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Blackstone Announces £10 Billion AI Data Center Investment in Northeast England

The British Prime Ministers Office stated that U.S. private equity giant Blackstone has confirmed an investment of £10 billion $13.3 billion in an ar

The British Prime Ministers Office stated that U.S. private equity giant Blackstone has confirmed an investment of £10 billion $13.3 billion in an artificial intelligence data centre in northeast England. 1,200 of the 4,000 jobs this project will create—construction on the site will start next year. Originally planned to house an electric car battery plant before the demise of the Britishvolt venture, the data centre will be situated on a previously abandoned site in Blyth, Northumberland. A further indication of Blackstones commitment to the regions economic growth is its intention to donate £110 million to support local skill training and transit infrastructure. Read More..

B2B Tech News | 1 years ago          

SpaceX Eyes $1.5 Billion Investment in Vietnam to Boost Starlink Services

To overcome delays in the launch of its Starlink satellite services, Elon Musks SpaceX intends to invest $1.5 billion in Vietnam. After meeting SpaceX

To overcome delays in the launch of its Starlink satellite services, Elon Musks SpaceX intends to invest $1.5 billion in Vietnam. After meeting SpaceXs Tim Hughes in New York, President To Lam announced that the Vietnamese government was considering making this investment. Hughes said the total investment might be as much as $15 billion, although he did not specify the scope or timing of the project. Vietnam, a country of 100 million people, offers a sizable market for American internet providers, but dependable service delivery is hampered by antiquated infrastructure and geographical restrictions. Although legislative obstacles, such as local ownership restrictions and data storage requirements, continue to worry, the alliance hopes to improve disaster response and education Read More..

B2B Tech News | 1 years ago          

Cybersecurity Alert SloppyLemming Exploits Cloud Platforms for Credential Harvesting and Malware Delivery

Dubbed SloppyLemming also Outrider Tiger and Fishing Elephant, an advanced threat actor connected to India, has been aggressively leveraging cloud ser

Dubbed SloppyLemming also Outrider Tiger and Fishing Elephant, an advanced threat actor connected to India, has been aggressively leveraging cloud service providers for commandandcontrol activities, malware distribution, and credential harvesting. Targeting nations in South and East Asia, such as Bangladesh, Sri Lanka, and Pakistan, SloppyLemming has been operational since at least July 2021. Their strategies include sending victims to credential harvesting pages via spearphishing emails that create a sense of urgency. The organisation uses malicious RAR files to attack vulnerabilities such as CVE202338831 and collects Google OAuth tokens with a bespoke tool dubbed CloudPhish. SloppyLemming has been targeting law enforcement in Pakistan and organisations associated with the countrys nuclear plant. The group has employed rogue executables sent by posing as the Punjab Information Technology Board. Read More..

B2B Tech News | 1 years ago          

OpenAI Expands Access to Advanced Voice Mode for ChatGPT, Enhancing User Experience

Expanding access beyond the restricted set of users who received the capability in July, OpenAI has made the Advanced Voice Mode available to all Chat

Expanding access beyond the restricted set of users who received the capability in July, OpenAI has made the Advanced Voice Mode available to all ChatGPT paying customers. This mode, exclusive to Android and iOS apps, provides a humanlike, emotionally expressive voice experience with five additional voices Vale, Spruce, Arbour, Maple, and Sol. By pressing the waveform symbol, users may turn it on and personalise their replies using the custom instructions function. However, the EU, UK, and other European nations are not included in the rollout because of privacy concerns. Even though Googles Gemini Live was released sooner, OpenAI improved conversational speed, smoothness, and accents before this broader release. Read More..

B2B Tech News | 1 years ago          

Microsoft Launches Correction Feature to Tackle AI Hallucinations in Azure

Microsoft has released a new AI function, "Correction," meant to solve the situation where AI models generate false information—a.k.a. AI hallucinat

Microsoft has released a new AI function, "Correction," meant to solve the situation where AI models generate false information—a.k.a. AI hallucinations. The functionality is included in Azure AI Content Safetys groundedness detection mechanism, ensuring that AIgenerated replies correspond with certain grounding documents, especially in document summarisation and retrievalbased situations. Correction offers a reason for the modification and a request for correction when it finds an unfounded or inaccurate assertion. This functionality is aimed at enterprise clients and is accessible through Azure. Microsoft stresses that while groundedness detection helps to match verified documents with AI replies it does not fix accuracy problems entirely. The business is still investigating ways to lessen AI delusions. Read More..

B2B Tech News | 1 years ago          

Bharti Airtel Launches Indias First AIPowered Spam Detection for Calls and SMS

Bharti Airtel has introduced Indias first networkbased, AIpowered spam detection system to tackle spam calls and messages. This free service offers re

Bharti Airtel has introduced Indias first networkbased, AIpowered spam detection system to tackle spam calls and messages. This free service offers realtime notifications for suspected spam communications and is activated immediately for all Airtel subscribers. The AI technology, created by Airtels data scientists, analyses call and SMS trends using a proprietary algorithm to detect spam based on call duration, frequency, and other factors. Furthermore, it uses a blacklist database crossreference to identify harmful URLs in SMS messages. To improve consumer security against changing fraud risks, Airtels duallayer protection system analyses billions of calls and messages daily, detecting 100 million probable spam calls and 3 million spam messages. Read More..

B2B Tech News | 1 years ago          

Metas Orion AR Glasses Set for 2027 Release, Alongside AIPowered Social Media Tools

At its Connect conference, Meta Platforms revealed Orion, a prototype AR eyewear that provides a peek into the future of augmented reality. After more

At its Connect conference, Meta Platforms revealed Orion, a prototype AR eyewear that provides a peek into the future of augmented reality. After more development, handtracking, speech, and neural interfacecontrolled spectacles should be available for general purchase by 2027. Concurrently, Meta unveiled enhancements to its AI chatbot, such as voice options for celebrities and automated social media picture creation. Realtime language translation has been added to the RayBan smart glasses, and a new entrylevel mixedreality headgear called the Quest 3S has been shown. In the first half of 2024, Reality Labs lost $8.3 billion. Nevertheless, Meta still invests much in AI and AR technologies to increase usability and integration into everyday life. Read More..

B2B Tech News | 1 years ago          

Wiz Explores Share Sale Amid Valuation Aspirations of $15B to $20B

Americas Bloomberg News reports that Israeli cybersecurity firm Wiz is considering selling its current stock, with a target of $15 billion to $20 bill

Americas Bloomberg News reports that Israeli cybersecurity firm Wiz is considering selling its current stock, with a target of $15 billion to $20 billion. A $500 million to $700 million tender offer for existing shareholders interests would be possible under the proposed deal. Wiz had earlier this year ended talks with Alphabet, the parent company of Google, over a planned $23 billion transaction that would have raised the companys worth substantially after a $1 billion investment round in May. Lightspeed Venture Partners, G Squared, and Thrive Capital are the venture companies that might be engaged in this possible purchase. Using artificial intelligence, Wiz, a leader in cloudbased cybersecurity solutions, assists businesses in identifying and reducing major threats on cloud platforms. Read More..

B2B Tech News | 1 years ago          



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