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Groq Secures $1.5 Billion from Saudi Arabia to Boost AI Chip Expansion

Saudi Arabia has committed $1.5 billion to help U.S. semiconductor firm Groq increase the delivery of AI chips. The Silicon Valley company, which spec

Saudi Arabia has committed $1.5 billion to help U.S. semiconductor firm Groq increase the delivery of AI chips. The Silicon Valley company, which specialises in AI inference processors that optimise speed, has an agreement with Aramco Digital to establish a regional AI hub. Groq has secured U.S. export permits for its chips and plans to utilise the money to expand its data centre in Dammam. The news was made at Saudi Arabias LEAP 2025 event, where $14.9 billion in AI investments were secured. The Dammam centre will support Allam, a Saudideveloped AI language model in Arabic and English. After receiving $640 million from investors like Cisco, Samsung Catalyst Fund, and BlackRock, Groq was valued at $2.8 billion in August. Read More..

B2B Tech News | 12 months ago          

Central African Republic Launches $CAR Meme Coin to Boost Global Profile

A meme coin called $CAR has been introduced by the Central African Republic CAR as part of President FaustinArchange Touaderas initiative to raise the

A meme coin called $CAR has been introduced by the Central African Republic CAR as part of President FaustinArchange Touaderas initiative to raise the nations visibility internationally. CAR has been utilising Bitcoin as legal cash for almost three years, and now it is leveraging the meme coin to promote national development and bring people together. With little realworld application, meme coins—frequently linked to online trends—are highly erratic. Despite having abundant natural resources, the CAR is nonetheless poor and often targets rebel attacks. The campaign comes after the $Trump joke coin temporarily soared before plummeting. Government efforts are underway to restore the suspended X account for $CAR upgrades. According to CoinGecko, the cryptocurrency was trading at $0.22 on Monday. Read More..

B2B Tech News | 12 months ago          

Saudi Arabia Unveils 1.5 GW AI Project in NEOM’s Oxagon with DataVolt

In its Oxagon industrial zone, Saudi Arabias NEOM has teamed up with DataVolt to build a 1.5 GW netzero AI project. The first phase of the project, wh

In its Oxagon industrial zone, Saudi Arabias NEOM has teamed up with DataVolt to build a 1.5 GW netzero AI project. The first phase of the project, which will cost $5 billion, is expected to begin in 2028. The monarchy is up against competition from the UAE and Qatar, which use their financial might and energy resources to create an AI hub. Saudi Arabias Public Investment Fund is developing a $40 billion AI investment fund. NEOM, a key component of Vision 2030, seeks to lessen dependency on oil income, positioning Oxagon as a renewable energypowered industrial metropolis. Nevertheless, the prioritisation of critical projects necessary for staging international athletic events has been brought about by increased expenses. Read More..

B2B Tech News | 12 months ago          

India to Warn Against Chinese AI Tool DeepSeek Over Privacy, Security Concerns

Given serious worries about data privacy and possible cyber espionage, the Indian government is getting ready to issue an advice warning against using

Given serious worries about data privacy and possible cyber espionage, the Indian government is getting ready to issue an advice warning against using the Chinese AI tool DeepSeek. The Indian Computer Emergency Response Team CERTIn conducted a comprehensive examination and found that DeepSeek gathers user data, including device information, prompts, and keyboard patterns. This data collecting raises concerns for national security and may result in the tracking of user behaviour without authorisation. The use of DeepSeek on official devices has already been prohibited in several nations, including Australia and Italy. Citing confidentiality concerns, Indias finance ministry recently cautioned its staff against utilising AI applications such as DeepSeek and ChatGPT on governmentowned computers. Read More..

B2B Tech News | 12 months ago          

Macron Champions AI and Clean Energy at Paris Summit, Urges Firms to Choose Europe

At the AI Action Summit in Paris, French President Emmanuel Macron urged companies to select Europe and reaffirmed Frances commitment to the race for

At the AI Action Summit in Paris, French President Emmanuel Macron urged companies to select Europe and reaffirmed Frances commitment to the race for artificial intelligence. He underlined Frances superiority in clean electric power and its capacity to provide AIs enormous energy needs sustainably. "Here, there is no need to drill," Macron said, comparing Frances strategy to other countries and citing a U.S. position on fossil fuels. Plug, plug, plug, baby. His comments promoted energyefficient alternatives while highlighting Europes drive for AI innovation. Macron hopes to draw in foreign investment and position Europe as a significant force in the quickly developing AI sector by establishing France as a leader in AI with sustainable infrastructure. Read More..

B2B Tech News | 12 months ago          

MeiTy Issues Urgent Security Alert for Android Users Amid Critical Vulnerabilities

Multiple vulnerabilities in Android 12 and later versions have been the subject of a highpriority notice from the Ministry of Electronics and Informat

Multiple vulnerabilities in Android 12 and later versions have been the subject of a highpriority notice from the Ministry of Electronics and Information Technology MeiTy. MeiTy and CERTIn discovered vulnerabilities in the Android framework and chipset components that might give hackers access to private information, elevate privileges, run arbitrary code, or launch denialofservice DoS attacks. Immediately updating devices, turning on automatic updates, avoiding untrusted apps, creating secure passwords with twofactor authentication, and controlling app permissions are all highly recommended. Risks can be reduced by keeping an eye out for phishing efforts and routinely checking security settings. The warning emphasises how crucial proactive cybersecurity measures are to safeguarding device integrity and personal data. Read More..

B2B Tech News | 12 months ago          

Malicious AI Models Found on Hugging Face, Exposing OpenSource Risks

ReversingLabs, a cybersecurity firm, noticed that Hugging Face, a wellknown centre for AI and ML, was hosting fraudulent models that contained malware

ReversingLabs, a cybersecurity firm, noticed that Hugging Face, a wellknown centre for AI and ML, was hosting fraudulent models that contained malware. The Python module Pickle file serialisation, which permits code execution during deserialisation and poses a security risk in opensource systems, was abused by the attackers. Hugging Faces Picklescan detection tool was evaded by two compromised PyTorch models compressed in the 7z format. This method—dubbed "nullifAI"—made it possible for malware to infect unwary engineers. Hugging Face quickly removed the models within 24 hours of receiving the notification on 20 January and strengthened its security protocols. The occurrence draws attention to the dangers of opensource AI systems and the necessity of more robust security measures to thwart future attacks of this nature. Read More..

B2B Tech News | 12 months ago          

OpenAI to Develop InHouse AI Chips, Aims for 2026 Mass Production

To lessen its dependency on Nvidia, OpenAI is developing its AI chips and plans to massproduce them by 2026 with Taiwans TSMC. The project, spearheade

To lessen its dependency on Nvidia, OpenAI is developing its AI chips and plans to massproduce them by 2026 with Taiwans TSMC. The project, spearheaded by Richard Ho and partnering with Broadcom, is centred on a trainingcentric semiconductor with sophisticated networking and highbandwidth memory. The chip might improve OpenAIs AI infrastructure and increase its negotiating leverage with chip vendors, even though it will only be initially used on a small scale. Tech titans like Microsoft and Meta are also developing bespoke silicon in response to the escalating expense of AI systems. The success of OpenAI depends on scalability and effective implementation because Nvidia has an 80% market share. Although its unclear if it can compete with Nvidias dominance, this initiative, if successful, might change the dynamics of AI hardware. Read More..

B2B Tech News | 12 months ago          



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