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UDB to Raise $500M for Industrialization, Infrastructure, and SME Growth

In order to finance its new fouryear strategic plan that emphasises industrialisation, infrastructure, and SME growth, Uganda Development Bank UDB int

In order to finance its new fouryear strategic plan that emphasises industrialisation, infrastructure, and SME growth, Uganda Development Bank UDB intends to raise $500 million. The program was announced by CEO Patricia Ojangole, who emphasised the need for longterm funding to help industries like manufacturing, renewable energy, and agroprocessing. UDB wants to combine foreign and domestic funding, including collaborations with development finance organisations. Climate resilience, job creation, and inclusive growth will also be given a priority by the bank. Ugandas Vision 2040 and its drive for economic transformation through private sectorled growth are in line with the fundraising initiative. Ojangole emphasised UDBs function in filling funding shortages and spurring investment in neglected regions, establishing the bank as a vital force behind longterm, sustainable national development. Read More..

B2B Tech News | 3 months ago          

India and Sweden Forge “WinWin” Model for Trade, Tech, and Climate Innovation

By fusing Swedens research capabilities with Indias scale, the two countries are investigating a "winwin" trade and innovation paradigm. Officials str

By fusing Swedens research capabilities with Indias scale, the two countries are investigating a "winwin" trade and innovation paradigm. Officials stressed cooperation in advanced manufacturing, digital infrastructure, and green technology during an event in Delhi. While Indias Commerce Secretary Sunil Barthwal emphasised the value of collaborative R&D and sustainable growth, Swedens Ambassador Jan Thesleff emphasised Indias sizable market and talent pool. Through clean energy projects, startup collaborations, and knowledge transfer, the two countries hope to strengthen their relationship. India is viewed by Sweden as a crucial ally in promoting climate innovation and diversifying supply chains. With both parties dedicated to utilising complimentary assets for economic and technological growth, the conversation highlights the growing momentum in IndiaNordic relations. Read More..

B2B Tech News | 3 months ago          

OpenAI Revenue Hits $4.3B in H1 2025, Fueled by Enterprise Adoption and GPT5 Gains

According to The Information, OpenAIs revenue increased 16% in the first half of 2025 to reach about $4.3 billion. Strong enterprise adoption of ChatG

According to The Information, OpenAIs revenue increased 16% in the first half of 2025 to reach about $4.3 billion. Strong enterprise adoption of ChatGPT and licensing agreements with partners like Microsoft are the main drivers of the expansion. Demand for the Plus, Pro, and Enterprise subscription levels has increased, particularly among business users incorporating AI into processes. Analysts credit the increase to new features like Pulse and Sora as well as performance improvements in GPT5. The entry of OpenAI into media tools and consumer electronics also portends more extensive monetisation tactics. OpenAI is still at the forefront of generative AI, even with competition from Anthropic, Google, and Meta. Investor trust in OpenAIs commercial trajectory as it strikes a mix between innovation, scalability, and regulatory oversight is highlighted in the research. Read More..

B2B Tech News | 3 months ago          

BOJ Faces Mounting Pressure for October Rate Hike Amid Board Split

As domestic inflation pressures and global monetary trends change, investors are keeping a close eye on the Bank of Japan BOJ for clues about when it

As domestic inflation pressures and global monetary trends change, investors are keeping a close eye on the Bank of Japan BOJ for clues about when it may raise interest rates. Kazuo Ueda, the governor of the BOJ, has made references to normalising the policy but is still cautious because of the shaky consumer demand and wage growth. Although economists disagree on the timing, markets are pricing in a possible rate increase by years end. Pressure has increased due to the yens volatility and growing import prices, particularly as U.S. tariffs alter international trade patterns. The central bank of Japan must strike a careful balance between promoting growth and reducing inflation. Global markets are waiting for hints in future speeches and statistics, as the BOJs next action might signal a historic departure from decades of ultraloose monetary policy. Read More..

