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Baidu Unveils New AI Tools Empowering Developers at AI Developers Conference

With new tools unveiled at its AI developers conference, Baidu now enables locals to create AI apps, a year after debuting its Ernie bot. CEO Robin Li

With new tools unveiled at its AI developers conference, Baidu now enables locals to create AI apps, a year after debuting its Ernie bot. CEO Robin Li promoted accessibility to AI development for everyone by highlighting Chinas large internet user base and AI ecosystem. With platform connection options, the companys AI solutions enable anyone to create generative chatbots without any coding experience. Additionally, Baidu released three iterations of its Ernie AI model to account for different job complexity levels. Among the noteworthy uses shown are consumerfacing solutions for travel, content production, and ecommerce support, which indicate a more significant trend of AI integration across various sectors. Baidu is committed to innovation despite uncertainty in the semiconductor supply chain, as seen by its focus on improving AI capabilities and its use of AIproduced code. Read More..

B2B Tech News | 1 years ago          

Oracle Announces $8 Billion Investment Plan to Boost Cloud Computing and AI Infrastructure in Japan

Over the next ten years, Oracle plans to invest more than $8 billion in Japan to address the growing demand for AI infrastructure and cloud computing

Over the next ten years, Oracle plans to invest more than $8 billion in Japan to address the growing demand for AI infrastructure and cloud computing services. The business intends to grow throughout Japan, assisting regional engineering teams and improving client service in its cloud regions in Tokyo and Osaka. Oracle hopes to make it easier for enterprises and agencies to move their missioncritical workloads to its cloud platform by doing this. Oracle Japan CEO Toshimitsu Misawa emphasised the significance of upholding regulatory and sovereignty standards while fostering innovation through cloud computing and artificial intelligence. This investment is in line with Oracles plan to expand globally, which calls for developing new data centres and growing its current ones worldwide. Read More..

B2B Tech News | 1 years ago          

Meta Platforms Introduces Llama 3 and Image Generator to Compete in Generative AI Market

To rival OpenAI in the generative AI space, Meta Platforms has released alpha versions of its most recent big language model, Llama 3, and an image ge

To rival OpenAI in the generative AI space, Meta Platforms has released alpha versions of its most recent big language model, Llama 3, and an image generator. Its Meta AI virtual assistant will include these models, which promise better performance in thinking, coding, and creative writing. To compete with Microsoftbacked OpenAIs ChatGPT, Meta intends to display Meta AI across all its platforms prominently. Future iterations of Llama 3 are expected to produce both text and images, and it now includes image training data in addition to improved coding capabilities. Additionally, Meta pushes Meta AI into other areas and teams up with Google to provide realtime search results. However, concerns concerning data quality and safety in generative AI models still exist. Read More..

B2B Tech News | 1 years ago          

Ghana Navigates Complex Debt Restructuring Talks Amidst Economic Challenges

Ghana is now renegotiating and restructuring over $13 billion of its external debt with foreign investors. Although a provisional agreement has been r

Ghana is now renegotiating and restructuring over $13 billion of its external debt with foreign investors. Although a provisional agreement has been reached, the final parameters are still pending. Ghana, which defaulted on most of its $30 billion in foreign debt more than a year ago, faces a setback due to its inability to reach a feasible debt agreement with two bondholder groups. The goal is to decide to comply with IMF debt sustainability goals. China, the Paris Club, commercial lenders, and multilateral development institutions essentially hold Ghanas debt. The debt crisis makes economic problems like inflation and currency devaluation worse. Finance Minister Dr Mohammed Amin Adam said that notwithstanding this, Ghana is still dedicated to achieving the programme objectives backed by the IMF during the IMF/World Bank Spring Meetings in Washington, DC. Read More..

B2B Tech News | 1 years ago          

France and Germany Lag, UK Holds Steady European Economic Snapshot

Europe is facing economic difficulties the UK is stable, but Germany and France are trailing. Italy and Spain are getting better. Businesses are under

Europe is facing economic difficulties the UK is stable, but Germany and France are trailing. Italy and Spain are getting better. Businesses are under pressure from rising borrowing rates and inflation, which causes project cancellations and delays. Higher costs and mortgage rates impact consumers, lowering their discretionary income. The Weil European Distress Index brings financial concern to light, particularly for smaller, highly indebted companies in the retail, industrial, and real estate sectors. Healthcare is doing better, but overleveraged firms continue to raise worries. Germany is experiencing slow development, and France is experiencing more than everyday hardship. Despite increasing borrowing costs, the UK manages. Spain and Italy appear to be recovering. Despite ongoing difficulties, several nations show hope for an economic rebound. Read More..

B2B Tech News | 1 years ago          

French Startup Mistral AI Eyes $5 Billion Valuation in Funding Round

The Information said on Tuesday that Mistral AI, a French tech firm, is supposedly in talks with investors to fund several hundred million dollars at

The Information said on Tuesday that Mistral AI, a French tech firm, is supposedly in talks with investors to fund several hundred million dollars at a valuation of $5 billion. Although the precise investors in the investment round are unknown, Mistral already has backing from Microsoft Corp., Andreessen Horowitz, and Lightspeed Ventures. In February, Microsoft contributed $16 million to Mistral, working together to enable its AI models to be accessed via the Azure cloud computing platform. However, the European Union has taken notice of this alliance, with MPs requesting a probe into any worries about the tech giants concentration of power. Although relatively new to revenue production, Mistral had already raised $415 million in December, reaching 2 billion euros. Read More..

B2B Tech News | 1 years ago          

Rivos Secures $250 Million Funding to Forge Ahead with AI Server Chip Development

The semiconductor firm Rivos has announced a $250 million investment round to enable the development of its first server chip designed for AI applicat

The semiconductor firm Rivos has announced a $250 million investment round to enable the development of its first server chip designed for AI applications. Although Nvidia continues to dominate the AI computing industry with over 80% of the market in 2023, new and established firms like Intel and Meta are becoming more competitive. Rivos intends to use the opensource RISCV architecture to create its chips as a substitute for current architectures. By making this decision, Arm will not require any licensing costs. Leading investors in the funding round include Matrix Capital Management, Intel, MediaTek, and Dell Technologies. CEO Puneet Kumar highlighted the companys softwarefirst strategy as distinct from conventional chip development processes. Read More..

B2B Tech News | 1 years ago          

Apple CEO Tim Cook Eyes Manufacturing Expansion in Indonesia

In a meeting with President Joko Widodo, Apple CEO Tim Cook indicated interest in opening a manufacturing site in Indonesia. After his journey to Viet

In a meeting with President Joko Widodo, Apple CEO Tim Cook indicated interest in opening a manufacturing site in Indonesia. After his journey to Vietnam, Cook is in Jakarta, where he is attending the opening of an Apple development academy on Bali Island. Although Apple now uses Vietnam as a significant location for manufacturing items like iPads, AirPods, and Apple Watches, the tech giant has no production facilities in Indonesia. Apple has, nonetheless, already established four developer academies in the nation. Indonesia is a significant target for Apples development aspirations due to its vast internetsavvy populace, which provides an appealing market for tech investment. Read More..

B2B Tech News | 1 years ago          



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