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Indias Imports from FTA Countries Surge 38% to USD 187.92 Billion

According to statistics from the Global Trade Research Initiative GTRI, Indias imports from nations with free trade agreements FTAs, including the Uni

According to statistics from the Global Trade Research Initiative GTRI, Indias imports from nations with free trade agreements FTAs, including the United Arab Emirates, South Korea, and Australia, showed a significant growth of almost 38% over the fiscal year 2019–24, reaching USD 187.92 billion. On the other hand, exports to these FTA partners increased from USD 107.20 billion in 2018–19 to USD 122.72 billion in the fiscal year 2023–24, a 14.48% increase. The sharp increase in imports shows how much FTAs have changed the dynamics of Indias international commerce. Significantly, exports to the United Arab Emirates and Australia increased once free trade agreements were implemented, and exports to ASEAN nations also increased significantly. Indias ranking in global exports stands at 17th, with a 1.8% share, while it ranks 8th in global imports, holding a 2.8% share. Ajay Srivastava, cofounder of GTRI and former Indian Trade Service officer, provided insights into the data. Read More..

B2B Tech News | 1 years ago

Amazon Commits Over 1.2 Billion Euros Investment in French Operations

Amazon declared that it would invest more than 1.2 billion euros in its French business to generate fulltime employees there. This pledge aligns with

Amazon declared that it would invest more than 1.2 billion euros in its French business to generate fulltime employees there. This pledge aligns with the yearly "Choose France" event in France when several businesses make significant investment pledges. To help Frances generative AI industry, which is expanding, Amazon Web Services AWS intends to improve logistical infrastructure in the AuvergneRhôneAlpes region and strengthen the Paris areas cloud infrastructure. France is being recognised as a centre for AI innovation due to the rise in demand for cloud services by the widespread use of generative AI. Amazon is still investing, which shows how committed it is to the French market since 2010, it has made over 20 billion euros in investments and employed over 22,000 people permanently in its cloud and online retail businesses. Read More..

B2B Tech News | 1 years ago

Red Hat Launches Red Hat Enterprise Linux AI RHEL AI for Seamless AI Model Development

Red Hat, Inc. has introduced Red Hat Enterprise Linux AI RHEL AI. This platform is a basis for the easy development, testing, and application of gener

Red Hat, Inc. has introduced Red Hat Enterprise Linux AI RHEL AI. This platform is a basis for the easy development, testing, and application of generative artificial intelligence models. RHEL AI incorporates InstructLab model alignment tools, a communitydriven modelbuilding strategy via the InstructLab project, and the open sourcelicensed Granite large language model LLM family from IBM Research. Red Hats hybrid machine learning operations MLOps platform, OpenShift AI, includes this solution. It is packaged as an optimised RHEL image for singleserver deployments across hybrid cloud environments. By offering a complete, opensource solution for AI model creation, deployment, and administration, RHEL AI seeks to speed up AI innovation. Furthermore, Red Hat presents AppDynamics Flex, allowing users to select between SaaS observability and selfhosted solutions. Read More..

B2B Tech News | 1 years ago

Cisco Unveils New Virtual Appliance for Enhanced AppDynamics Observability

To improve AIpowered intelligence for anomaly detection, application security, and SAP monitoring, Cisco has released a new virtual appliance for its

To improve AIpowered intelligence for anomaly detection, application security, and SAP monitoring, Cisco has released a new virtual appliance for its AppDynamics OnPremises application observability solution. With complete control over their observability deployment, IT operations teams can protect against security risks, identify performance abnormalities more quickly, and maintain SAP application performance. An important step forward in OMRON Healthcare Indias goal to raise awareness of cardiovascular health issues and avoid occurrences is the partnership with AliveCor India. The alliance intends to enable early identification and management of Cardiovascular Disease CVD through revolutionary devices. It delivers AIbased portable ECG technology, complementing OMRONs blood pressure monitoring products. These developments highlight the dedication of both businesses to enabling people to manage their health properly. Read More..

