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Alibaba Cloud Slashes Prices by Up to 55% Amidst Intense AI Developer Competition

Alibaba Cloud, competing fiercely to recruit AI engineers, announced the most significant price decrease it has ever made, of up to 55% on a selection

Alibaba Cloud, competing fiercely to recruit AI engineers, announced the most significant price decrease it has ever made, of up to 55% on a selection of goods. This action comes after a 50% price cut in April of the previous year. Alibaba is offering an average 20% price reduction on over 100 goods as part of a campaign to encourage developers to use its cloud services for artificial intelligence applications. In response, rivals like Tencent and Huawei have also reduced the cost of cloud computing. In line with its dedication to promoting an open cloud ecosystem, Alibaba seeks to democratise cloud services by increasing their accessibility for businesses and developers. Alibaba Cloud, a leader in Chinas cloud computing industry, presently has a large portion of the local market. Read More..

B2B Tech News | 1 years ago

Reliance Industries and Walt Disney Announce Merger of TV and Streaming Assets in India

Reliance Industries of India and Walt Disney announced the combination of their streaming and TV media businesses, creating a $8.5 billion entertainme

Reliance Industries of India and Walt Disney announced the combination of their streaming and TV media businesses, creating a $8.5 billion entertainment behemoth in the country of a billion people. Disney holds the remaining shares in the combined company, with Reliance contributing $1.4 billion and controlling over 63%. This action tackles Disneys difficulties in the Indian streaming market and the financial burden of paying cricket rights. The combined company will be impressive with two streaming services, 120 TV stations, and cricket rights. Disney gets financial security, and Reliance gains leverage in marketing negotiations. The transaction strengthens Reliances standing in Indias $28 billion media industry. Nita Ambani will chair the board, with Uday Shankar as vice chair. The merger aligns with Disneys commitment to India despite past challenges, including a noncash impairment charge due to subscriber losses. Read More..

B2B Tech News | 1 years ago

Salesforce Unveils Einstein Copilot, a New AI Assistant

Salesforces new AI assistant, Einstein Copilot, uses a companys specific data to provide reliable answers within Salesforce apps. In contrast to other

Salesforces new AI assistant, Einstein Copilot, uses a companys specific data to provide reliable answers within Salesforce apps. In contrast to other AI assistants, it strictly adheres to data governance. It uses private corporate data to provide accurate replies. Copilot provides a consistent user experience by responding to inquiries, creating content, and dynamically automating activities. It is based on Salesforces CRM apps. With the help of a conversational user interface, extensive language models, and reliable corporate data, this adaptable assistant can communicate with apps in novel ways. With the beta release, Salesforce hopes to enable users to have enhanced profits, stronger customer interactions, and AIdriven productivity. A reasoning engine for deciphering intent, customisable features, anchoring prompts in Data Cloud, outofthebox actions, and security and privacy guaranteed by the Einstein Trust Layer are just a few of the Copilots capabilities. The application improves Read More..

B2B Tech News | 1 years ago

Truecaller Launches AIPowered Call Recording for iOS and Android Users in India

For iOS and Android users in India, Truecaller has launched AIPowered Call Recording, which simplifies the process of recording and organising signifi

For iOS and Android users in India, Truecaller has launched AIPowered Call Recording, which simplifies the process of recording and organising significant conversations within the app. Truecaller boosts productivity by letting users concentrate on live conversations without having to bother about taking notes because of its cuttingedge AI technology. Summaries and thorough call transcriptions are made possible by the incorporation of AI. Those who use iPhones can start recording by selecting Record a call and combining calls with an input number. Local storage of recorded calls is provided, along with an iCloud backup option. Android users have a separate button to start and stop recording. Users are notified via push notification when transcriptions and recordings are available. The Managing Director of Truecaller, Rishit Jhunjhunwala, emphasised innovation to meet consumers demands for control over their conversations. The feature is available in Truecallers Premium plan, initially s Read More..

B2B Tech News | 1 years ago

Apple CEO Tim Cook Plans to Provide More Details on Generative AI Utilization

During the companys annual shareholder meeting, Tim Cook, the CEO of Apple, stated that further information on the companys use of generative artifici

During the companys annual shareholder meeting, Tim Cook, the CEO of Apple, stated that further information on the companys use of generative artificial intelligence will be released later this year. Cook highlighted Apples substantial investment in this field, citing the companys vision of revolutionary possibilities for problemsolving and productivity. Although Apple has lagged behind rivals like Microsoft and Google in the use of generative AI, Cook emphasised the AI integrated into Apple products behind the scenes. The revelation comes after a shareholder motion that called for Apple to provide more details about its use of AI and ethical standards—led by the AFLCIO—was rejected. Despite failing, the idea received a lot of support, indicating that investors are becoming more interested in Apples ethics and transparency in AI. Read More..

B2B Tech News | 1 years ago

ASML Achieves "First Light" Milestone with High NA EUV Lithography System

At the SPIE lithography conference, Ann Kelleher of Intel stated that ASML had confirmed the successful "first light" during testing, marking a key mi

At the SPIE lithography conference, Ann Kelleher of Intel stated that ASML had confirmed the successful "first light" during testing, marking a key milestone with their new High NA EUV lithography equipment. Even if the instrument isnt functioning to its full potential, this accomplishment represents a significant advancement. Known for their enormous size and high cost, ASMLs High NA EUV tools are expected to propel improvements in chip fabrication, allowing quicker and smaller circuits. One instrument is being assembled at an Intel plant in Oregon. At the same time, the other is housed in the ASML laboratory in the Netherlands. Shortly after, chipmakers such as TSMC, Samsung, and Intel wanted to implement this technology Intel intends to use it for its 14A CPUs. Read More..

B2B Tech News | 1 years ago

Meta Platforms to Launch Llama 3 AI Language Model Upgrade in July

The most recent iteration of Meta Platforms artificial intelligence language model, Llama 3, is scheduled for release in July. The update aims to impr

The most recent iteration of Meta Platforms artificial intelligence language model, Llama 3, is scheduled for release in July. The update aims to improve the models capacity to reply to users controversial questions. Researchers studying metaresearch are attempting to increase the models flexibility so that it may offer background data on contentious issues. This project coincides with Googles announcement that it pauses the imagegeneration function on its Gemini AI because of errors in older photos. While Llama 2, Metas existing model, avoids answering some delicate inquiries, Llama 3 is supposed to comprehend and reply suitably to a wider variety of concerns. Meta also intends to designate an internal overseer for safety and tone training to improve the models reactions. Read More..

B2B Tech News | 1 years ago

Toyota Reports 7% Increase in Global Vehicle Production in January

Toyota Motor announced a 7% increase in worldwide car production in January, bringing the total to 740,332 units produced yearly for the 13th time. Th

Toyota Motor announced a 7% increase in worldwide car production in January, bringing the total to 740,332 units produced yearly for the 13th time. The spike was driven by strong U.S. demand, resulting in a 23% increase in U.S. sales and a 2% increase in European sales. On the other hand, domestic sales in Japan dropped sharply by 14%. Even though sales in China increased by 39%, the Chinese New Year calendar adjustments contributed to this, and the Chinese market became more competitive. Notably, gasolineelectric hybrids accounted for roughly twofifths of Toyotas January sales, demonstrating the automakers dedication to environmentally friendly car alternatives. 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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