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Gartner forecasts a huge 20.4% increase in public cloud services expenditure by 2024, hitting an astounding $679 billion. Market Watch

Gartner forecasts a huge 20.4% increase in public cloud services expenditure by 2024, hitting an astounding $679 billion. This surge in spending could be primarily driven by business needs and innovative technologies like generative AI. Interestingly, all cloud market segments Gartner monitors are set to grow, with Infrastructure-as-a-service (IaaS) leading the pack at 26.6%. That said, as the cloud market evolves in response to business outcomes, non-technical issues such as cost, privacy, and sustainability are crucial considerations for an effective GenAI deployment.

Telecommunications industry has battled against theft, a challenge amplified by geographical dispersion of operational assets. Market Watch

In a sharp escalation of theft incidents, Philippines operator Globe reported a loss of 834 backup batteries from their network facilities in 2022’s first half. This, they outline, puts localities at risk of service interruptions during power cuts. This surge may be associated with the modern, high-value sodium nickel batteries introduced by Globe. However, it’s more likely tied to the nation’s steep energy prices and increased cost of living. In the face of these challenges, telco operators must devise robust security measures while continuing to innovate on environmental fronts.

The allure of AI technology and its insatiable demand for data is sparking a new interest in fibre backbones. Market Watch

The allure of AI technology and its insatiable demand for data is sparking a new interest in fibre backbones. However, this digital evolution is revealing a myriad of challenges for newcomers, with the fibre industry grappling with economic pressures from inflation, supply chain disruptions and rising interest rates. While the European Union’s telecom mergers & acquisitions policy may offer consolidation opportunities, those venturing into this dynamic sector must be prepared for a landscape fraught with potent risk and complexity.

Under twelve months ago, a dynamic partnership between mobile chip titan Qualcomm and satellite company Iridium was unveiled. Market Watch

Just under a year ago, the tech world buzzed with anticipation over a new partnership between chip mogul Qualcomm and satellite firm Iridium. The aim? Integrating satellite-to-phone services via Snapdragon Satellite and Iridium’s resources. However, a recent shift in direction caught the industry’s attention. Despite a successful demo, smartphone manufacturers didn’t opt to incorporate this feature, leading Qualcomm to end the agreement. Yet, in the face of disappointment, Iridium remains optimistic, envisaging an industry veering towards greater satellite connectivity. As earthquakes ripple across the telecoms landscape, all eyes await what’s next.

Billed as a revolutionary leap in the application of artificial intelligence (AI), the AI Pin has been introduced to the tech market. Gadgets

Emerging from the tech world, the AI Pin—an innovative, screen-free wearable gadget—incorporates artificial intelligence to facilitate verbal engagement and numerous other unique functionalities. Embedded into a shirt, it provides easy, hands-free access to information and personal communication. It features an unusual ability to support nutritional goals, leveraging computer vision technology to identify various food items. Functioning on the tailored OS, Cosmos, the AI Pin tries to simplify user interaction with AI, by veering away from the conventional method of downloading or launching apps. With no need for smartphone pairing and its claim of not eavesdropping on user’s conversations, it offers a fresh take on consumer technology.

Th Ofcom has embraced its newly bestowed duties embodied in the Online Safety Act and propounded its initial consultation. Security

Under the Online Safety Act, UK’s telecoms regulator Ofcom, gears up to reinforce online safety, focusing on protecting vulnerable users, especially children. Their proposed laws call for tech firms’ accountability, ensuring a thorough content governance to curb harmful material. They seek stakeholder feedback on their initial codes against illegal harms online, marking the end of harmful content and the dawn of user safety.