Deutsche Telekom, SK Telecom, e&, Singtel, and SoftBank have officially launched a joint venture to advance AI technologies tailored for the telecommunications sector. These industry leaders aim to create Large Language Models (LLMs) specifically designed to enhance customer interactions through digital assistants and chatbots.
Filtronic, a UK-based manufacturer of RF, microwave, and mmWave components, projects substantial growth in both revenue and earnings for its recently concluded financial year, driven by its involvement in the low-Earth orbit (LEO) satellite market and sales to Elon Musk’s SpaceX. The company forecasts an EBITDA of £4.8 million for the year ending May, marking a notable increase from the £1.3 million recorded in fiscal 2023.
Actelis Networks, renowned for its cyber-hardened networking solutions for IoT, has announced a strategic partnership with Carahsoft Technology, a leading provider of IT solutions for government sectors. This collaboration will see Carahsoft distributing Actelis’ hybrid-fiber connectivity solutions to Federal, State, and Local agencies, as well as educational institutions in the U.S. and Canada through its reseller network and specific procurement contracts like NASA SEWP V and OMNIA Partners.
Soracom, Inc., a leading global provider of advanced Internet of Things (IoT) connectivity, has announced its inclusion in the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. This program facilitates collaboration between AWS and its partners offering software solutions that run on or integrate with AWS.
Nvidia and HPE have announced a significant partnership aimed at accelerating the adoption of generative AI among businesses. This new collaboration builds on a decades-long relationship between the two tech giants, promising to streamline AI solutions and integrations for enterprises.
Norwegian telecom giant Telenor has deepened its collaboration with Amazon Web Services (AWS), signaling a shift away from efforts to promote domestic cloud solutions. This move includes the implementation of AWS’s sovereign-by-design solutions in Telenor’s Skygard data centers.
Telefónica Tech and IBM have partnered to leverage the growing interest in AI among businesses. Initially focused on Spain, this collaboration aims to address various digital transformation challenges that companies face, particularly in integrating and maximizing data analytics and AI, including generative AI (GenAI).
UK-based telecom giant Vodafone is poised to divest its 21.5% stake in Indus Towers, according to undisclosed sources cited by Reuters. The company plans to execute the sale through block deals, involving transactions of at least 500,000 shares valued at a minimum of INR100 million ($1.2 million) per trading window.
Stage X, poised to become South Korea’s fourth mobile network operator, is now facing the revocation of its license due to financial discrepancies. The government is reportedly on the verge of pulling the plug on the firm’s spectrum rights, according to Yonhap news agency, which cited a statement from the Ministry of Science and ICT (MSIT).
Indosat Ooredoo Hutchison (Indosat or IOH) and Google Cloud have announced an expansion of their strategic alliance, focusing on transforming Indosat into an AI-driven technology company. This partnership aims to leverage Indosat’s extensive network and data with Google Cloud’s advanced AI tools to enhance services for over 100 million customers and offer AI solutions for businesses across Indonesia.