial number of young people joining the workforce, notwithstanding Indias quick economic development. Despite Indias GDP being higher than that of many industrialised countries, Rajan emphasised the significance of guaranteeing universal prosperity and preventing inequality. He also emphasised that to accomplish meaningful wealth creation, the economy must develop faster than it is now. While acknowledging that Prime Minister Modi has led to infrastructural development, Rajan warned about undervaluing inclusive economic and social progress. Read More..

B2B Tech News | 2 months ago          

Elon Musk Considers EV Battery Plant Offer in Indonesia After Talks with President

After meeting with President Joko Widodo, Elon Musk said he would consider an offer to build an electric car battery facility in Indonesia, according

After meeting with President Joko Widodo, Elon Musk said he would consider an offer to build an electric car battery facility in Indonesia, according to the countrys coordinating minister of investments. Musk and Widodo discussed possible investments, such as building an AI centre and an EV battery facility. The Indonesian government wants to grow the EV industry using its abundant nickel resources. Furthermore, SpaceX has made its Starlink satellite internet service commercially available, which prioritises rural areas. Starlink was initially introduced for Indonesias health sector. The government aims to improve connections, and Musks businesses may contribute to Indonesias technical advancement through investments Read More..

B2B Tech News | 2 months ago          

Elon Musk Launches Starlink in Indonesias Health Sector, Promoting Connectivity

To improve connection in rural regions, Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceXs satellite internet service for t

To improve connection in rural regions, Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceXs satellite internet service for the countrys healthcare industry. Musk stressed the value of having access to the internet for learning and growth, particularly in areas with poor connection. Its deployment at three health clinics demonstrated Starlinks ability to enhance realtime data input for treating health issues, including stunting and malnutrition. At the same time, Musk concentrated on the advantages of Starlink Indonesia has long desired Teslas participation in the electric car industry using the nations nickel deposits. Starlinks commercial launch in Indonesia prioritises rural and impoverished areas, which aligns with the governments aspirations to close the digital divide. Adopting Starlinks satellite internet service, Indonesia joins other Southeast Asian nations, demonstrating the technologys usefulness and worldwide reach. Read More..

B2B Tech News | 2 months ago          

British AI Safety Institute Opens San Francisco Office to Drive International Governance Efforts

With a new office in San Francisco, the UKs AI safety institute is increasing its footprint in the US to foster global cooperation on AI regulation. T

With a new office in San Francisco, the UKs AI safety institute is increasing its footprint in the US to foster global cooperation on AI regulation. There is an increasing need for international cooperation in the administration of AI due to worries about its possible hazards being on par with existential dangers like nuclear weapons or climate change. The action was taken before the international AI safety meeting that the governments of South Korea and Britain cohosted. The endeavour is noteworthy because it comes after earlier talks in Britains Bletchley Park with tech CEOs and world leaders, suggesting a deliberate attempt to create global norms for AI safety. Michele Donelan, the British Minister of Technology, underlined the significance of this growth in establishing new international guidelines for AI safety. Read More..

B2B Tech News | 2 months ago          

Microsoft to Showcase Latest AI Projects at Build Developer Conference

Using its sizable PC user base, Microsoft will present its most recent AI efforts at its Build developer conference, which begins on Tuesday. CEO Saty

Using its sizable PC user base, Microsoft will present its most recent AI efforts at its Build developer conference, which begins on Tuesday. CEO Satya Nadella stressed that a complete integration of AI with PCs will occur by 2024. The business intends to integrate AI into Windows further and now provides its Copilot chatbot in Bing and Office. This follows recent advances in AI from Google and OpenAI. Microsoft has two challenges sustaining AIs popularity and boosting PC sales, which have lately increased somewhat. Older PC upgrades may be encouraged by new AI technologies. Neural Processing Units NPUs in AI PCs will improve offline AI operations. New CPUs from Qualcomm, AMD, and Intel are being released to accommodate these features. These sessions will also cover cloudbased generative AI models and Windows on Arm. Read More..

B2B Tech News | 2 months ago          

ideaForge Unveils Flyght Cloud Beta A GameChanger in Drone Data Analytics

Drone data analytics will be revolutionised with the release of ideaForge Technology Limiteds Flyght Cloud platform in the beta edition. By integratin

Drone data analytics will be revolutionised with the release of ideaForge Technology Limiteds Flyght Cloud platform in the beta edition. By integrating with ideaForges drones and doing away with the requirement for different providers, Flyght Cloud streamlines operations. The platform offers subscriptionbased pricing for flexibility and cost suited to specific industry processes, including forestry, mining, construction, and utilities management. Some salient characteristics are fast data processing, automated reporting, AIpowered insights, and strict data protection. Additionally, it offers a sizable app store for even more personalisation and scalability. Flyght Cloud is a comprehensive solution for organisations to maximise their drone data intelligence and streamline every process stage, from mission planning to data analysis. Read More..

B2B Tech News | 2 months ago          



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