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Meta Unveils “Motivo” AI to Revolutionize Metaverse Avatars with Lifelike Motion

With realistic nonplayer characters NPCs and lifelike movements, Meta Motivo, a novel AI model that can govern humanlike digital entities, promises to

With realistic nonplayer characters NPCs and lifelike movements, Meta Motivo, a novel AI model that can govern humanlike digital entities, promises to improve Metaverse experiences. With expected capital expenditures of $37–40 billion in 2024, the corporation has invested significantly in AI, augmented reality, and Metaverse technology. Meta Motivo makes motions smooth and humanlike by resolving body control concerns in digital avatars. Additionally, Meta unveiled the Large Concept Model LCM, a cuttingedge AI framework designed to improve reasoning in multilingual and multimodal environments by predicting highlevel concepts rather than individual tokens. It also introduced Video Seal, a tool that enhances the authenticity of recordings by adding traceable, invisible watermarks. Read More..

B2B Tech News | 4 months ago          

Tenstorrent and BOS Semiconductors Reveal Revolutionary AI Chips for Autonomous Vehicles

With support from Hyundai Motor Group, South Koreas BOS Semiconductors and Canadian startup Tenstorrent have introduced AI chips for autonomous drivin

With support from Hyundai Motor Group, South Koreas BOS Semiconductors and Canadian startup Tenstorrent have introduced AI chips for autonomous driving and incar infotainment. By combining tiny chipsets into more significant systems, these chips—the first "automotive chipset AI accelerator"—allow automakers to save costs and customise functionality. The chips, known as EagleN, will make their CES 2024 debut and go into production in 2026 talks to supply German automobiles are now in progress. The chips, made with Samsungs cuttingedge 5nm process, are meant to compete with Qualcomm and other industry titans. With support from Hyundai, Samsung, and Jeff Bezos family office, the endeavour is led by Tenstorrent CEO Jim Keller, who has experience at Apple and Tesla, and BOS founder Park Jaehong, a former Samsung developer for Apple and Tesla. Read More..

B2B Tech News | 4 months ago          

Apple to Replace Broadcom Components with InHouse Proxima Chips by 2025

By 2025, Apple plans to replace Broadcomsupplied Bluetooth and WiFi chips in iPhones and smart home appliances with its processor, Proxima. Taiwan Sem

By 2025, Apple plans to replace Broadcomsupplied Bluetooth and WiFi chips in iPhones and smart home appliances with its processor, Proxima. Taiwan Semiconductor Manufacturing Co. will manufacture the chips. Apple is also developing a line of internal cellular modem processors to replace Qualcomm components, with plans to integrate the two systems eventually. Furthermore, Apple and Broadcom work together on Baltra, the companys first server processor designed for AI processing. Despite these developments, Apple and other tech behemoths still need help lowering their reliance on Nvidias expensive, indemand AI processors. Apple and Broadcom inked a multibilliondollar agreement last year for 5G components to further highlight their continued partnership. Read More..

B2B Tech News | 4 months ago          

Bank of Mexico Confident in Financial System Amid Economic Weaknesses and Market Volatility

Despite the nations economic vulnerabilities and the risks associated with market volatility and possible trade disputes, the Bank of Mexico, Mexicos

Despite the nations economic vulnerabilities and the risks associated with market volatility and possible trade disputes, the Bank of Mexico, Mexicos central bank, stated confidence in the financial system. The bank emphasised the resilience of financial institutions in its biannual financial stability report, pointing out that capital and liquidity levels surpass legal minimums. The elections and Presidentelect Donald Trumps threats of U.S. tariffs on Mexican goods have caused considerable volatility in Mexican markets over the second part of the year. Banxico stated that market behaviour remained "relatively orderly" despite these difficulties. Despite highlighting the benefits of nearshoring trends for bank credit and economic integration with the United States, the central bank projects modest growth of 1.8% in 2024 and 1.2% in 2025. Read More..

B2B Tech News | 4 months ago          

Brazil’s Central Bank Hikes Interest Rates to 12.25%, Signals Further Increases Ahead

At its subsequent two sessions, the Brazilian central bank indicated that interest rates may be raised by another 100 basis points, which would lift t

At its subsequent two sessions, the Brazilian central bank indicated that interest rates may be raised by another 100 basis points, which would lift the benchmark Selic rate to 12.25%. If this pattern continues, the rate may hit 14.25% by March, demonstrating the banks resolve to keep inflation under control in the face of strong economic growth and a competitive job market. The decision was made in response to President Lula da Silvas administrations spending cut package, which was below expectations, affecting inflation dynamics and undermining trust in fiscal management. The central bank increased its forecast for inflation from 4.6% to 4.9% this year. While controlling the budgetary risks brought on by rising debt servicing expenses, this tightening cycle seeks to meet the 3% inflation target. Read More..

B2B Tech News | 4 months ago          

Bank of Japan Poised to Hold Interest Rates Steady Amid Economic Uncertainty

To carefully evaluate foreign concerns and the wage forecast for the upcoming year, officials are expected to keep interest rates constant next week a

To carefully evaluate foreign concerns and the wage forecast for the upcoming year, officials are expected to keep interest rates constant next week at the Bank of Japans BOJ meeting. This choice may make a rate hike more likely in January or March when additional wage trend data becomes available. Regarding the December decision, the BOJ is divided some members think the time is suitable for an increase, while others urge caution in light of the present inflation rate. As market expectations fluctuate, the BOJs final policy meeting of the year is scheduled for December 18–19. Most economists predict a rate increase to 0.5% by the end of March. Read More..

B2B Tech News | 4 months ago          

South Korean Political Turmoil Exposes Need for Corporate Reform Amid Korea Zinc Control Battle

Political unrest and the pressing need for measures to curtail the influence of familyowned corporations have escalated since the failed coup attempt

Political unrest and the pressing need for measures to curtail the influence of familyowned corporations have escalated since the failed coup attempt of South Korean President Yoon Suk Yeol. Despite a power struggle involving Chair Yun B. Choi, the KOSPI index needs help as Korea Zinc prepares for a crucial $22 billion shareholder meeting in January to consider new board members. To thwart a takeover effort by the private equity company MBK and another founding family, Choi attempted to sell $1.8 billion worth of shares, which drew criticism. Even if this proposal is dropped, he will still be the CEO. Directors duties are mainly to the corporation, not shareholders, which brings essential corporate governance issues to light. In the corporate environment of South Korea, it is becoming more and more critical to reform rules to guarantee equitable treatment of shareholders. Read More..

B2B Tech News | 4 months ago          

Australia Penalizes Bit Trade $5.1 Million for Unlawful Credit Facility Offerings

Bit Trade, the regional operator of the cryptocurrency exchange Kraken, has been fined A$8 million $5.1 million by Australias corporate regulator for

Bit Trade, the regional operator of the cryptocurrency exchange Kraken, has been fined A$8 million $5.1 million by Australias corporate regulator for illegally providing a credit facility to more than 1,100 clients. According to the Australian Securities and Investments Commission ASIC, Bit Trade lost more than $5 million due to improperly determining whether clients were eligible for its margin trading product. This product enabled margin extensions, effectively loans or credit that may be repaid with traditional currencies like the US dollar or digital assets like Bitcoin. In August, the Federal Court of Australia declared that this offering qualified as a credit facility, which requires a precise target market analysis to shield investors from potentially hazardous goods. Read More..

B2B Tech News | 4 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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