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Samsungs HBM3E Chips Pass Nvidias AI Processor Tests, Poised for Q4 2024 Deliveries

The passage of Nvidias testing for usage in AI processors by Samsung Electronics fifthgeneration High Bandwidth Memory HBM3E chips is a critical step

The passage of Nvidias testing for usage in AI processors by Samsung Electronics fifthgeneration High Bandwidth Memory HBM3E chips is a critical step towards Samsungs competition with SK Hynix in the market for advanced memory chips. Delivery of the supply agreement is anticipated by Q4 2024. The 12layer HBM3E chips still require certification, though. AI GPUs use HBM technology, which improves data processing by stacking chips to conserve space and power. This certification came amid growing GPU demand driven by artificial intelligence AI after Samsung resolved prior heat and power concerns. According to TrendForce, HBM3E will rule the market this year, and by Q4 2024, Samsung wants these chips to account for 60% of its HBM sales. Read More..

B2B Tech News | 1 years ago          

Telkom Indonesia Hires Goldman Sachs and Mandiri Sekuritas to Seek Strategic Investor for NeutraDC

To locate a strategic investor for NeutraDC, its data centre company, Telkom Indonesia, has enlisted the help of Goldman Sachs and Mandiri Sekuritas.

To locate a strategic investor for NeutraDC, its data centre company, Telkom Indonesia, has enlisted the help of Goldman Sachs and Mandiri Sekuritas. Mandiri Sekuritas will be the principal advisor, and Goldman Sachs will be the global financial adviser. Telkoms plan to optimise value for its stakeholders includes the possible sale of a minority interest in NeutraDC, which may fetch a price of more than $1 billion. The AI boom is driving higher demand and investment in the data centre sector. Telkom now has 29 data centre locations and intends to add more in Jakarta and Batam. Telkom Indonesia, the largest telecommunications firm in the nation, is valued at more than $17 billion on the market. Read More..

B2B Tech News | 1 years ago          

Reserve Bank of Australia Keeps Interest Rates Unchanged at 4.35% Amid Persistent Inflation

Interest rates remained at a 12year high of 4.35% during the August policy meeting of Australias Reserve Bank of Australia RBA. The RBA stressed that

Interest rates remained at a 12year high of 4.35% during the August policy meeting of Australias Reserve Bank of Australia RBA. The RBA stressed that inflation, which is still above the goal of 3.8%, needs to be contained. Rates must stay low. Markets somewhat discounted a rate drop in November due to the decision. The RBA believes inflation will stay high despite recently decreasing core inflation. In addition to threeyear bond futures holding gains, the Australian dollar remained stable at $0.6506. With other central banks starting to loosen their policies, economists predict that inflation will gradually decline and that a rate decrease is unlikely until early 2025. Read More..

B2B Tech News | 1 years ago          

Ola Electrics $734 Million IPO Fully Subscribed on Second Day Amid Global Market SellOff

Amid a selloff in global equities markets, Ola Electrics $734 million initial public offering IPO was subscribed entirely on day two. Over $447 millio

Amid a selloff in global equities markets, Ola Electrics $734 million initial public offering IPO was subscribed entirely on day two. Over $447 million in bids have been made for Indias most extensive initial public offering IPO this year, the first from an electric car manufacturer in the nation. The IPO had a 35% subscription on its first day, with one day remaining for bidding. To increase the costeffectiveness of its escooters, Ola intends to spend the proceeds from the IPO on its cell production. Big players like Nomura and Norges Bank have placed aggressive bids for shares worth $2 billion, six times the amount allotted to them. Read More..

B2B Tech News | 1 years ago          

Groq Raises $640 Million in Series D Funding Led by Cisco, Samsung, and BlackRock

In a Series D fundraising round headed by Cisco Investments, Samsung Catalyst Fund, and BlackRock Private Equity Partners, semiconductor firm Groq rai

In a Series D fundraising round headed by Cisco Investments, Samsung Catalyst Fund, and BlackRock Private Equity Partners, semiconductor firm Groq raised $640 million, valuing the business at $2.8 billion. Developed by a former engineer at Alphabet, Groq specialises in AI inference chips that accelerate and improve the performance of pretrained models. Groq, a rival to Nvidia in the AI chip business, has modified Metas LLaMA big language model to operate on its processors. Groq intends to develop GroqCloud and scale its tokensasaservice TaaS product with the additional funds. By Q1 2025, the business will have deployed over 108,000 Language Processing Units. Stuart Pann has been hired as COO, and Yann LeCun as technical adviser. It is growing the level of demand. Read More..

B2B Tech News | 1 years ago          

Lumen Technologies Secures $5 Billion in New Deals, Including Major Agreement with Microsoft for AI Support

Microsoft is among the cloud and IT businesses with whom Lumen Technologies has signed new $5 billion partnerships. Lumens network equipment will be u

Microsoft is among the cloud and IT businesses with whom Lumen Technologies has signed new $5 billion partnerships. Lumens network equipment will be used to support AI workloads. The increased usage of AI is pushing businesses to invest significantly in infrastructure supporting AI applications. Additionally, Lumen is negotiating to acquire an extra $7 billion in sales prospects. The corporation emphasises the importance of highcapacity fibre and its role in AIready infrastructure. According to CEO Kate Johnson, this growth is one of the most significant advancements on the internet. To handle its Private Connectivity Fabric solutions and meet growing demand, Lumen has now established a new branch called Custom Networks. Read More..

B2B Tech News | 1 years ago          

Rockwell Automation ControlLogix 1756 Flaw Allows Unauthorized CIP Commands Execution

Common Industrial Protocol CIP instructions might be executed by attackers using a highseverity security bypass vulnerability in Rockwell Automation C

Common Industrial Protocol CIP instructions might be executed by attackers using a highseverity security bypass vulnerability in Rockwell Automation ControlLogix 1756 devices. The vulnerability enables ControlLogix controllers to circumvent the Trusted Slot function, possibly altering user projects or device settings. The flaw, which Claroty found, allows attackers to transmit malicious commands to the PLC CPU by circumventing security barriers through CIP routing. This problem necessitates network access to the device, but it also has the potential to download arbitrary logic to the CPU. Updated versions of the impacted goods have fixed the bug. Security expert Sharon Brizinov said unsecured chassis slots might provide unauthorised access to crucial control systems. Read More..

B2B Tech News | 1 years ago          

New Safari Feature “Distraction Control” Enhances Browsing by Blocking Unwanted Elements

Distraction Control is a brandnew Safari feature included in Apples most recent iOS 18 and macOS Sequoia betas. To improve their surfing experience, u

Distraction Control is a brandnew Safari feature included in Apples most recent iOS 18 and macOS Sequoia betas. To improve their surfing experience, users may use this function to turn off particular website components, such as overlays and popups for signin. Distraction Control is a feature that allows users to select objects to conceal via page refreshes manually, provided that the item remains unchanged. It is accessible through the Page Menu interface. Ads will still appear when the website loads, so its not an ad blocker. Distraction Control acts like popups are manually closed, regardless of whether cookies are accepted or denied. The same menu allows users to unhide things. Developer beta testers can try this functionality now, and a public beta and full release are planned for next month. Read More..

B2B Tech News | 1 years ago          



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