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Perplexity AI Secures $73.6 Million Funding Round Led by IVP, Including Jeff Bezos and Nvidia

The search firm Perplexity AI has secured $73.6 million in a fundraising round headed by IVP and including investors Jeff Bezos and Nvidia. Users may

The search firm Perplexity AI has secured $73.6 million in a fundraising round headed by IVP and including investors Jeff Bezos and Nvidia. Users may get immediate responses to their queries, references, and citations using the companys search capabilities. Large language models LLMs from several sources, such as OpenAI and Metas Llama opensource model, are used. With its emphasis on optimising many highperforming AI models, Perplexity AI seeks to disrupt the existing quo despite Googles hegemony in the online search industry. The money will go towards expanding the companys workforce and improving its product line. Read More..

B2B Tech News | 2 years ago          

Brookfield Asset Management to Acquire American Towers Indian Operations for $2.5 Billion

With the $2.5 billion acquisition of American Towers Indian business, Brookfield Asset Management will become Indias largest telecom tower operator. A

With the $2.5 billion acquisition of American Towers Indian business, Brookfield Asset Management will become Indias largest telecom tower operator. About 77,000 American towers across the nation are included in the agreement. After four years, this will be Brookfields third acquisition in India. Because of difficulties stemming from Vodafone Idea, its largest client, not being able to pay its debts, American Tower has been contemplating the sale of its business in India for about a year. Approximately 157,000 telecom towers in India are managed by Brookfield via its affiliated Data Infrastructure Trust. It is anticipated that the deal will be finalised in the latter part of 2024. Read More..

B2B Tech News | 2 years ago          

HealthEC Data Breach Exposes Sensitive Information of 4.5 Million Individuals

A data breach at HealthEC, a firm that offers health management solutions, affected around 4.5 million people who got care from one of the companys cl

A data breach at HealthEC, a firm that offers health management solutions, affected around 4.5 million people who got care from one of the companys clients. Between July 14 and July 23, 2023, a breach resulted in unauthorised access to some firm systems. Sensitive data, including names, addresses, dates of birth, Social Security numbers, medical records, information from health insurance policies, and billing and claim information, are among the stolen data. HealthEC advises impacted parties to look closely for fraud and identity theft, check free credit reports for unusual behaviour, and examine account statements. Seventeen healthcare service companies and statelevel health institutions were affected by the incident. Read More..

B2B Tech News | 2 years ago          

Chipmaking Hub Gujarat Engages with Japanese, South Korean, and U.S. Companies

Chipmakers from South Korea, Japan, and the US are negotiating to invest in Gujarat, one of Indias largest industrial centres. Prime Minister Narendra

Chipmakers from South Korea, Japan, and the US are negotiating to invest in Gujarat, one of Indias largest industrial centres. Prime Minister Narendra Modi wants to turn India into a centre for the production of chips. Still, his early plans to provide the sector with $10 billion in incentives have become problematic. Gujarat, Modis home state, recently travelled to Japan to meet with executives and had discussions with chip manufacturers. Notwithstanding nondisclosure agreements prohibiting the identities of the businesses from being revealed, the talks underscore Indias endeavours to draw foreign investment towards its chip manufacturing sector. Read More..

B2B Tech News | 2 years ago          

Samsung and Google to Utilize Qualcomms Snapdragon XR2+ Gen 2 Chip for MR/VR Headsets

Qualcomm has revealed that mixed reality MR/VR headsets would be powered by its latest processing chip, the Snapdragon XR2+ Gen 2, in collaboration wi

Qualcomm has revealed that mixed reality MR/VR headsets would be powered by its latest processing chip, the Snapdragon XR2+ Gen 2, in collaboration with Google and Samsung Electronics. This chip is appropriate for MR/VR applications since it is made to manage data flows from several cameras within the headset. Although the statement did not name the Samsung and Google devices that would use the chip, the action shows how the MR/VR industry is becoming more competitive, especially with Apples Vision Pro headset anticipated to hit stores shortly. The Vision Pro headset is expected to be delivered later this month or early in February and will feature a specially builtprocessor. Read More..

B2B Tech News | 2 years ago          

Microsoft Introduces Copilot Key to Windows Keyboard After 30 Years

The first update to the keyboard in almost thirty years, Microsoft has announced the inclusion of a "Copilot key" to Windows. The Copilot key is inten

The first update to the keyboard in almost thirty years, Microsoft has announced the inclusion of a "Copilot key" to Windows. The Copilot key is intended to grant users access to Microsofts Copilot service. This AIpowered application was unveiled in November and can have several functions, such as virtual meetings and text summarization. This action highlights Microsofts goals for AIenabled PCs and shows the companys continuous efforts to integrate AI into its products. At the CES technology trade show, a few new Windows 11 PCs will have the Copilot key accessible. Later this year, Surface tablets will also have this feature. Read More..

B2B Tech News | 2 years ago          

LONGi Inks 576 MW Solar Technology Deal for Romanian Project with Nofar Energy

A 576 MW technology sales deal has been inked by Israeli company Nofar Energy and Chinese solar panel manufacturer LONGi for a solar project in Romani

A 576 MW technology sales deal has been inked by Israeli company Nofar Energy and Chinese solar panel manufacturer LONGi for a solar project in Romania. This agreement is the biggest of its sort ever inked in Romania. The project is scheduled to start construction this year and go into service in 2025, utilising LONGi machinery. The initiative comes after Nofar Energy purchased the biggest solar park in Romania last year, located in Corbii Mari, Dâmboviţa County. With a 255 MW capacity, the Corbii Mari project is an extension of Nofar Energys 2021 deal for a 153 MW solar park in Răteşti, Argeş County. Read More..

B2B Tech News | 2 years ago          

Telecom Egypt Raises Landline Internet Prices Citing Operational Costs

Since January 5, Telecom Egypt has announced a price hike for its landline internet packages, citing the necessity to maintain services in the face of

Since January 5, Telecom Egypt has announced a price hike for its landline internet packages, citing the necessity to maintain services in the face of growing operating expenses. The nations top telecom provider, the business, will help facilitate remote study and lessen the burden on pupils by providing free access to educational websites. As the corporation deals with growing operating expenditures, the pricing modifications include hikes for various internet packages, ranging in size from 140 GB to 1 TB. This action comes after recent hikes in Egypts mobile phone, metro, and power rates. Read More..

B2B Tech News | 2 years ago          



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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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