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Biden Administration to Award MultiBillion Dollar Grant to Intel for Chip Production Expansion

President Joe Biden and Commerce Secretary Gina Raimondo will give Intel an award worth billions of dollars to increase chip manufacturing in the Unit

President Joe Biden and Commerce Secretary Gina Raimondo will give Intel an award worth billions of dollars to increase chip manufacturing in the United States. Under the 2022 CHIPS and Science Act, Intel will get grants and loans for the event, which takes place in Arizona the following week. With significant financing, this effort seeks to increase domestic semiconductor output. The overarching objective of decreasing dependency on overseas chip production, especially in China and Taiwan, aligns with Intels development plans in Arizona and Ohio. The action indicates a calculated attempt to improve the American chip industrys standing in the international semiconductor marketplace. Read More..

B2B Tech News | 1 years ago          

France Travail Discloses Cyberattack Impacting 43 Million Individuals

Formerly known as Pôle Emploi, France Travail revealed a cyberattack in which hackers gained access to networks that may have affected 43 million peo

Formerly known as Pôle Emploi, France Travail revealed a cyberattack in which hackers gained access to networks that may have affected 43 million people. Over the previous 20 years, the attack targeted the personal information of job searchers, including social security numbers, complete names, and dates of birth. The French data protection body, CNIL, is alerting people to the dangers of identity theft. Passwords and bank information are still safe, but its advisable to be on the lookout for phishing efforts. The Paris prosecutors office is the recipient of complaints from those impacted. This event is more significant than past breaches, suggesting a worrying trend in cyber assaults aimed at personal data in France. Read More..

B2B Tech News | 1 years ago          

IDC Survey Highlights Cybersecurity Challenges in India, with Phishing and Insider Threats Dominating Concerns

According to an International Data Corporation survey on security operations SecOps in AsiaPacific, India has serious cybersecurity difficulties, whic

According to an International Data Corporation survey on security operations SecOps in AsiaPacific, India has serious cybersecurity difficulties, which Fortinet commissioned. Concerns are primarily about phishing and insider attacks, although ransomware cases have doubled. Remote work makes Insider threat events worse, and SecOps teams—which handle 221 occurrences a day on average—are afflicted by alert fatigue. Even with the adoption of automation techniques, optimization still has unrealized potential. Businesses prioritise responding to threats quickly, and their top investments are strengthening staff cyber awareness, network and endpoint security, and threat hunting and response capabilities. These results highlight the importance of taking proactive steps in cybersecurity and making wise financial decisions to combat changing cyber threats effectively. Read More..

B2B Tech News | 1 years ago          

Bosch Tech Compass Survey AI Emerges as Top Transformative Force Globally

According to 64% of respondents in the Bosch Tech Compass Survey, Artificial Intelligence AI will be the most impactful technology in the foreseeable

According to 64% of respondents in the Bosch Tech Compass Survey, Artificial Intelligence AI will be the most impactful technology in the foreseeable future, highlighting the technologys growing relevance as a worldwide disruptive force. 76% of Indians believe they are ready for the AIled age, indicating a high level of optimism in the country. Indians think using AI to improve transportation safety and fight climate change is a good idea. Transparency in labelling AIgenerated information is demanded to promote accuracy and give consumers more authority. Interestingly, Indians are willing to incorporate AI into everyday encounters they embrace AI in unusual positions, like standup comedians, and even trust AI chatbots. While there is optimism about AIs potential benefits, problems are also being acknowledged, and appropriate deployment and education are needed. Read More..

B2B Tech News | 1 years ago          

Microsoft Raises Concerns Over Googles Dominance in Generative AI, Citing Ecosystem Advantage

Microsoft emphasised Googles competitive advantage in generative AI in response to an EU antitrust consultation, noting the companys integrated ecosys

Microsoft emphasised Googles competitive advantage in generative AI in response to an EU antitrust consultation, noting the companys integrated ecosystem spanning from semiconductors to app stores and its access to a massive amount of private data. Microsoft highlighted two critical advantages for Google its selfsupplied AI hardware and its access to rich datasets from YouTube and the Google Search Index. It also mentioned the benefits of wellknown voice assistants, such as Apples Siri and Google Assistant. In response, Google highlighted the transparency of Google Cloud and charged competitors with client lockin. Microsoft defended its OpenAI initiatives and stressed the value of procompetitive alliances in the AI industry. The discussion highlights the AI industrys intense rivalry and stringent regulatory oversight. Read More..

B2B Tech News | 1 years ago          

Microsoft Raises Concerns Over Googles Dominance in Generative AI, Citing Ecosystem Advantage

Microsoft emphasised Googles competitive advantage in generative AI in response to an EU antitrust consultation, noting the companys integrated ecosys

Microsoft emphasised Googles competitive advantage in generative AI in response to an EU antitrust consultation, noting the companys integrated ecosystem spanning from semiconductors to app stores and its access to a massive amount of private data. Microsoft highlighted two critical advantages for Google its selfsupplied AI hardware and its access to rich datasets from YouTube and the Google Search Index. It also mentioned the benefits of wellknown voice assistants, such as Apples Siri and Google Assistant. In response, Google highlighted the transparency of Google Cloud and charged competitors with client lockin. Microsoft defended its OpenAI initiatives and stressed the value of procompetitive alliances in the AI industry. The discussion highlights the AI industrys intense rivalry and stringent regulatory oversight. Read More..

B2B Tech News | 1 years ago          

Reliance Industries to Acquire Paramount Globals Stake in Viacom18 Media for $517 Million

As disclosed by Paramount in a regulatory filing, Reliance Industries has agreed to pay around $517 million 42.86 billion Indian rupees for Paramount

As disclosed by Paramount in a regulatory filing, Reliance Industries has agreed to pay around $517 million 42.86 billion Indian rupees for Paramount Globals full 13.01% ownership in local entertainment network Viacom18 Media. Reliance owns most of Viacom18, a company that runs 40 television networks, including wellknown ones like MTV, Comedy Central, and Nickelodeon. After the agreement closes, Paramount plans to keep licencing its material to Viacom18, using JioCinema from Reliance for streaming. The deals closing is conditioned on Reliances previously disclosed merger with Walt Disney regarding their streaming and India TV businesses. Read More..

B2B Tech News | 1 years ago          

Together AI, Backed by Nvidia, Raises $106 Million in Successful Fundraising Round

Nvidiabacked Together AI revealed on Wednesday that it had completed a successful fundraising round, garnering $106 million and more than tripling its

Nvidiabacked Together AI revealed on Wednesday that it had completed a successful fundraising round, garnering $106 million and more than tripling its valuation to $1.25 billion since last autumn. The fundraising was spearheaded by Salesforce Ventures, with participation from Lux Capital, Emergence Capital, Coatue Management, and other current investors. Established in 2022, Together AI gained popularity by granting users access to Nvidias GPUs. Its goal is to develop a platform that helps programmers create or modify opensource artificial intelligence models. The funding will support growth, the employment of academics for new model architecture, and the lease of more cloud computing capacity. CEO Vipul Ved Prakash positioned the company as a premier location for implementing AI models at scale by highlighting its 45,000+ expanding user base, including global corporations and AI startups. Read More..

B2B Tech News | 1 years ago          



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