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European AI Startup Boom Spurs Talent War with DeepMind and Others

The rivalry for technical expertise is becoming more fierce because of the entrance of AI startups in Europe. As a result, organisations such as Googl

The rivalry for technical expertise is becoming more fierce because of the entrance of AI startups in Europe. As a result, organisations such as Google DeepMind are forced to provide attractive packages or face losing top talent to competitors. Due to OpenAIs success, more money is being invested in AI startups, which has drawn overseas companies like Cohere and Anthropic to open European offices. DeepMind faces difficulties when staff members leave to start their businesses notable departures have resulted in large values. Senior researchers at DeepMind are granted restricted shares as part of an effort to retain talent. The arrival of international behemoths has led to a sharp increase in executive wages in Britains AI industry. Startups like Cohere entice people away from DeepMind by taking advantage of the changing market to create cuttingedge companies. Read More..

B2B Tech News | 1 years ago

NetApp Collaborates with NVIDIA to Propel AI Projects with Advanced Data Infrastructure

To improve Gen AI projects, NetApp announces improvements to its data infrastructure. It also partners with NVIDIA to integrate data infrastructure wi

To improve Gen AI projects, NetApp announces improvements to its data infrastructure. It also partners with NVIDIA to integrate data infrastructure with highperformance computing and networking. The solution aims to stimulate creativity, enhance decisionmaking, and simplify AI operations. Securing and facilitating highperformance data access in complicated situations is made possible by NetApps experience in AI support. The upgrade adds FlexPod for AI reference designs supporting NVIDIA AI Enterprise software and NetApp AIPodTM, a certified NVIDIA DGX BasePOD solution. NetApps validation for NVIDIA OVX systems further improves business AI installations. NetApp keeps enabling businesses to realise the full promise of AI with new cyberresilience features like Autonomous Ransomware Protection with AI. Read More..

B2B Tech News | 1 years ago

Coforge Unveils Coforge Orion AIPowered Autonomous SelfService Solution

Coforge presents Coforge Orion, an AIpowered selfservice system that operates independently. It automates incoming and outgoing calls, responding inte

Coforge presents Coforge Orion, an AIpowered selfservice system that operates independently. It automates incoming and outgoing calls, responding intelligently and acting on its initiative through generative AI. In contrast to conventional approaches, Coforge Orion facilitates organic, tailored dialogues that build stronger relationships with clients in industries like healthcare and tourism. This enterprisegrade technology facilitates humanlike bidirectional interactions in sales, marketing, and customer service. To ensure smooth communication, it uses generative AI for inbound questions and dynamically produces voice chats for outgoing calls. Businesses may improve customer happiness, streamline processes, and boost revenue development with CRM integration and multilingual assistance. Coforge Orion has already succeeded in several industries, enhancing client relations and giving companies more leverage in the everchanging business environment. Read More..

B2B Tech News | 1 years ago

Cloudflare Unveils Magic Cloud Networking Solution for Simplified Cloud Management

Cloudflare has announced the release of Magic Cloud Networking, a solution designed to make public cloud environments more straightforward and secure

Cloudflare has announced the release of Magic Cloud Networking, a solution designed to make public cloud environments more straightforward and secure for enterprises. This action comes after Nefeli Networks, a startup with a focus on MultiCloud Networking MCN technologies, was acquired by Cloudflare. Cloudflares connection cloud and Nefelis capabilities have been integrated to enable organizations to manage and safeguard their cloud infrastructure across various providers easily. Thanks to this platform, teams can more easily deploy and maintain networking components, which allows them to handle complicated cloud settings easily. To fully realize the promise of the cloud, Cloudflare seeks to give its clients more visibility, control, agility, and resilience while managing their cloud deployments. Nefelis technology is included in Cloudflare Ones SASE platform, which expands the companys extensive line of Zero Trust products and provides robust network connectivity and industryleading a Read More..

B2B Tech News | 1 years ago

Colt DCS Expands into Southern India with Ambitious Data Centre Plans

Colt Data Centre Services Colt DCS has announced plans to buy a 10acre land in Chennai to increase its presence in Southern India. The move aims to ta

Colt Data Centre Services Colt DCS has announced plans to buy a 10acre land in Chennai to increase its presence in Southern India. The move aims to take advantage of the growing digital industry in Chennai by establishing a hyperscale data centre in Ambattur by 2027. The fifthlargest city in India, Chennai, is home to fast internet and is a crucial hub for international fibre networks. Colt DCS wants to help industrial growth by providing a solid IT infrastructure to support digitalization activities in the area. Colt DCSs dedication to Indias digital transformation is demonstrated by this development, which makes it the companys 18th data centre worldwide. The project supports the Indian governments objective of turning the countrys economy into a $1 trillion economy by 2030, with Colt DCS using its experience to meet rising demand for data centre services. Read More..

B2B Tech News | 1 years ago

ECB Keeps Interest Rates Steady Amid Softening Inflation

For the fourth meeting in a row, the European Central Bank ECB held interest rates constant. This was expected given the lower inflation and economic

For the fourth meeting in a row, the European Central Bank ECB held interest rates constant. This was expected given the lower inflation and economic growth estimates, which increased expectations for possible rate reduction beginning in June. The Governing Council emphasised its commitment to supporting inflation, returning to the 2% objective, as the deposit rate stayed at a historic low of 4%. A little drop in the euro and a rise in monetary easing expectations were among the markets reactions. Additional details on the rate adjustment timeframe will be revealed at the ECB President Christine Lagardes subsequent press conference. Policymakers are waiting for additional information before making any changes to monetary policy, even as their fears about inflation are waning. In the meantime, international equivalents such as the Bank for International Settlements and the Federal Reserve take a similarly cautious approach to monetary policy and inflation. Read More..

B2B Tech News | 1 years ago

Report Reveals Challenges in Africas Artisanal Fishing Sector

According to research by Noël Tadégnon, while having abundant marine resources, Africas artisanal fishing industry has several difficulties, such as

According to research by Noël Tadégnon, while having abundant marine resources, Africas artisanal fishing industry has several difficulties, such as child labour, subpar working conditions, and unlawful exploitation. In the meantime, the depreciation of the Ugandan Shilling since the beginning of the year has been 4%, a result of increased demand from offshore investors and inflows of commodities, indicating continued instability in the currency markets. Positively, according to a survey by the African Development Bank Group, Africa is poised to lead the world economy in 2024, with eleven of its countries ranking among the top 20 fastestgrowing in the world. This indicates the continents strong economic future. Read More..

B2B Tech News | 1 years ago

India Commits $1.25 Billion to Artificial Intelligence Projects

India authorized a substantial investment in artificial intelligence projects on Thursday, worth 103 billion rupees $1.25 billion. The projects includ

India authorized a substantial investment in artificial intelligence projects on Thursday, worth 103 billion rupees $1.25 billion. The projects include building massive language models and improving computing infrastructure. The money will also help AI startups and make it easier to develop AI applications for the government. In a statement, the government said that this investment demonstrates Indias dedication to promoting innovation and development in the artificial intelligence space. Notably, forecasts from the IT industry association Nasscom indicate that the artificial intelligence market in India is expected to develop at an estimated annual pace of 25%35% between 2024 and 2027, with a projected value of $17 billion. This substantial investment reflects the countrys recognition of the transformative potential of artificial intelligence and its determination to capitalize on its benefits for economic development and technological advancement. 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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4. Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5. Approximately 8 billion gadgets connect on the internet every day.
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