Tech

Apple May Look to China for Suppliers After a Fire at the Indian Tata Plant.

Published

2 days ago

2024-10-01

(VOR News) – The manufacture of Apple iPhone components at a plant in southern India that is controlled by the Tata Group may be halted due to substantial damage caused by a fire, according to a source and an industry analyst.

This might occur before the holiday season, when sales are expected to increase. Under these circumstances, the American company’s suppliers would be compelled to make arrangements for the transportation of essential components from China or another location.

Both Foxconn, the nation’s contract manufacturer, and its own iPhone assembly, which takes place at another site, rely on the Tata factory in Hosur, Tamil Nadu, for the production of iPhone back panels and other components.

Due to the fire that broke out over the weekend, production at the facility has been placed on pause for an indeterminate period of time currently.

According to Counterpoint Research, which is based in Hong Kong, the company anticipates that 1.5 million iPhone 14 and 15 models would be sold locally during the Indian festival season, which begins at the end of October and continues until the beginning of November.

The fire leaves Apple unable to meet fifteen percent of market demand.

It is anticipated that the impact on India’s production of earlier iterations of the iPhone will range between ten and fifteen percent.

The co-founder of Counterpoint, a business that has been monitoring Apple’s shipments overseas for years, Neil Shah, hypothesizes that Apple could be able to mitigate the effects of this conclusion by increasing the amount of electronic components it imports and shifting a greater proportion of its export inventory to India.

According to data that is available to the public from customs, Tata, which is one of the most prominent firms in India, supplied iPhones to China, the Netherlands, and the United States for a total value of more than $250 million during the year that ended on August 31. Moreover, this was in addition to the sales of iPhones in India.

According to Counterpoint, Apple suppliers typically maintain a stock of rear panels for a period of time ranging from three to four weeks.

According to an industry insider who has extensive knowledge of the matter, Apple would most likely hold its shares for a period of eight weeks, which would delay any potential immediate effects caused by the scenario.

According to their assertions, the American corporation may create a second assembly line in China or prolong its shifts there in order to supply components to the Indian iPhone manufacturers in the event that the production slowdown continues.

The efforts of Prime Minister Narendra Modi to persuade foreign investors to “Make in India,” particularly in the electronics industry, have been impeded by widespread delays in the supply chain.

Despite Apple’s efforts to extend its business outside of China, two of Apple’s suppliers, Foxlink and Pegatron, were compelled to temporarily suspend their activity in India due to separate fire events that occurred in the previous year.

These Apple fires happened in India. Following an investigation.

The authorities found that a significant amount of fire safety equipment at Foxlink’s location was not functioning properly. Both Wistron and Foxconn, two contractors, have experienced analogous repercussions as a result of labour unrest in recent times.

The vice president of Cybermedia Research, Prabhu Ram, has stated that “these are temporary setbacks.” “Continued efforts to improve safety and operational standards are crucial for strengthening India’s position as an emerging global electronics manufacturing hub.”

Despite the fact that Tata is one of Apple’s most recent Indian suppliers, analysts anticipate that India will supply twenty to twenty-five percent of all iPhones that are shipped around the world this year.

This represents an increase when compared to the 12–14% that was reported the previous year by the department.

The plant that caught fire was responsible for the employment of twenty thousand individuals in total. There is a lack of clarity over whether or not the incident will result in a delay in the manufacture of finished iPhones, which was supposed to start later this year at a separate facility located within the same Tata plant.

SOURCE: TET

Tech

Accenture and NVIDIA Collaborate to Enhance AI Implementation.

Published

12 hours ago

2024-10-03

Salman Ahmad

(VOR News) – Accenture and NVIDIA are working together more closely in order to fulfill their shared goal of hastening the global adoption of generative artificial intelligence (AI) solutions by enterprises.

This is what’s being done to make this happen. Accenture and NVIDIA have signed a contract for Accenture to teach 30,000 workers of the latter company.

This aligns with our objectives. Customers’ acceptance of the new artificial intelligence technologies and their scalability will be made easier with the help of these reps.

Accenture’s AI Refinery will be available to organizations starting yesterday.

Which utilizes NVIDIA’s entire AI stack, to help them get started on their “custom” agentic AI journey. The statement made mention of this. Businesses will receive assistance so they may get started on their trip.

Businesses can now choose to create unique models that can be updated to match the particular needs of their operations and trained using data from their own companies.

This constitutes a noteworthy progression in the domain of artificial intelligence. Businesses were given access to the refinery in July, and it gives them the chance to build these models.

The term “traditional” artificial intelligence has been expanded to encompass more sophisticated agentic artificial intelligence.

They may build workflows based on a user’s objective, and they can modify their actions based on the environment they are operating in. This allows them to accomplish their objectives.

Julie Sweet, executive vice president and chief executive officer of Accenture, stated, “Accenture AI Refinery will create opportunities for companies to reimagine their processes and operations, discover new ways of working, and scale AI solutions across the enterprise.”

“These opportunities will allow companies to scale AI solutions across the enterprise.” “These opportunities will help drive continuous change and create value for the organization.”

During fiscal year 2024, the multinational professional services company successfully secured new bookings for generative artificial intelligence, totaling three billion dollars. Around the same time, more businesses began implementing artificial intelligence-related technologies, which led to NVIDIA’s revenue hitting an all-time high.

In August, Jensen Huang, the founder and CEO of NVIDIA, made the following declaration: “A new computing era has begun.” Globally, companies are beginning to place more emphasis on fast computing and generative artificial intelligence than on general-purpose computers.

The Accenture rate at which this transition is happening is rising.

