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Intel makes the Flex series of GPUs for data centers

Intel has unveiled its new Flex Series of highperformance graphics processing units HPC aimed at cloud workloads including gaming, AI, and the metaver

Intel has unveiled its new Flex Series of highperformance graphics processing units HPC aimed at cloud workloads including gaming, AI, and the metaverse. The chips feature a hardwarebased AV1 encoder – said to be an industry first in a data center GPU. They offer five times the media transcode throughput performance and twice the decode throughput performance of competing products. Intel has launched the Flex Series of highperformance graphics processing units HPC with support for 8K60 realtime transcoding on a dual Flex Series 140 card and up to 46 streams of 720p30 for selected game titles. The software stack uses one API and offers developers an alternative to proprietary programming models such as Nvidia Cuda. Initial products will be aimed at media delivery and Android cloud gaming workloads, followed by systems for Windows cloud gaming, AI, and VDI workloads. Read More..

B2B Tech News | 2 years ago          

French company Schneider Electric is considering acquiring UK tech giant Aveva

Aveva, which was formed as a spinout from Cambridge University in 1967, has a market capitalization of £8.4bn. Schneider Electric is already the majo

Aveva, which was formed as a spinout from Cambridge University in 1967, has a market capitalization of £8.4bn. Schneider Electric is already the majority shareholder in Aveva, with a 59% stake. The French tech giant is now considering a full takeover of the Londonlisted firm. If Aveva were to exit the London Stock Exchange as part of the acquisition, it would become the last established or promising UK tech company to avoid or exit UK public markets. Semiconductor company Arm was delisted from the London Stock Exchange in 2016 following a takeover by Japans SoftBank. Read More..

B2B Tech News | 2 years ago          

Nigerian BTC PeertoPeer Volumes Nearly $400M in H1 of 2022

Between January 2021 and June 2022, Nigerias Bitcoin equivalent volume of more than $1.1 billion means the West African country is Paxfuls largest mar

Between January 2021 and June 2022, Nigerias Bitcoin equivalent volume of more than $1.1 billion means the West African country is Paxfuls largest market. Kenya is now the second largest African cryptocurrency exchange market and the fifth largest overall. Nigeria is the largest market in the world for Paxful. Kenya is currently the second largest cryptocurrency market in Africa and the fifth largest in the world. The annual growth in Ghanas trade volume was 95%. The Central African Republic was the first African country to use Bitcoin as a fiat currency. Read More..

B2B Tech News | 2 years ago          

Selection of Inpex, TotalEnergies, and Woodside to investigate subsea carbon storage

Australia has awarded acreage permits to assess the feasibility of greenhouse gas storage off the northwest coast. The move is part of the Australian

Australia has awarded acreage permits to assess the feasibility of greenhouse gas storage off the northwest coast. The move is part of the Australian governments plan to cut CO₂ emissions by 43% by the end of this decade. Inpex will operate the Bonaparte CCS assessment joint venture with a 53% stake while TotalEnergies and Woodside will own 26% and 21%. Inpex Australia, Woodside Energy, and Mitsubishi have secured the first of five new offshore carbon storage permits under the 2021 offshore Greenhouse Gas Storage Acreage Release. Three companies have been authorized to conduct assessments and evaluations in the G7AP area of ​​the Bonaparte Basin on the northwest coast of Australias Northern Territory. Federal Resources Minister Madeleine King said the government will finalize the award of all five new greenhouse gas storage permits. Read More..

B2B Tech News | 2 years ago          

Korea and Russia sign a $2.25 billion contract with the nuclear company

The state nuclear companies of South Korea and Russia have signed a 3 trillion won contract to supply parts for Egypts first nuclear power plant. ASEs

The state nuclear companies of South Korea and Russia have signed a 3 trillion won contract to supply parts for Egypts first nuclear power plant. ASEs contract with stateowned Korea Hydro & Nuclear Power calls for South Korea to provide construction work and turbinerelated equipment for a power plant under construction in Dabaa, about 130 kilometers northwest of Cairo on the Mediterranean coast. ASE is owned as a subsidiary of the Russian state nuclear power company Rosatom. The talks are being delayed due to unexpected factors such as Russias war in Ukraine and USled sanctions against Moscow, said Yoon Seokyeol, a senior adviser to the presidents office. Read More..

B2B Tech News | 2 years ago          

Australian shoppers are turning to cheaper goods amid decades of high inflation

Australia continues to experience multidecade high inflation, and the biggest supermarkets in the country have started to notice that consumers are tu

Australia continues to experience multidecade high inflation, and the biggest supermarkets in the country have started to notice that consumers are turning to less expensive goods. Woolworths CEO Brad Banducci says Australian consumers are beginning to shift their spending toward less expensive goods. Indicating that food prices are rising faster than the headline inflation rate, the average price of food increased by 3.6% over the three months ending in June. The Australian Bureau of Statistics reported the highest inflation rate since the early 2000s, at 6.1%, for the year ending in June. Coles, Coles main rival, presented similar findings in their yearend results. To keep customers interested, supermarkets have implemented a price freeze on basic items. Read More..

B2B Tech News | 2 years ago          

Macron issues a end of abundance warning as France experiences a challenging winter

Emmanuel Macron warned the French they are facing sacrifices and what he called the end of abundance at his governments first cabinet meeting after th

Emmanuel Macron warned the French they are facing sacrifices and what he called the end of abundance at his governments first cabinet meeting after the summer holidays. He said the country was at a tipping point and faced a difficult winter and a new era of instability caused by climate change and Russias invasion of Ukraine. His somber speech was criticized as illjudged and a snub to the countrys outofwork and poor who had already made sacrifices. Read More..

B2B Tech News | 2 years ago          

Subsbase Egypt raises $2.4 million for its subscription and recurring revenue management platform

Seed funding for SubsBase totaled $2.4 million and was provided by the venture capital firm Global Ventures. With the collection, operational, analyti

Seed funding for SubsBase totaled $2.4 million and was provided by the venture capital firm Global Ventures. With the collection, operational, analytics, invoicing, and billing tools provided by the cloudbased platform, subscriptionand recurring revenuebased businesses can manage their customers effectively. Since its launch more than a year ago, SubsBase has experienced monthly growth of 200%. Currently, SubsBase faces little to no competition in the area. The business uses a subscriptionbased business model and offers three distinct plans with set prices. Read More..

B2B Tech News | 2 years 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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