B2B, short for Business-to-Business, describes commerce transactions between businesses, rather than between businesses and consumers (B2C). It encompasses the exchange of goods, services, or information between companies to support their operations or to resell to their customers. B2B interactions often involve larger volumes of products or services and may include negotiations, contracts, and customized solutions tailored to meet the specific needs of business clients. This business model focuses on providing value to other businesses, fostering long-term relationships, and driving mutual growth and success in the marketplace.
Meta AI is Rolling Out in Europe
The tech giant Meta revealed this week that its conversational AI tool will be deployed across 41 European countries, including those in the European Union, as well as 21 overseas territories – marking their largest global expansion of Meta AI to date.