Using technology that combines artificial intelligence-infused software and automated procedures

Additionally, Accenture declared that a brand-new Nvidia NIM Agent Blueprint would soon be available for purchase. Manufacturing companies will be able to create robot-run buildings and factories with the aid of this blueprint. It is possible to model factory production processes with this blueprint.

The business states that it would adopt the blueprint at its own automation company, Eclipse Automation, in order to accomplish its ambition of developing designs at a rate up to fifty percent quicker than those currently being developed. This would allow the business to achieve its goal.

Furthermore, Accenture is planning to open new offices in Singapore, London, Tokyo, Malaga, and Tokyo to support the growth of its network of engineering hubs for the Artificial Intelligence Refinery.

This will be carried out to facilitate network expansion. These recently built hubs will be put to use in the process of building foundation models that can learn to become more precise and scalable.

Accenture has opened a new lab in Dublin dedicated to the advancement of generative artificial intelligence. In February of this year, the laboratory was established.

One of the components of the consulting firm’s three billion dollar artificial intelligence investment the previous year was the studio. The prior year’s investment was made.

SOURCE: SP

Tech

Meta has started the Facebook Content Monetization Program.

Published

12 hours ago

2024-10-03

Salman Ahmad

(VOR News) – With the launch of its new monetization approach, Meta hopes to streamline existing revenue streams for content creators on its platform while simultaneously increasing new ones.

On October 2, 2024, the Facebook Content Monetization pilot experiment was revealed. This experimental project unifies three distinct monetization projects that are now underway into a single, more straightforward structure.

Facebook’s parent company, Meta, announced that the new model will combine performance bonuses, in-stream advertisements, and ads on reels into a unified income structure. With this unification, authors will find it simpler to monetize a wide range of content types, including written articles, lengthy videos, reels, and images, among others.

Facebook has been working to support platform content creators, and this announcement is part of that work. According to Meta, over four million content producers have been able to make money on Facebook since the platform’s launch of Facebook-funded monetization in 2017.

Notable Increase in the Amount Paid to Authors

According to the website Meta, Facebook paid content providers more than two billion dollars for the uploading of text, images, and videos during the course of the previous year.

Over this era, there has been a significant increase in rewards for reels and short films—a boost of more than 80 percent.

Simplifying the Techniques Applied in the Monetization Process

One of the biggest problems facing content providers is intended to be addressed by the recently launched Facebook Content Monetization initiative. Prior to this, there were differences in the enrollment processes, eligibility requirements, and availability of various monetization programs.

Because of the complexities of the scenario, some creators were not able to take advantage of opportunities or were not eligible to receive compensation in all formats.

Based on Meta’s data, only approximately one-third of Facebook producers who make money do so through many Facebook-financed initiatives. The recently combined program aims to expand earning opportunities and streamline processes in order to accomplish this goal.

The New Meta Program’s Operation of

Content creators will just need to register for one program in the Facebook Content Monetization beta phase in order to monetize various kinds of content. Performance monitoring across a variety of content categories will be possible with the program’s help thanks to its uniform collection of insights.

It has been brought to Meta’s notice that the new program’s compensation structure is the same as the current performance-based approaches used for Performance Bonus, In-Stream Ads, and Reels Ads. Still, the extent to which well-performing content qualifies will influence revenues.

Procedures for Launch and Qualification

Only individuals who have been invited may participate in the beta program’s initial stages. One million creators who have already made money on Facebook are being invited by Meta. Facebook provides revenue for these producers. In addition, the business intends to keep extending invitations for the upcoming months.

Although the program won’t be accessible to the general public until 2025, Meta is giving developers the chance to indicate that they would like to be invited to the program’s beta version ahead of time. Creators who would like to participate can express their interest and get more details by visiting the Facebook for Creators website.

Consequences for Current Programs

Meta claims that the Facebook Content Monetization scheme will soon take the place of the current Ads on Reels, In-Stream Ads, and Performance Bonus programs.

The forecasts state that this change is anticipated to occur in 2025. Creators who have been asked to join the new initiative have the option to withdraw from it during its beta period.

Acceptability of the information.

Profits could be made from any public words, images, reels, and videos that comply with the new system’s regulations. Creators and the content they generate must abide by Meta’s rules in order to be eligible for monetization; these rules include following Facebook’s Partner Monetization guidelines and the Monetization Policies.

For artists, the opportunities are great.

One important step Meta has done to support content creators on its network is the launch of Facebook Content Monetization. Facebook hopes to draw and keep a diverse range of content creators by streamlining the monetization process and boosting revenue opportunities across various content formats.

SOURCE: ARY

Tech

Toyota Boosts Its Investment In Air Taxi Company Joby Aviation By Another $500 Million

Published

2 days ago

2024-10-02

Kiara Grace

Toyota is spending an additional $500 million on Joby Aviation as part of a collaboration to assist the American air taxi operator launch its commercial operations.

Toyota’s investment will help the certification and production of Joby’s electric air taxi, the firms announced Wednesday, bringing Toyota Motor Corporation’s total investment in Joby to $894 million. Toyota will possess around 22% of Joby’s outstanding shares following the investment, which will be made in two equal tranches later this year and next year.

Toyota Boosts Its Investment In Air Taxi Company Joby Aviation By Another $500 Million

“Today’s investment builds on nearly seven years of collaboration between our companies,” said Joe Ben Bevirt, founder and CEO of Joby Aviation. “The knowledge and support shared by Toyota has been instrumental in Joby’s success and we look forward to deepening our relationship as we deliver on our shared vision for the future of air travel.”

Joby said it recently rolled off the production line with its third aircraft and that the fourth of five certifications was underway in August.

Toyota has invested time and human resources in sharing its design and manufacturing technologies, in addition to the cash. The Japanese manufacturer stated that its engineers are working with Joby’s staff at its California headquarters.