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In the ongoing technological rivalry between US and China, Huawei emerged as a significant beneficiary, particularly in the realm of AI. Market Watch

In the ongoing technological rivalry between the United States and China, Huawei has emerged as a significant beneficiary, particularly in the realm of artificial intelligence (AI). The U.S. government, in its persistent efforts to hinder China’s progress in AI development, has implemented various bans on the sale of certain products from American companies to their Chinese counterparts. The focus of this battle shifted notably to AI over the past year, with China positioning itself as a frontrunner in AI, albeit still relying on U.S. company Nvidia for crucial high-performance chips.

Hyundai Motor and Kia are revolutionizing the amalgamation of mobility and living spaces by proposing consolidation of home and car services. Market Watch

Hyundai Motor and Kia are revolutionizing the amalgamation of mobility and living spaces by proposing the consolidation of home and car services. Assisting in this groundbreaking initiative is Samsung Electronics, providing the potential to transform our relationship between home and car via ‘Car-to-Home’ and ‘Home-to-Car’ services. This change promises remote control over various appliances through voice commands, as well as the ability to monitor and manipulate vehicle functions from home.

To gain a foothold in India's expanding telecoms market, Elon Musk's Starlink is reportedly considering a stake in Vodafone Idea (Vi). Market Watch

In a strategic move to gain a foothold in India’s expanding telecommunications market, Elon Musk’s satellite communications constellation, Starlink, is reportedly considering a stake in Vodafone Idea (Vi). As of 2024, Starlink boasts a constellation of over 5,500 low Earth orbit (LEO) satellites, providing commercial services in more than 60 countries to approximately 1.5 million subscribers.

In the telecom landscapes of Portugal, a notable development has transpired concerning Altice Portugal, operating under the brand name Meo. Market Watch

The fate of Altice Portugal, a leading player in Portugal’s telecom industry, is trending thanks to its substantial market stronghold. Now on the sales block, its potential buyers include Saudi Telecom Company amongst others. Its divestment strategy is part of a broader aim to alleviate the significant debt of Altice Group. However, recent scandals encircling Altice’s co-founder have added layers of complexity to the unfolding story.