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Hexaware Launches Gen AI App for Retailers on AWS Marketplace

With the release of its Gen AI App for businesses on Amazon Marketplace, Hexaware allowed ecommerce businesses to use generative AI to improve product

With the release of its Gen AI App for businesses on Amazon Marketplace, Hexaware allowed ecommerce businesses to use generative AI to improve product graphics, automate the production of product descriptions, and simplify bulk picture uploads. The software uses AI to update graphics to fit brand aesthetics, improving consumer engagement and SEO, and analyses product photos to produce descriptions, saving time and resources. Arun Ramachandran of Hexaware states, "Engaging product descriptions and visually appealing imagery are essential in todays competitive ecommerce landscape." While Girish Pai emphasised the apps capacity to cleverly enhance content production via targeted prompts and broad language models, it also frees up merchants time for strategic campaigns. Read More..

B2B Tech News | 1 years ago          

Macau Government Websites Hacked, Services Blocked

Service interruptions resulted from hacking into several Macau government websites, including those of the Security Forces Services Bureau, the Fire S

Service interruptions resulted from hacking into several Macau government websites, including those of the Security Forces Services Bureau, the Fire Services Department, the Office of the Secretary for Security, and the public security police. According to Chinese state media, Macau security authorities think the infiltration came from outside. To restore the disrupted services quickly, authorities contacted telecommunications operators to launch an emergency reaction. The Macau police have started a criminal inquiry to determine where the crime originated. There were no more details at this time. Read More..

B2B Tech News | 1 years ago          

Samsung Launches Galaxy Z Fold 6 and Z Flip 6 with Slimmer Designs and Enhanced AI

To challenge Apples hegemony in the highend market, Samsung Electronics revealed the Galaxy Z Fold 6 and Galaxy Z Flip 6, two of its newest foldable s

To challenge Apples hegemony in the highend market, Samsung Electronics revealed the Galaxy Z Fold 6 and Galaxy Z Flip 6, two of its newest foldable smartphones that emphasise lighter and smaller designs with improved AI functions. The Z Fold 6 is the thinnest and lightest folding device yet, and the Z Flip 6 has better cooling, a longer battery life, and a higherquality camera. The Z Flip 6 is priced at $1,099.99, while the Z Fold 6 is priced at $1,899.99, despite increasing material costs. Additionally, Samsung unveiled cuttingedge health monitoring capabilities for all its wearables, including the new Galaxy Ring and the Galaxy Watch, which continuously measure stress levels and heart rates. South Korea, North America, and Europe can purchase these items starting July 24. Read More..

B2B Tech News | 1 years ago          

India, Russia Agree to Expand Nuclear Cooperation with Plans for Six Additional Power Units

During Russian President Vladimir Putins visit to Moscow, India and Russia, they strengthened their bilateral ties in several vital areas. Agreements

During Russian President Vladimir Putins visit to Moscow, India and Russia, they strengthened their bilateral ties in several vital areas. Agreements to increase nuclear cooperation, including ideas for six more nuclear power plants in India, were reached during talks between President Vladimir Putin and Prime Minister Narendra Modi. The cooperation also looked into supporting infrastructure investments in shipbuilding and improving the Northern Sea Route for energy transit. Enso Group of India and the Russian Direct Investment Fund RDIF decided to invest significantly in shipbuilding infrastructure. Along with attempts to resolve payment difficulties brought on by sanctions and rupee convertibility concerns, partnerships in education and medicines were also strengthened. With the current state of world politics, this visit demonstrates both countries dedication to fortifying their economic relations. Read More..

B2B Tech News | 1 years ago          

Goldman Sachs Asset Management Forecasts Slower U.S. Economic Growth for Second Half of 2024

Executives at Goldman Sachs Asset Management GSAM predict a slower pace of U.S. economic growth in the second half of 2024, around 2%. They attribute

Executives at Goldman Sachs Asset Management GSAM predict a slower pace of U.S. economic growth in the second half of 2024, around 2%. They attribute this to lower growth in earnings and more political unpredictability. Despite these obstacles, GSAM is upbeat about investing prospects and singles out various AI stocks with an exceptionally bright midyear outlook. The need to diversify beyond the early victors in the AI space, like Nvidia, which has dominated market returns, is emphasised. In the context of anticipated interest rate reductions beginning in September, GSAM sees possibilities in the fixedincome markets, particularly in structured credit and highyield bonds. They also view Indian and Japanese equities favourably, citing their alignment with trends like AI adoption and climate change initiatives, along with positive reforms in Japanese corporate governance. Read More..

B2B Tech News | 1 years ago          

ONGC Unveils Ambitious Rs 2 Lakh Crore Investment Plan for Renewable Energy and Green Hydrogen

The companys shares increased after ONGC revealed intentions to invest over Rs 2 lakh crore in green hydrogen plants and renewable energy sites. The c

The companys shares increased after ONGC revealed intentions to invest over Rs 2 lakh crore in green hydrogen plants and renewable energy sites. The companys goal is to reach netzero carbon emissions by 2038. Under this strategy, 5 gigawatts of renewable energy capacity, green hydrogen, biogas, and offshore wind projects will be developed, with investments totalling Rs 97,000 crore by 2030. By 2035, ONGC intends to spend an additional Rs 65,500 crore in green hydrogen or green ammonia facilities, and by 2038, Rs 38,000 crore in offshore wind projects with a gigawatt capacity. These initiatives are anticipated to offset around 9 million tonnes of carbon emissions. ONGC plans to invest Rs 5,000 crore to end gas flaring by 2030. Read More..

B2B Tech News | 1 years ago          

New Zealands Central Bank Holds Cash Rate at 5.5%, Hints at Future Easing

Though it left open the possibility of further lowering inflation declined as anticipated, the central bank of New Zealand kept the cash rate at 5.5%

Though it left open the possibility of further lowering inflation declined as anticipated, the central bank of New Zealand kept the cash rate at 5.5% on Wednesday. Following analysts forecasts, the Reserve Bank of New Zealand RBNZ released unusually dovish commentary on this decision, indicating that while monetary policy remains tight, the restriction will gradually lessen. In addition, twoyear swap rates hit a sixmonth low. The New Zealand dollar decreased by 0.74% to $0.6085. Now that the RBNZ anticipates inflation to return to its target range later this year, economists anticipate an early start to rate decreases, possibly in November. The Australian Reserve Bank, still wary of inflation threats, stands in contrast to this dovish position. Read More..

B2B Tech News | 1 years ago          

Anthropic Introduces Automated Prompt Engineering Tools for AI Development

Anthropic has included additional functionalities to streamline quick engineering—a crucial duty in the AI sector. Claude 3.5 Sonnet has several too

Anthropic has included additional functionalities to streamline quick engineering—a crucial duty in the AI sector. Claude 3.5 Sonnet has several tools which let developers create, test, and assess prompts to improve language model performance. Developers may assess prompt efficacy in various circumstances by comparing and evaluating outputs in the new Evaluate tab of the Anthropic Console, which helps to enhance outcomes. Experienced prompt engineers can save time and help novice users by using one feature that creates detailed prompts from basic job descriptions. As noted by Anthropic CEO Dario Amodei, one of the main goals of this automation is to make it easier for enterprises to use generative AI by streamlining quick optimisation. Read More..

B2B Tech News | 1 years 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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