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Intel Unveils Hala Point Worlds Largest Neuromorphic System for AI Research

A significant advancement in AI research has been made with the unveiling of "Hala Point," the most extensive neuromorphic system in the world, by Int

A significant advancement in AI research has been made with the unveiling of "Hala Point," the most extensive neuromorphic system in the world, by Intel at Sandia National Laboratories, with over ten times the neuron capacity and up to 12 times faster than Intels Loihi 2 CPU powers earlier systems like Pohoiki Springs, Hala Point. This breakthrough combines braininspired learning capabilities with deep learning efficiency to meet the growing computational expenses of AI models. Hala Point surpasses 15 trillion operations per second per watt, matching or exceeding GPU and CPU designs in computing efficiency. Hala Point paves the way for revolutionary developments in the application of AI, with applications ranging from scientific research to logistics and smart city infrastructure management. Read More..

B2B Tech News | 1 years ago          

Meta AI Expands WhatsApp Capabilities with Image and Video Generation Feature

With the launch of this new function, Meta AI is expanding its capabilities across several nations on WhatsApp by allowing users to create photos and

With the launch of this new function, Meta AI is expanding its capabilities across several nations on WhatsApp by allowing users to create photos and movies straight within chats. It is still under testing, though the function is only available to a small number of customers in India. Using the most recent Llama 3 model, users may describe scenes or concepts, and the AI will visualise them as they write. This results in realtime picture and video production. In contrast to others, this method enables ongoing improvement as users provide more information. Meta welcomes user input to make improvements even better. With the launch of Llama 3, Meta hopes to improve its AI portfolio and establish itself as a frontrunner among alternatives available for free. Read More..

B2B Tech News | 1 years ago          

Google Plans AI Team Consolidation Across Research and DeepMind Divisions

Google, an Alphabet company, stated on Thursday that it will strengthen its artificial intelligence portfolio by combining teams from its Research and

Google, an Alphabet company, stated on Thursday that it will strengthen its artificial intelligence portfolio by combining teams from its Research and DeepMind divisions dedicated to developing AI models. The Responsible AI teams will move from Research to DeepMind, putting them in closer proximity to the creation and scalability of AI models. Their concentration is on safe AI development. This action is in line with requests for technology regulation and the growing concern over AI safety on a worldwide scale. Google paused its picturegenerating capabilities after DeepMind, wellknown for its contributions to Googles sophisticated AI model Gemini, came under fire for prior imagegeneration errors. Despite recent layoffs and budget cuts, Google is investing in AI and automation, with CEO Sundar Pichai announcing plans to offer a series of AI models in 2024. Read More..

B2B Tech News | 1 years ago          

Binance Secures VASP License from Dubai Regulator VARA, Expanding Offerings

Leading cryptocurrency exchange Binance declared on Thursday that it had received a licence from VARA, the regulatory body in Dubai. Thanks to this li

Leading cryptocurrency exchange Binance declared on Thursday that it had received a licence from VARA, the regulatory body in Dubai. Thanks to this licence, the platform can serve both qualified and institutional customers as well as retail ones. The responsible entity, Binance FZE, can extend its present operations beyond spot trading and fiat services thanks to the Virtual Asset Service Provider VASP licence. This includes offering staking and margin trading solutions accessible to eligible individuals. With this action, Binance is demonstrating its dedication to growing its services and product line in cryptocurrency, which might lead to new prospects for the exchange and its consumers. Read More..

B2B Tech News | 1 years ago          

TSMC Reports Strong FirstQuarter Results, Driven by Demand for AI Chips

The largest chip manufacturer in the world, Taiwan Semiconductor Manufacturing Company TSMC, beat market estimates with firstquarter profitability and

The largest chip manufacturer in the world, Taiwan Semiconductor Manufacturing Company TSMC, beat market estimates with firstquarter profitability and sales growth. The demand for chips used in AI applications was cited as a contributing factor in TSMCs good performance, which included net sales of NT$592.64 billion $18.87 billion and net income of 225.49 billion New Taiwan dollars €6.52 billion, its first quarterly profit gain in a year. CEO C.C. Wei predicts that this trend will continue, with server AI processor revenue rising by more than 50% by 2024. TSMC is upbeat about its future despite obstacles like overordering during the pandemic and current operational hiccups, which are consistent with industry expectations that demand for AIrelated products would drive future profitability. Read More..

B2B Tech News | 1 years ago          

South Africas March Inflation Dips to 5.3%, Signals Economic Stability

South Africas annual inflation rate dropped to 5.3% in March, a sign that the nations economy is making headway in containing prices. The headline con

South Africas annual inflation rate dropped to 5.3% in March, a sign that the nations economy is making headway in containing prices. The headline consumer inflation rate in February was 5.6%, down from 5.3% in January. This decline came after that. Despite this encouraging outcome, the South African central bank aims to control inflation between 3% and 6% and is unlikely to declare interest rate reductions anytime soon. Instead, it will likely keep its primary interest rate at 8.25% for a few months. South Africas growth projection for 2024 was recently decreased by the International Monetary Fund IMF to 0.9%, citing continued economic concerns made worse by the epidemic, including power outages, infrastructural problems, and high unemployment. Read More..

B2B Tech News | 1 years ago          

Alaska Air Group Expects Stronger Earnings, Business Travel Demand Surges

Surpassing market estimates, Alaska Air Group expects better profitability for the current quarter, driven by a rebound in business travel demand. Alt

Surpassing market estimates, Alaska Air Group expects better profitability for the current quarter, driven by a rebound in business travel demand. Although the grounding of its 737 MAX 9 aircraft caused a setback, Alaska had a lower loss for the first quarter. Shane Tackett, chief financial officer, emphasised the surprisingly positive trend in corporate travel expenditures, indicating a more solid forecast for the coming year. The airline raised its previous projection of $3 to $5 a share to $3.25 to $5.25 for fullyear earnings. Still, worries about rising gasoline prices persist, which has led to a review of the hedging programme. Alaska is hopeful despite obstacles, projecting secondquarter earnings that will be above analyst projections. Read More..

B2B Tech News | 1 years ago          

India Emerges as 5G Leader Rapid Deployment and High Data Consumption

In just 18 months, Indias quick adoption of 5G has made it a worldwide leader, with services available in 738 districts and more than 4.25 lakh Base T

In just 18 months, Indias quick adoption of 5G has made it a worldwide leader, with services available in 738 districts and more than 4.25 lakh Base Transceiver Stations deployed. India has a ravenous hunger for data according to Ericssons Mobility Report, monthly smartphone data usage will exceed 75GB by 2029. Within five years, 5G subscriptions are predicted to soar to 68%, opening the door to economic development via Fixed Wireless Access FWA and Enhanced Mobile Broadband eMBB. FWA provides underserved areas with affordable, dependable, highspeed internet access, which is especially important in closing the digital divide. Globally, FWA deployment models provide insightful data, such as Omans subscriber increase and Norways District Development. Acquiring spectrum in various bands will provide seamless countrywide connection as India prepares for spectrum auctions, accelerating the nations digital transformation. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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