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Netweb Technologies Introduces CuttingEdge Servers for AI and ML with AMD EPYC 9004 Processors

The newest 4th Generation AMD EPYC CPUs are available in a new line of MadeinIndia servers from Netweb Technologies India Limited. These servers, whic

The newest 4th Generation AMD EPYC CPUs are available in a new line of MadeinIndia servers from Netweb Technologies India Limited. These servers, which come in 1U, 2U, 4U, and workstation configurations, are made for highperformance computing and various workloads, in line with Indias Made in India campaign. The servers capability for twin AMD EPYC 9004 Series CPUs with up to 256 cores and 6TB of memory provides significant scalability and performance. Some key features are up to 10 PCIe slots for GPUs and addons, integrated IPMI 2.0 + KVM, ample storage choices, and up to 6TB DDR5 RAM. With this launch, Netweb demonstrates its dedication to fostering domestic innovation and developing AI/ML technology. Read More..

B2B Tech News | 1 years ago          

HDFC Securities Warns Against Impersonation Scams on WhatsApp

Customers have been alerted by HDFC Securities Limited, a division of HDFC Bank, about phoney WhatsApp groups that pose as the business. These groups

Customers have been alerted by HDFC Securities Limited, a division of HDFC Bank, about phoney WhatsApp groups that pose as the business. These groups make potentially dangerous and unlawful promises of guaranteed stock market gains. Top HDFC Securities executive Sandeep Bhardwaj stresses the significance of doublechecking messages from the company and counsels clients to trade through approved channels exclusively. The firm guarantees never to contact consumers using WhatsApp or other illegitimate means to get personal information, such as AADHAR or PAN card details. Apps should only be downloaded from reliable sources, and users should contact HDFC Securities customer support immediately to report any questionable conduct or phoney groups. Read More..

B2B Tech News | 1 years ago          

Dell and Super Micro to Equip Elon Musks xAI Supercomputer with CuttingEdge Server Racks

Elon Musk said on X that Dell Technologies and Super Micro Computer will provide server racks for xAIs supercomputer. Super Micro, a company wellknown

Elon Musk said on X that Dell Technologies and Super Micro Computer will provide server racks for xAIs supercomputer. Super Micro, a company wellknown for its connections to Nvidia and liquid cooling technologies, will supply the remaining racks, with Dell handling half of the assembly. Michael Dell, the CEO of Dell, said that Nvidia and xAI were building an "AI factory" to support xAIs chatbot Grok. xAI, which Musk developed to compete with Googles AI and Microsoftbacked OpenAI, needs a lot of processing power and uses tens of thousands of Nvidia H100 GPUs. By autumn 2025, Musk hopes to have the supercomputer up and running. Groks subsequent incarnations will be powered by a supercomputer that requires up to 100,000 Nvidia H100 processors to train its AI models. Read More..

B2B Tech News | 1 years ago          

Qualcomm Settles ClassAction Lawsuit for $75 Million

Qualcomm has consented to pay $75 million to settle a classaction complaint alleging that it misled investors by hiding anticompetitive licencing and

Qualcomm has consented to pay $75 million to settle a classaction complaint alleging that it misled investors by hiding anticompetitive licencing and sales practices. The preliminary settlement, an allcash deal submitted to a federal court in San Diego, is pending approval by U.S. District Judge Jinsook Ohta. The case, which was approved as a class action in March 2023, charged Qualcomm with manipulating its stock price between February 2012 and January 2017. Investors said Qualcomm misrepresented the separation between its technology licencing and chip sales, accusing the company of engaging in anticompetitive bundling activities. In consenting to a settlement, Qualcomm and its former CEOs, Paul Jacobs and Steven Mollenkopf, denied any wrongdoing. Requests for comments on the settlement have yet to be received by the corporation. Read More..

B2B Tech News | 1 years ago          

Trump Media & Technology Group Secures SEC Approval for $247 Million Share Resale

The Securities and Exchange Commission has accepted Trump Media & Technology Groups DJT.O application to resell certain shares and warrants, with the

The Securities and Exchange Commission has accepted Trump Media & Technology Groups DJT.O application to resell certain shares and warrants, with the potential to raise to $247 million, the company said on Tuesday. This development enables the firm to move on with the exercise of warrants, putting it in a favourable position to investigate mergers and acquisitions, improve its platform, and explore TV streaming ideas. Despite these possibilities, worries over possible stock dilution caused the companys shares to drop sharply in afterhours trade by roughly 14%. According to Trump Media, the money from these deals will increase its substantial $200 million cash reserves. The firms market valuation is presently $5.53 billion, a 46% decrease from its March Nasdaq IPO. Read More..

B2B Tech News | 1 years ago          

Microsoft in Landmark Purchase of 8 Million Carbon Offset Credits from BTG Pactual TIG

By agreeing to sell Microsoft 8 million carbon offset credits, Brazils BTG Pactual Timberland Investment Group TIG has achieved a significant agreemen

By agreeing to sell Microsoft 8 million carbon offset credits, Brazils BTG Pactual Timberland Investment Group TIG has achieved a significant agreement that is purportedly the largest of its kind to date. These credits came from BTG Pactual TIGs forest restoration initiatives throughout Latin America, eliminating 8 million tonnes of carbon dioxide emissions. By funding emissionreduction initiatives abroad, carbon offset certificates enable businesses like Microsoft to compensate for their greenhouse gas emissions. The deals financial details were kept a secret. Microsoft, wellknown for its aggressive climate objectives, such as achieving carbon neutrality by 2030, still needs to provide a statement about the deal. This accord highlights the increasing significance of carbon markets in international efforts to address climate change. Read More..

B2B Tech News | 1 years ago          

International Day of Family Remittances Celebrates Global Economic Impact

The UNs International Fund for Agricultural Development IFAD created the International Day of Family Remittances IDFR to highlight remittances vital r

The UNs International Fund for Agricultural Development IFAD created the International Day of Family Remittances IDFR to highlight remittances vital role in world economies. Remittance flows have quintupled over the last 20 years, reaching sizeable amounts that support millions, particularly in rural regions confronting poverty and climatic issues. 1.4 billion persons worldwide are still unbanked despite these advancements, with women being disproportionately impacted. Even though they have decreased from 9.7% to 6.2% since 2009, remittance expenses still surpass the 3% objective set by the UN under the Sustainable Development Goals. Although access has increased due to digitalization, there are still issues, particularly in nations like Kenya, where expenses are still high despite significant inflows. IDFR events highlight these issues and celebrate migrant contributions while urging continued efforts to reduce costs and enhance financial inclusion through remittances. Read More..

B2B Tech News | 1 years ago          

Nvidias Market Cap Hits $3.335 Trillion, Overtaking Microsoft

With a market valuation of $3.335 trillion, Nvidia NVDA.O eclipsed Microsoft MSFT.O on Tuesday to take the top spot as the most valuable business in t

With a market valuation of $3.335 trillion, Nvidia NVDA.O eclipsed Microsoft MSFT.O on Tuesday to take the top spot as the most valuable business in the world. Due mainly to its superior processors, Nvidia has risen to the top of the artificial intelligence technological race. Amidst Wall Streets confidence in AI, the chipmakers stock continued its remarkable run, rising 3.5% to $135.58. Nvidias over threefold increase in market value this year alone highlights its superiority in AI chips, even in the face of supply restrictions. Its substantial influence on the market is demonstrated by Nvidia, which currently represents over 16% of all trading in S&P 500 firms, with daily trading volumes averaging $50 billion. Read More..

B2B Tech News | 1 years ago          



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