B2B Tech News | 3 months ago          

India’s GIFT City Offers DollarDenominated Nifty Trades with Fewer Restrictions

Global investors now have more freedom and fewer restrictions thanks to Indias GIFT Nifty futures market, which is departing from mainland regulatory

Global investors now have more freedom and fewer restrictions thanks to Indias GIFT Nifty futures market, which is departing from mainland regulatory restraints. Located in Gujarats GIFT City, the platform, in contrast to Indias domestic exchanges, offers extended trading hours and lenient capital controls for dollardenominated Nifty futures. Because of the increased liquidity and foreign investment brought about by this regulatory arbitrage, GIFT Nifty is now positioned as a competitive offshore option. According to analysts, GIFT Citys architecture facilitates easier crossborder involvement, even if mainland markets are subject to stricter surveillance and compliance standards. Although the discrepancy calls into question the coherence of regulations, it also illustrates Indias desire to becoming a global financial centre. As GIFT Nifty volumes rise, authorities are keeping an eye on the effects, which are changing how foreign investors interact with Indian equities indexes. Read More..

B2B Tech News | 3 months ago          

Microsoft Edge Gets Major Security Boost with AIPowered Threat Detection

A significant security update for Microsoft Edge was released to allay user worries about browser flaws and data protection. Improved sandboxing, real

A significant security update for Microsoft Edge was released to allay user worries about browser flaws and data protection. Improved sandboxing, realtime security against fraudulent downloads, and improved phishing and malware detection are all features of the upgrade. To better block fraudulent websites, Edge now uses Microsoft Defender SmartScreen with AIdriven threat analysis. Tighter interaction with Microsoft Purview helps enterprise users avoid data loss and comply with regulations. Additionally, the browser incorporates finegrained authorisation controls for thirdparty scripts and addons. Microsofts efforts to establish Edge as a safe substitute for Chrome, particularly in professional settings, are reflected in these modifications. The update coincides with an increase in cyber risks and a growing need for browsing tools that prioritise privacy in both the consumer and business markets. Read More..

B2B Tech News | 3 months ago          

Qualcomm Launches Snapdragon 8 Elite Gen 5 and X2 Elite in India to Power AI Devices

With a focus on flagship smartphones and AI PCs, Qualcomm has introduced its Snapdragon 8 Elite Gen 5 and Snapdragon X2 Elite series in India. With im

With a focus on flagship smartphones and AI PCs, Qualcomm has introduced its Snapdragon 8 Elite Gen 5 and Snapdragon X2 Elite series in India. With improved CPU, GPU, and NPU performance, the Snapdragon 8 Elite Gen 5 supports advanced gaming features and ondevice generative AI. Built for Windows PCs, the Snapdragon X2 Elite competes with Apples Mseries CPUs in productivity benchmarks and delivers up to 45 TOPS AI performance. Realtime translation, multimodal AI, and increased energy economy are supported by both chips. With local OEMs anticipated to quickly adopt the platforms, Qualcomm hopes to drive Indias AI hardware industry. The event highlights Qualcomms efforts to become the leader in AIpowered mobile and PC experiences, as well as Indias expanding position in nextgeneration computing. Read More..

B2B Tech News | 3 months ago          

Anthropic Launches Claude 4.5, Surpassing GPT4 in Enterprise Benchmarks

Claude 4.5, Anthropics newest AI model targeted at corporate clients, boasts significant advancements in thinking, coding, and multilingualism. The mo

Claude 4.5, Anthropics newest AI model targeted at corporate clients, boasts significant advancements in thinking, coding, and multilingualism. The model, which has enterprisegrade functionality designed for data processing, legal research, and customer assistance, is accessible through Claude.ai and Amazons Bedrock platform. According to reports, Claude 4.5 outperforms Gemini 1.5 and GPT4 in a number of benchmarks, such as math and programming activities. Additionally, it offers improved context handling and memory, which increases its dependability for extended interactions. Anthropic highlights transparency and safety, pointing out that Claude complies with ethical AI standards. As businesses want for strong, safe models to integrate intelligent automation across workflows and optimise operations, the release underscores the increasing rivalry in the corporate AI field. Read More..

B2B Tech News | 3 months ago          



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