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Vodafone and Microsoft Forge $1.5 Billion AI Partnership for Customer Services and IoT Expansion

Vodafone and Microsoft have partnered for ten years to offer cloud, digital, enterprise, and generative AI services to more than 300 million customers

Vodafone and Microsoft have partnered for ten years to offer cloud, digital, enterprise, and generative AI services to more than 300 million customers and organisations in Europe and Africa. Vodafone invested $1.5 billion in customerfocused AI created using Microsofts Copilot and Azure OpenAI technology. Microsoft has agreed to invest stock in Vodafones managed IoT platform, which is scheduled to be spun off as a separate company by April 2024. Microsoft will also help expand Vodafones mobile finance platform throughout Africa. The collaboration intends to improve IoT and financial services capabilities while utilising AI to revolutionise client services. Read More..

B2B Tech News | 2 years ago          

UK Ecommerce Firm THGs Ingenuity Collaborates with Holland & Barrett for Enhanced Online Presence

The UK ecommerce business THG announced a new collaboration between Holland & Barrett, a UK wellness retailer, and its online platform, Ingenuity. Uti

The UK ecommerce business THG announced a new collaboration between Holland & Barrett, a UK wellness retailer, and its online platform, Ingenuity. Utilising automated facilities in the UK is part of the agreement. THG said that its performance for the fourth quarter and the entire year aligns with projections and expectations. THGs exclusive operating platform and technology, Ingenuity, helps companies with data science, marketing, and logistics related to ecommerce. The alliance with Holland & Barrett indicates THGs ongoing growth and partnerships with wellknown companies in the wellness and ecommerce industries. Read More..

B2B Tech News | 2 years ago          

UN Report Exposes Collaboration Between North Korean Hackers and Criminal Networks in Southeast Asia

According to a UN assessment, fraudsters and drug traffickers in Southeast Asia are collaborating with North Korean hackers, specifically the Lazarus

According to a UN assessment, fraudsters and drug traffickers in Southeast Asia are collaborating with North Korean hackers, specifically the Lazarus Group, on money laundering and underground banking networks. Examples of this kind of sharing have been seen throughout the Mekong region, including in Myanmar, Thailand, Laos, and Cambodia, according to the UN Office on Drugs and Crime UNODC. Southeast Asias unlicensed cryptocurrency exchanges and casinos have become essential parts of the regions organised criminal networks finance infrastructure. According to the research, these locations effectively transport and launder enormous amounts of cash and cryptocurrency, bringing billions of dollars worth of illicit gains into the official banking system. Read More..

B2B Tech News | 2 years ago          

Microsoft Expands Copilot Virtual Assistant Access to Small Businesses with Microsoft 365 Subscriptions

Small organisations that subscribe to Microsoft 365 Business Premium and Business Standard may now sign up for up to 299 licences at $30 per person pe

Small organisations that subscribe to Microsoft 365 Business Premium and Business Standard may now sign up for up to 299 licences at $30 per person per month, thanks to Microsofts expansion of access to its Copilot virtual assistant. Once exclusive to bigger businesses and academic institutions, Copilot uses OpenAIs language models to assist users with writing, scripting, creating, researching, and learning. Individuals with Microsoft 365 Personal and Family subscriptions may now use Copilot Pro in Word, Excel, Outlook, and other apps for $20 per person per month. Priority access to the newest models—including OpenAIs GPT4 Turbo—as well as extra features like model switching and the ability to create bespoke chatbots are provided by Copilot Pro. Read More..

B2B Tech News | 2 years ago          

New AIPowered Chatbot and Enhanced Product Search Feature Introduced for Retailers by Google Cloud

Google Cloud has unveiled a new set of tools for retailers that use generative artificial intelligence AI to improve retail operations, including onli

Google Cloud has unveiled a new set of tools for retailers that use generative artificial intelligence AI to improve retail operations, including online purchasing. Among the services offered is a chatbot driven by generative AI for mobile applications and websites that converses with users and suggests products based on their interests. A sizable language model function has also been included to enhance the calibre of product searches. These advancements demonstrate the growing impact of generative AI in the retail industry, as seen by the recent adoption of comparable technology by Amazon and other merchants. An announcement is made before the annual meeting of the National Retail Federation in New York City. Read More..

B2B Tech News | 2 years ago          

Nvidias A100 and H100 Chips Prohibited Chinese Universities and Military Obtain Them

Reuters reports that Nvidia semiconductors, which the United States forbade from being exported to China, have been acquired by Chinese universities,

Reuters reports that Nvidia semiconductors, which the United States forbade from being exported to China, have been acquired by Chinese universities, military organisations, and staterun AI research centres. The transactions show how difficult it will be to deny China access to cuttingedge American semiconductors, essential for artificial intelligence and powerful computers for its armed forces. The A100 and H100 Nvidia chips are among those that are prohibited several organisations, including prestigious colleges and those governed by export laws from the United States, have purchased them. Despite the emergence of competing products, the demand highlights the need for more feasible options for Chinese enterprises. It is also said that there is a black market for these chips in China. Read More..

B2B Tech News | 2 years ago          

Wizz Air Loses Legal Battle Over Romanias €36.66 Million Aid to TAROM

Wizz Air has lost its legal case against Romania for giving TAROM, a stateowned airline, €36.66 million $40.2 million in rescue relief. The Court of

Wizz Air has lost its legal case against Romania for giving TAROM, a stateowned airline, €36.66 million $40.2 million in rescue relief. The Court of Justice of the European Union CJEU, the highest court in the European Union, maintained the European Commissions decision to authorise the aid. The European Commission approved considerable state help to several airlines during the COVID19 pandemic however, competitors challenged this decision in court. The CJEU determined Romanias loan to TAROM to meet its liquidity needs was legal under EU law. Read More..

B2B Tech News | 2 years ago          

EthiopiaSomaliland Deal for Coastline Lease Economic Implications Explored

The agreement between Somaliland and Ethiopia to lease a 20kilometer section of coastline has critical economic ramifications. Ethiopia diversifies it

The agreement between Somaliland and Ethiopia to lease a 20kilometer section of coastline has critical economic ramifications. Ethiopia diversifies its maritime routes, lessening reliance on a single corridor and cutting shipping costs by gaining access to the Red Sea outside Djibouti. The efficiency of regional commerce may benefit from this action. Its successful integration and execution into current trade networks, however, are prerequisites. The attraction of Somalia to the global world will depend on diplomatic ties, geopolitical dynamics, and stability. The pact highlights Somalias strategic importance, but more extensive variables will influence foreign support. The rise of FCFA in Ghana and Nigeria demonstrates these countries inclination for the currencys relative stability and ease of conversion. Read More..

B2B Tech News | 2 years ago          



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