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Global Automotive Artificial Intelligence Market Report 2022 Strategic Partnerships Crucial for Further Growth

At a CAGR of 40.79%, the global automotive artificial intelligence market is expected to reach $7.78 billion by 2026. The increase is primarily due to

At a CAGR of 40.79%, the global automotive artificial intelligence market is expected to reach $7.78 billion by 2026. The increase is primarily due to companies reorganising their operations and recovering from the impact of COVID19. In the automotive industry, artificial intelligence has numerous applications. A selfdriving car is a vehicle that travels to destinations without the assistance of a human driver by utilising various sensors, radars, cameras, and artificial intelligence. According to Deloitte, the global automotive AI market will reach approximately $27 billion in 2025. Read More..

B2B Tech News | 2 years ago          

The turmoil in the energy market is shaking the European green energy plan

Market volatility is threatening Europes plan to roughly double renewable energy generation by the end of the decade. Russias war on Ukraine, as well

Market volatility is threatening Europes plan to roughly double renewable energy generation by the end of the decade. Russias war on Ukraine, as well as the disruption of Europes gas supplies, has accelerated the European Unions transition to carbonfree energy. It is in the process of negotiating a legally binding target of generating 45 percent of its energy from renewable sources by 2030. Read More..

B2B Tech News | 2 years ago          

At the end of the moment of strong investment growth, proptech Superdraft goes into liquidation

Superdraft, a business situated in the Gold Coast, has filed for bankruptcy. According to founder Mark Deacon, a term sheet for raising $18 million wa

Superdraft, a business situated in the Gold Coast, has filed for bankruptcy. According to founder Mark Deacon, a term sheet for raising $18 million was signed with a potential investor. In August, the agreement was delayed a third time, putting another coinvestment in doubt. Assets for the business are estimated to be around $77909. An estimated $2.16 million is owing to creditors, according to a list of creditors. Deacon If we knew this wasnt going to come through, we wouldnt have let it run that long or that far. Read More..

B2B Tech News | 2 years ago          

Stripe is laying off 14% of its staff due to the economic downturn

Global financial leader Stripe announced that it would reduce its workforce by 14% in an effort to prepare for leaner times. The founders of the com

Global financial leader Stripe announced that it would reduce its workforce by 14% in an effort to prepare for leaner times. The founders of the company, Stripe, stated in an email to staff that they want to match the speed of investment with current conditions, such as inflation, energy shocks, higher interest rates, smaller investment budgets, and scarcer startup funding. The company estimates that after the layoffs, its workforce would be reduced to just under 7,000 individuals. Read More..

B2B Tech News | 2 years ago          

Debt rules in Europe are changing and that could have a big impact on bond markets

The European Commission will offer a proposal to change fiscal regulations in effect for nearly 30 years. The main goal of modifying the regulations c

The European Commission will offer a proposal to change fiscal regulations in effect for nearly 30 years. The main goal of modifying the regulations currently is to assist eurozone countries in reducing their debt levels. Government debt in the 19member region stood at 94.2% of GDP at the end of the second quarter. The European Unions rules states that nations debt should not exceed 60% of their GDP gross domestic product. According to an official who chose to remain nameless, this standard will not change. However, given their debt levels of more than 150%, Greece and Italy will find it more difficult to meet this criteria. Germanys sovereign debt was just under 70% of GDP at the time. Read More..

B2B Tech News | 2 years ago          

Electric vehicle legislation stalls in Senate as Greens and Labor debate what should be included

In the final weeks of this year, the federal parliament is being asked to prioritise and pass the Albanese governments electric car discount. The me

In the final weeks of this year, the federal parliament is being asked to prioritise and pass the Albanese governments electric car discount. The measure could save thousands of dollars on some of the most popular zero and lowemissions vehicles. Some in the automobile industry believe that further delays until next year will hinder the adoption of zeroemission vehicles. Time is of the essence, says the Federal Chamber of Automotive Industries. Read More..

B2B Tech News | 2 years ago          

MoneySmart is listed on SGX via a $161 million reverse IPO deal

MoneySmart Group intends to float on the Singapore Stock Exchange after completing a US$161.7 million reverse acquisition with real estate developer A

MoneySmart Group intends to float on the Singapore Stock Exchange after completing a US$161.7 million reverse acquisition with real estate developer Asia Pacific Strategic APS Investments. According to a release, the Singaporeborn fintech startup and APS have moved on to the next stage of due diligence following the agreement. The transaction comprises the issuing of new ordinary shares in APS, which will account for 80% of the companys enlarged share capital following the acquisition, as well as a listing in the first half of 2023. Read More..

B2B Tech News | 2 years ago          

Metso Outotec Oyj provides solvent extraction technology in South America

South America will receive solvent extraction technology from Metso Outotec. Press release issued by Metso Outotec Corporation on November 3, 2022, at

South America will receive solvent extraction technology from Metso Outotec. Press release issued by Metso Outotec Corporation on November 3, 2022, at 900 a.m. EET South America will receive VSF® solvent extraction technology thanks to a contract given to Metso Outotec. In Minerals fourthquarter orders received, orders of roughly EUR 10 million have been recorded. Engineering, specialised and essential equipment, spare parts, and consulting services are all included in Metso Outotecs range of supply for the mechanical installation, commissioning, and startup of the solvent extraction plant. With Science Based Targets, Metso Outotec is dedicated to keeping global warming to 1.5°C. Read More..

B2B Tech News | 2 years 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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