A bidding war erupted over the fire sale of Casa Systems’ cable business, with CommScope emerging as the surprise victor. The final price tag of $45.1 million far outstripped initial expectations, highlighting the strategic value of Casa’s assets.
Tech giant Microsoft is supercharging Sweden’s leap into the future with a hefty $3.2 billion investment. This two-year commitment will focus on expanding the company’s cloud and artificial intelligence (AI) capabilities within the country.
A consortium comprising two Japanese banks, mobile operator NTT DOCOMO, and Space Compass Corporation has committed $100 million to HAPS developer AALTO. This substantial investment aims to support AALTO’s industrial and commercial roadmap, targeting a commercial launch of its services by 2026.
Last month, AST SpaceMobile secured a partnership with Verizon to leverage its upcoming satellite network for comprehensive connectivity across the U.S. Since then, the company’s value has surged, with its share price climbing 70%, marking its highest level since November 2022.
TPx, a prominent managed services provider in the United States, has unveiled a new Dark Web Monitoring service, powered by Breach Secure Now, aimed at strengthening businesses’ cybersecurity defenses and enabling swift responses to potential threats.
OpenAI has unveiled a deepfake detector specifically designed to identify content generated by its image creator, DALL-E. Initially, this tool will be available to a select group of…
NTT Docomo has initiated Japan’s first experimental demonstration of a self-powered hydropower cellular base station. This project, designed to showcase sustainable and low-cost connectivity solutions for rural areas, features a hydroelectric power-generation system utilizing a jet turbine developed by Professor Yukihiro Shimatani from the Prefectural University of Kumamoto.
Italian company Tessellis has announced plans to acquire Go Internet, aiming to bolster its presence in the business services sector. The deal, initially delayed, has now met all necessary conditions and is set to proceed with Tessellis acquiring over 30% of Go Internet following a Reserved Capital Increase scheduled for the end of the month.
French telecom giant Orange has teamed up with green technology company d.light to bring innovative solar-powered products to its prepaid customers in Africa. California-based d.light specializes in a variety of solar-powered devices such as lamps, torches, fans, and phone chargers, all designed for easy self-installation.
Global revenue from AI semiconductors is projected to reach $71 billion in 2024, marking a 33% increase from the previous year, according to a recent Gartner report. Gartner also anticipates that AI-equipped PCs will constitute 22% of total PC shipments in 2024. By the end of 2026, all enterprise PC purchases are expected to feature AI capabilities.
