Tech giant Apple has introduced its latest innovation, the Apple Intelligence system, designed to enhance AI capabilities across its operating systems. Unlike creating its own large language model (LLM), Apple Intelligence amalgamates on-device small language models with access to established LLMs, initially partnering with Chat GPT.
Vodafone Germany has introduced DroNet Hub, a new online platform designed to assist businesses in managing their drone operations. This launch coincides with the fifth anniversary of the telecom giant’s adoption of 5G technology.
Swisscom, known for its seamless integration of Swiss precision and innovation, has taken a leap into the realm of artificial intelligence with the launch of its Swiss AI Platform. This modular platform promises to be a one-stop solution for all AI needs, blending the renowned reliability of Swiss infrastructure with cutting-edge technology from Nvidia.
The European Commission has launched a thorough investigation into UAE-based telecom company e&’s acquisition of PPF Group’s telecom operations in Eastern Europe. This move excludes PPF Telecom’s Czech business.
Tollring, a leading developer of analytics software, has introduced its Analytics 365 AI-Powered Recording to the Microsoft Azure and AppSource marketplaces. This new feature enhances the Analytics 365 portfolio, providing comprehensive recording capabilities for Microsoft Teams. The AI-driven tool offers transcription, keyword detection, topic analysis, sentiment evaluation, and outcome analysis, allowing organizations to gain in-depth insights into customer interactions and behavior patterns.
Veon, a telecommunications giant, unveiled ambitious growth plans during its Capital Markets Day, sparking optimism among investors. CEO Kaan Terzioglu emphasized the promising landscape of emerging markets where Veon operates, asserting that the company’s digital transformation has positioned it for substantial growth.
The UK’s Competition and Markets Authority (CMA) is unlikely to demand that dominant cloud service providers Microsoft and AWS break up their businesses or divest assets. However, it is considering several other market interventions to ensure fair competition.
In developed markets, copper telecom networks are rapidly being replaced by more efficient fiber optic cables. Despite this shift, the value of copper is surging in other sectors, particularly in electric vehicles and renewable energy. The metal’s worth has soared over 50% from pre-pandemic levels due to high demand and lower mining outputs, with forecasts suggesting a further 50% increase in demand by 2040.
Swisscom has revealed that its Italian subsidiary, FastWeb, has sold its 4.5% stake in FiberCop to Optics BidCo, a subsidiary of KKR, for €439 million. FiberCop, formed in 2021 by Telecom Italia (TIM), KKR, and FastWeb, manages the ‘last mile’ fibre network, connecting homes to street cabinets.
Cisco has unveiled a $1 billion fund dedicated to investing in AI startups, marking a significant move to strengthen its presence in the AI industry. CEO Chuck Robbins made the announcement at the company’s “Cisco Live” event in Las Vegas, emphasizing that the investment, though modest by AI standards, aims to foster innovative solutions and assist businesses in navigating the AI landscape.