B2B Tech News | 1 years ago

OMRON Healthcare India Teams Up with AliveCor for Advanced Home Health Monitoring Solutions

Global leader in personal electrocardiogram ECG technology, AliveCor India has partnered with OMRON Healthcare India, a major provider of medical equi

Global leader in personal electrocardiogram ECG technology, AliveCor India has partnered with OMRON Healthcare India, a major provider of medical equipment for home health monitoring. This collaboration adds AIbased portable ECG technology to OMRONs portfolio, enhancing its already available blood pressure monitoring products. The collaborative endeavour seeks to augment awareness and preventative measures for cardiovascular health, according to OMRONs "Going for Zero" mission. The first FDAapproved home BPM+ECG monitoring device, which enables early identification and management of Cardiovascular Disease CVD, including arrhythmias like atrial fibrillation Afib, is one of the products of this partnership. The Managing Director of OMRON Healthcare India, Tetsuya Yamada, stressed the need for home blood pressure and ECG monitoring for early cardiovascular disease treatment. Anuj Seth, Managing Director of AliveCor India, highlighted their commitment to revolutionizing cardiac care throug Read More..

B2B Tech News | 1 years ago

OpenAI to Unveil AIpowered Search Product, Ramping up Competition with Google

OpenAI is gearing up to announce its artificial intelligencepowered search product on Monday, according to sources familiar with the matter, intensify

OpenAI is gearing up to announce its artificial intelligencepowered search product on Monday, according to sources familiar with the matter, intensifying its competition with Google. While the announcement date is subject to change, it has yet to be previously reported. OpenAI, backed by Microsoft, declined to comment initially but later confirmed plans to stream a live event on Monday to showcase updates to its ChatGPT and GPT4 models. CEO Sam Altman clarified that the announcement is not about GPT5 or a search engine but teased new developments. OpenAIs search product, an extension of its ChatGPT, aims to pull direct information from the web with citations. This move comes amid competition from Perplexity, an AI search startup, and ahead of Googles annual I/O conference. Read More..

B2B Tech News | 1 years ago

Arm Holdings, Backed by SoftBank, to Dive into AI Chip Development

Arm Holdings, owned by SoftBank Group, is set to venture into developing artificial intelligence chips, targeting a launch of the first products by 20

Arm Holdings, owned by SoftBank Group, is set to venture into developing artificial intelligence chips, targeting a launch of the first products by 2025, as reported by Nikkei Asia. The UKbased company plans to establish an AI chip division. It aims to have a prototype ready by spring 2025, with mass production expected to commence in the autumn of the same year through contract manufacturers. Initial development costs, which could amount to hundreds of billions of yen, will be covered by Arm with contributions from SoftBank. SoftBank is reportedly in talks with Taiwan Semiconductor Manufacturing Corp TSMC for manufacturing partnerships. Arms move into AI chips aligns with its expansion into the data centre market, catering to the growing demand for AI computing. Read More..

B2B Tech News | 1 years ago

Global Citizen NOW Conference A Call to Invest in Africas Youth and Global Changemakers

The Global Citizen NOW conference emphasised the necessity of assisting young changemakers worldwide and investing in Africas youthful population. The

The Global Citizen NOW conference emphasised the necessity of assisting young changemakers worldwide and investing in Africas youthful population. The event sought to raise awareness of the critical role of leaders in politics, industry, and philanthropy in reducing poverty by prioritising healthcare and education in developing countries. CEO Hugh Evans stressed the need for decisive citizenled initiatives in the wake of global unrest and emphasised action. Funding demands for African economic growth and emergency education were among the main appeals. Wellknown people like Hugh Jackman and Michelle Yeoh expressed their support, with Doug Emhoff emphasising males responsibilities in battling sexism. Osi Umenyiora emphasised athletic potential, whereas Danai Gurira stressed African selfdetermination. The conferences commitment to advancing global progress via collaborative action and engagement of Generation Z was highlighted by plans for an economic summit to be held in Ivory Coast. Read More..

B2B Tech News | 1 years ago

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