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Amazon Introduces AI Chatbot Q to Revolutionize Business Productivity

Amazon has unveiled its AIpowered chatbot, Q, aimed at enhancing business productivity by summarizing documents, managing group chats, and providing v

Amazon has unveiled its AIpowered chatbot, Q, aimed at enhancing business productivity by summarizing documents, managing group chats, and providing various support functions. Following OpenAIs ChatGPT success, tech giants are racing to integrate AI bots into their services. Amazon assures protection against copyright issues, an area where OpenAI faced lawsuits. Q will gradually integrate into Amazons primary business applications, offering features like customer support, data analysis, and coding assistance. This move reflects the intensifying competition in AI innovation among tech giants, with Microsoft leading after significant investments in ChatGPT. Amazons recent $4 billion investment in Anthropic, an AI firm by former OpenAI staff, and ownership of Mechanical Turk emphasize their commitment to AI advancement. Read More..

B2B Tech News | 2 years ago          

NZDD by Easy Crypto, Labrys Aims for Stability Amid Digital Asset Challenges

Easy Crypto, New Zealands largest noncustodial digital asset exchange, collaborated with Labrys, an Australian blockchain company, to introduce NZDD o

Easy Crypto, New Zealands largest noncustodial digital asset exchange, collaborated with Labrys, an Australian blockchain company, to introduce NZDD on the Ethereum blockchain. Their goal is to expand to various chains, including Coinbases Base blockchain. CEO Janine Grainger highlights the challenges hindering digital asset adoption—volatility and complexity. NZDD addresses volatility, providing New Zealanders with a stable store of value. Grainger emphasizes the significance for businesses seeking digital assets for crossborder payments to benefit from low fees without volatility drawbacks. While not the first Kiwi dollarpegged stablecoin—Techemynt launched $NZD in 2021—its availability on Dasset exchange was affected by the 2022 DFX Finance hack, leading to Dassets liquidation. Read More..

B2B Tech News | 2 years ago          

Business Shutdowns Decline Stats SA Reports 136 Closures in October

Stats SA reported 136 business closures in October, 120 voluntary and 16 compulsory. Total liquidations in 2023 hit 1,376. Despite a 13.4% decrease in

Stats SA reported 136 business closures in October, 120 voluntary and 16 compulsory. Total liquidations in 2023 hit 1,376. Despite a 13.4% decrease in October 2023 compared to 2022, overall liquidations fell by 13.0% in the years first ten months. The unclassified sector led Octobers closures with 44, followed by finance, insurance, real estate, and business services 38. Economic indicators in October, like the Absa Purchasing Managers Index drop, suggested a challenging month despite reduced power outages, hinting at ongoing supply issues and weakened consumer demand. Read More..

B2B Tech News | 2 years ago          

WLTH Fintechs Loan Book Surpasses $1.5 Billion After Mortgage Mart Acquisition

Brisbanes WLTH fintechs loan book exceeds $1.5 billion after acquiring Mortgage Mart, consolidating its nonbank lending status. A $14 million funding

Brisbanes WLTH fintechs loan book exceeds $1.5 billion after acquiring Mortgage Mart, consolidating its nonbank lending status. A $14 million funding round, supported by Rajomon and Kina Bank, aids WLTHs expansion. Leveraging WLTHs tech, Rajomon and Kina seek AsiaPacific growth. Funds boost WLTHs working capital, fueling digital lending and ecoinitiatives. WLTH pledges Australian coastline cleanup via partnerships, aligning with Mortgage Marts and founders Brodie and Drew Haupts vision. Haupt emphasizes Mortgage Marts expertise complementing WLTHs digital strategy, noting its $1 billion+ loan portfolio. Read More..

B2B Tech News | 2 years ago          

PSB Workers Anticipate 15%20% Pay Surge, FiveDay Work Week on Horizon

PSB workers are poised for a substantial pay increase of 15%20% and a shift to a fiveday work schedule by midDecember, as the 12th bipartite settlemen

PSB workers are poised for a substantial pay increase of 15%20% and a shift to a fiveday work schedule by midDecember, as the 12th bipartite settlement discussions near conclusion among bank unions, associations, and the Indian Banks’ Association IBA. Remarkably, talks suggest a commencement of the wage hike at 15%, potentially reaching 20%. The unveiling of the shorter work week might align with the wage hike announcement or closely follow. Negotiations continue post the November 2022 wage agreement expiry, aiming for a revised pact affecting both salaries and workdays, extending to regional rural banks. The final agreement is set for mutual signing and subsequent approval by the finance ministry. Read More..

B2B Tech News | 2 years ago          

Enhanced Privacy WhatsApp Set to Roll Out View Once on Desktop

WhatsApps web and desktop versions lacked the view once photos and videos feature present in mobile apps, but reports suggest its imminent return with

WhatsApps web and desktop versions lacked the view once photos and videos feature present in mobile apps, but reports suggest its imminent return with enhanced security measures. Users can access the view once option in the desktop apps caption bar, allowing singletime viewing of sent media, preventing downloads, and disabling screenshots. This feature aims to maintain content ephemeral, heightening user control and privacy. Initially available for some users, it will expand to WhatsApp for Windows, macOS, and WhatsApp Web. WhatsApp reinstated this feature due to user demand, aiming to unify the apps functionality across all platforms, and responding to continued feedback for an enhanced user experience. Read More..

B2B Tech News | 2 years ago          

Augmented Reality & Analytics Tech Mahindra, AWS Redefine Sports Fan Experience

Tech Mahindra has partnered with Amazon Web Services AWS to construct a sports cloud platform catering to global sports enthusiasts. Their joint ventu

Tech Mahindra has partnered with Amazon Web Services AWS to construct a sports cloud platform catering to global sports enthusiasts. Their joint venture targets delivering a comprehensive digital arena for sports organizations, encompassing content engagement, customer data management, audience segmentation, and sports analytics. Augmented and virtual reality experiences and metaverse gamification aim to enhance stadiumtohome fan engagement. This cloud solution empowers sports entities to revamp digital properties, create tailored services, and develop revenue streams aligned with audience preferences. The collaboration, part of a strategic alliance announced earlier in September, aims to reshape fan interactions, leveraging AWSs diverse cloud services to build an engaging, fancentric sports community. Read More..

B2B Tech News | 2 years ago          

Netweb Technologies and NVIDIA Partner to Boost Indias AI Infrastructure

Netweb Technologies India Ltd. joins NVIDIA in manufacturing the Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs. Their Tyrone

Netweb Technologies India Ltd. joins NVIDIA in manufacturing the Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs. Their Tyrone AI systems will offer over ten server variations, targeting diverse AI applications, aligning with Indias tech growth. The collaboration focuses on HPC, data science, language models, edge computing, and supports MakeinIndia goals. Netwebs servers, built on NVIDIAs MGX design, ensure future upgrades for various workloads, praised by Sanjay Lodha for aiding generative AI. NVIDIAs Vishal Dhupar sees this as a costeffective solution for enterprises AI infrastructure needs, contributing to Indias tech ecosystem. This partnership marks a vital step in empowering India and the AsiaPacific in AI innovation. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

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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