Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

Salt Typhoon Campaign Targets Major U.S. Telecom Firms in Cyberespionage Effort

The Chinese hacking collective "Salt Typhoon" has been exposed by the United States for its cyberespionage effort, which involved breaking into at lea

The Chinese hacking collective "Salt Typhoon" has been exposed by the United States for its cyberespionage effort, which involved breaking into at least eight U.S. telecom companies, including Verizon, AT&T, and TMobile, and stealing metadata from countless Americans. Although call content was not accessed, stolen metadata, like call duration, recipients, and locations, might provide intimate details about a persons life. Audio intercepts over the phone were also allegedly corrupted in certain instances. Addressing the hack has been a top priority for the White House, and President Biden has been briefed several times. The threat was emphasised by a classified Senate meeting that included the FBI and FCC. This hack emphasises how urgently telecommunications cybersecurity needs to be improved to safeguard vital infrastructure and stop future abuse. Read More..

B2B Tech News | 7 days ago          

Citigroup Rolls Out AI Tools for 140,000 Employees Across Eight Countries

Citigroup has introduced new AI capabilities for 140,000 workers in eight countries to increase efficiency and streamline processes. "Citi Stylus" ena

Citigroup has introduced new AI capabilities for 140,000 workers in eight countries to increase efficiency and streamline processes. "Citi Stylus" enables the simultaneous summarization, comparison, and search of many documents. At the same time, "Citi Assist" functions as an intelligent coworker, guiding staff members through internal policies across HR, risk, compliance, and finance. First made available in the United States, Canada, Hungary, India, Ireland, Poland, Singapore, and the United Kingdom, the tools will eventually be available worldwide. Based on staff input and user experiences, Citi intends to improve the tools. The deployment of AI differs from continuous initiatives to enhance data quality and adherence to regulations. With this action, Citi joins rivals like Bank of America and Morgan Stanley, which employ AI for specialized tasks. Read More..

B2B Tech News | 7 days ago          

Elon Musk’s xAI to Build World’s Largest GPU Cluster for AI Chatbot Grok

Elon Musks artificial intelligence business, xAI, intends to scale its Colossus supercomputer in Memphis from 100,000 to more than 1 million GPUs to t

Elon Musks artificial intelligence business, xAI, intends to scale its Colossus supercomputer in Memphis from 100,000 to more than 1 million GPUs to train its AI chatbot, Grok. This is a significant development in xAIs fight against competitors such as OpenAI. Super Micro and Dell will assemble the servers, while Nvidia will provide the GPUs. Additionally, the expansion will bring these businesses to Memphis for new operations. However, the project has come under environmental investigation due to energy consumption issues and claims of possible unauthorised usage of gas turbines for power. The action highlights the adverse effects of massive AI infrastructure on the environment and demonstrates Musks determined efforts to oppose OpenAI. Read More..

B2B Tech News | 7 days ago          

Schneider Electric Teams Up with Nvidia to Revolutionize AI Data Center Cooling

Nvidia and Schneider Electric are working together to create cooling solutions for data centres with artificial intelligence of the future. With 72 hi

Nvidia and Schneider Electric are working together to create cooling solutions for data centres with artificial intelligence of the future. With 72 highperformance AI chips that need up to 132 kilowatts of power per server rack, these architectures will support Nvidias forthcoming flagship servers. The most sophisticated servers will require liquid cooling, so Schneider is creating scalable cooling solutions suited to Nvidias systems power requirements. Customers of data centres and cloud computing companies will be the target market for these products. This collaboration complements Schneiders AI data centre growth initiatives, including a $3 billion agreement with Compass Datacenters for the fiveyear supply of electrical equipment. This discovery demonstrates how AIdriven enterprises are placing more emphasis on energyefficient infrastructure. Read More..

B2B Tech News | 7 days ago          

Qatar Announces £1 Billion Investment in UK Climate Technology During Emir’s State Visit

A portion of the £1 billion $1.3 billion Qatar intends to invest in climate technologies in the UK will go to engineering company RollsRoyce to suppo

A portion of the £1 billion $1.3 billion Qatar intends to invest in climate technologies in the UK will go to engineering company RollsRoyce to support its energy transition projects. This news was made as Qatari Emir Sheikh Tamim bin Hamad Al Thani was in Britain on a state visit. He is scheduled to meet with Prime Minister Keir Starmer. The initiative intends to build climate technology hubs and generate thousands of employment in both nations, emphasising improvements in carbon management, renewable fuels, and energy efficiency. Lower carbon technologies are crucial for facilitating the energy transition, according to RollsRoyce CEO Tufan Erginbilgic. Notable properties like the Canary Wharf and the Shard are among the Qatari Investment Authoritys substantial investments in the UK. Read More..

B2B Tech News | 8 days ago          

President Biden Makes Historic First Visit to Angola, Strengthening U.S.Angola Relations

The first time a sitting U.S. president visited Angola was Tuesday when U.S. President Joe Biden met with Angolan President João Lourenço in Luanda.

The first time a sitting U.S. president visited Angola was Tuesday when U.S. President Joe Biden met with Angolan President João Lourenço in Luanda. During their discussions, Biden highlighted a $3 billion U.S. investment in the Lobito Corridor railway redevelopment project. He expressed satisfaction with the two countries Cold Warera alliance. By improving raw material transit between Angola, Zambia, and Congo, this corridor seeks to offset Chinas regional influence. Like Chinas Belt and Road plan, the railway project supports U.S. efforts to improve African infrastructure and trade. To recognise the historical ties between the two countries and talk about potential future collaboration, Biden will also stop by Angolas National Slavery Museum. Read More..

B2B Tech News | 8 days ago          

Barclays Agrees to $19.5 Million Settlement in Manhattan Securities Fraud Lawsuit

A Manhattan securities fraud case against Barclays has been settled for $19.5 million. The shareholders claimed that the bank had misled them about it

A Manhattan securities fraud case against Barclays has been settled for $19.5 million. The shareholders claimed that the bank had misled them about its adherence to regulatory requirements. The case was brought after Barclays acknowledged in March 2022 that it had sold $15.2 billion more in structured and exchangetraded notes than the $20.8 billion U.S. regulators approved, including an additional $17.7 billion. According to shareholders, relying on Barclays guarantees about its internal controls and regulatory compliance led to losses. The tentative settlement was submitted to a federal court and needs U.S. District Judge Katherine Polk Faillas permission. Barclays still disputes any misconduct regarding compensation. Read More..

B2B Tech News | 8 days ago          

BlackRock Acquires HPS Investment Partners for $12 Billion in Strategic Move to Expand Private Credit Portfolio

BlackRock announced that it will acquire private credit company HPS Investment Partners for about $12 billion in an allstock transaction to increase i

BlackRock announced that it will acquire private credit company HPS Investment Partners for about $12 billion in an allstock transaction to increase its footprint in the quickly expanding private credit sector. Nonbank lending has increased due to tighter rules imposed on regular banks by 2029, private credit is predicted to reach $2.6 trillion. The transaction will create a comprehensive private credit franchise worth about $220 billion by combining BlackRocks current $85 billion private credit platform with HPSs $148 billion assets under management. This action is a component of BlackRocks larger plan to strengthen its alternative asset management skills and increase chances for feegenerating in the face of growing competition in the private credit market. Read More..

B2B Tech News | 8 days ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   3890   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   2691   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   2976   

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.
   3151   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4160   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.