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Samsung Electronics to Adopt SK Hynixs ChipMaking Technology for AI Applications

According to reports, Samsung Electronics intends to use chipmaking technologies supported by competitor SK Hynix to create highend processors for art

According to reports, Samsung Electronics intends to use chipmaking technologies supported by competitor SK Hynix to create highend processors for artificial intelligence applications. Moving to catch up in the competition for High Bandwidth Memory HBM chips—which are prevalent in generative AI—Samsung has made this effort. Production problems have resulted from Samsungs choice to continue using NonConductive Film NCF technology. At the same time, competitors like SK Hynix have adopted the Mass Reflow Roulded UnderFill MRMUF technique. Samsung appears to be changing its approach based on recent purchase orders for MUFcompatible equipment. Even if it is considering using MUF, Samsung insists that its NCF technology is still the best option for HBM devices. In AI applications, the HBM3 and HBM3E processors are essential for processing large volumes of data. Read More..

B2B Tech News | 1 years ago

Dell Technologies and Nokia Extend Strategic Partnership for Advancing Open Network Architectures and Private 5G

The strategic relationship between Nokia and Dell Technologies has been extended to make use of their combined knowledge and abilities in developing p

The strategic relationship between Nokia and Dell Technologies has been extended to make use of their combined knowledge and abilities in developing private 5G use cases and open network designs. For current AirFrame clients, Nokia will switch them over to Dells infrastructure portfolio by designating Dell as its preferred infrastructure partner. Dell then employs Nokias NDAC private wireless technology for business edge use cases. Their joint goal is to combine NDAC with Dell NativeEdge to provide businesses with allinclusive solutions. The partnership leverages Nokias mobile network knowledge and Dells digital transformation experience to efficiently grow contemporary telco networks and private 5G use cases. They will also work together on workload certification, lifecycle management, and testing to handle upcoming network needs appropriately. Read More..

B2B Tech News | 1 years ago

Volvo Cars Invests in Breathe Battery Technologies to Accelerate EV Charging Innovation

Volvo Cars has invested in the UK business to use Breathe Battery Technologies battery software and save thirty per cent of the charging time of its f

Volvo Cars has invested in the UK business to use Breathe Battery Technologies battery software and save thirty per cent of the charging time of its forthcoming Electric Vehicles EVs. Through the Volvo Cars Tech Fund, the funding allows collaboration to prioritise innovation and address consumer problem areas. EVs can securely charge at full power because of Breathes algorithmbased charging software, which also improves battery health monitoring. This development is essential for quickening the adoption of EVs. The current software from Breathe, installed in Oppo smartphones, improves battery performance and longevity. Plans aim to expand these advantages to include EV batteries. Breathes cooperation with Volvo is a crucial step towards softwaredriven battery breakthroughs in the automobile sector, even though particular collaborations are still secret. Read More..

B2B Tech News | 1 years ago

Oracle Surpasses Quarterly Profit Estimates, Soars on Nvidia Collaboration News

Driven by the spike in demand for generative AI, Oracle ORCL.N surpassed quarterly profit projections and announced a cooperative venture with chip gi

Driven by the spike in demand for generative AI, Oracle ORCL.N surpassed quarterly profit projections and announced a cooperative venture with chip giant Nvidia NVDA.O. After hours of trading, the announcement sent Oracles shares up by over 14%, increasing the companys market worth by over $40 billion. Oracle has partnered with Microsoft and Nvidia to deliver competitive services as it becomes a cloud computing provider. Oracles Gen2 AI infrastructure is in great demand, as seen by the companys enormous contracts for cloud infrastructure capacity, which CEO Safra Catz emphasised. Although sales were somewhat below projections, the quarterly profit exceeded expectations, and the rise in Remaining Performance Obligations points to good future outcomes. Oracles sales growth prediction for the upcoming quarter was similar to what experts had anticipated. Read More..

B2B Tech News | 1 years ago

Australia and India to Ink Interim Trade Deal, Easing Tariffs on Key Exports

Amid tense relations with China, Australia and India are scheduled to strike a temporary trade agreement to strengthen economic ties. Under the agreem

Amid tense relations with China, Australia and India are scheduled to strike a temporary trade agreement to strengthen economic ties. Under the agreement, Australian products such as lamb, wool, and rock lobsters would have their tariffs swiftly lowered, and Indian goods are anticipated to enter Australia dutyfree. Australias wine and dairy industries are anticipated to experience progressive tariff reductions as part of the agreement, which delivers immediate advantages for industries including agriculture and mining. Increased access for Indian professionals and students in specific fields is another deal component. The signing establishes the framework for future negotiations on a comprehensive free trade agreement. It represents a significant step to improving bilateral commercial ties. Read More..

B2B Tech News | 1 years ago

Reddit Aims for $6.4 Billion Valuation in U.S. IPO, Targeting $748 Million Raise

Reddit plans to sell around 22 million shares between $31 and $34 apiece to fund up to $748 million for its U.S. Initial Public Offering IPO, with a v

Reddit plans to sell around 22 million shares between $31 and $34 apiece to fund up to $748 million for its U.S. Initial Public Offering IPO, with a valuation of up to $6.4 billion. Even with the lofty valuation, it is less than the $10 billion that Reddits 2021 financing brought in. Reddit was established in 2005 and today has 100,000 "subreddits," or forums, where users may debate a wide range of subjects. Reddit, which gained notoriety in 2021 for its "memestock" controversy, has set aside 8% of its shares for moderators and qualified users due to possible market volatility. Despite having a substantial user base of 73.1 million daily active "uniques," Reddits IPO is being closely watched due to concerns over content control and financial difficulties. Read More..

B2B Tech News | 1 years ago

Bitcoin Surges to Record High Above $72,000 Amidst ETF Inflows

Monday saw Bitcoin reach a record high above $72,000, continuing its unstoppable ascent. The cryptocurrencys price increased 4.4% to $72,649 from its

Monday saw Bitcoin reach a record high above $72,000, continuing its unstoppable ascent. The cryptocurrencys price increased 4.4% to $72,649 from its peak of $72,739. This spike is linked to anticipation of a possible Federal Reserve interest rate decrease and a rush of money into brandnew spot bitcoin exchangetraded funds. Bitfinex analysts highlighted the markets ongoing confidence and demand by pointing out Bitcoins power and endurance. Despite a modest slowdown, capital flows into U.S. spot bitcoin exchangetraded funds hit around $2 billion. The price increase is also fueled by anticipation of Bitcoins impending halving event in April, which will restrict supply. Asset managers are seeing a rise in demand for digital asset trading instruments, such as exchangetraded notes backed by cryptocurrency, despite regulatory worries holding a record bullish position in bitcoin futures. Other cryptocurrencies, like Ether, also saw gains, driven by speculation of potential approval for spot E Read More..

B2B Tech News | 1 years ago

Meta Sues Former VP for Alleged Theft of Confidential Documents

Meta, the old name of Facebook, has filed a lawsuit against Dipinder Singh Khurana, its former vice president, alleging that he betrayed the firm by a

Meta, the old name of Facebook, has filed a lawsuit against Dipinder Singh Khurana, its former vice president, alleging that he betrayed the firm by allegedly stealing sensitive papers and joining an unnamed AI cloud computing startup. Khurana, who worked at Meta for 12 years and was promoted to vice president of infrastructure, is charged with stealing confidential papers and storing them on his personal Dropbox and Google Drive accounts just before he left the company. According to Meta, at least eight of the workers mentioned in the stolen records later joined Khuranas new company. The case, submitted to a state court in California, claims breach of contract and emphasises Metas dedication to maintaining personal data privacy. 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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