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Towards diversifying investments, SoftBank has acquired an interest of 51% in Cubic Telecom, a firm that excels in IoT for connected vehicles. Market Watch

SoftBank’s recent €473m acquisition of a 51% stake in Cubic Telecom indicates a growing confidence in connected vehicles’ market. Cubic’s unique software – already utilized in around 17 million vehicles worldwide – allows manufacturers to add new functionality over-the-air, enhancing safety and performance. According to McKinsey & Co, by 2030, 95% of new vehicles are anticipated to be connected, revealing the tremendous potential of this sector.

UK Chancellor Jeremy Hunt underscored the significance of Microsoft's investment, pivotal for expansion and innovation in the tech sector. Market Watch

In a landmark move, UK Chancellor Jeremy Hunt has underscored the significance of Microsoft’s transformative investment, heralding it as pivotal for the continual expansion and innovation within the UK technology sector. The multinational tech giant is set to broaden its data center footprint across the UK, unveiling plans for new facilities in London and Cardiff, with potential future expansion into the North of England. This strategic investment aims to double Microsoft’s existing number of data centers in the UK.

Aiming towards AI proficiency in the professional environments, a comprehensive guidance has been introduced to enhance understanding of AI. AI

A new comprehensive guide has been launched aiming to enhance AI understanding among employees for optimal, safe use, subsequently improving performance. The guide addresses fundamental sectors crucial for handling AI and data securely, also spotlighting the use of advanced AI tools. It further divides the learning model into four distinct ‘personas’ based on the increasing level of AI literacy required.

Ericsson partnered with Concordia, Manitoba, and Waterloo Universities in an initiative aimed at enhancing cybersecurity of the 5G network. Security

In an ambitious collaboration, Ericsson is partnering with Concordia University, the University of Manitoba, and the University of Waterloo to bolster cybersecurity for 5G networks, utilizing AI and automation solutions. Their objective: foreseeing and mitigating network breaches for both current 5G and upcoming 6G networks while navigating increasing network stress and complex security requirements.

Businesses are strategically navigating the evolving landscape of genAI, propelling them into a new era of adaptability and innovation. AI

In the wake of a profound digital transformation, businesses are strategically navigating the evolving landscape of generative artificial intelligence (genAI), propelling them into a new era of adaptability and innovation. The surge in genAI-related job postings, as reported by GlobalData’s Job Analytics Database, reflects a growing commitment among companies to stay relevant and competitive in this dynamic environment.

In a recent development, Ericsson, Vodafone, and Qualcomm Technologies have accomplished a milestone in European network technology. IoT

Ericsson, Vodafone, and Qualcomm Technologies recently pioneered data transmission via RedCap on a European network for the first time, unlocking a more streamlined, efficient mode of connectivity for IoT and other devices. Tested on Vodafone Spain’s 5G platform, the Ericsson’s RedCap technology enhances connectivity potential while providing economic and efficient data transmission. Furthermore, the demonstration introduced a new technology, New Radio Light, for extending battery life of customer devices.

Nokia, an innovative network kit manufacturer, is the newest joiner of the UEC, a recently formed endeavour hosted by the Linux Foundation. AI

Nokia, the renowned network equipment manufacturer, recently joined the Ultra Ethernet Consortium (UEC). Anchored by the Linux Foundation, the UEC fortifies Ethernet technologies to satisfy the escalating requirements of AI and high-performance computing. With members such as AMD, Cisco, and Microsoft, the consortium seeks to equip Ethernet with more advanced networking functions, while maintaining its simplicity and affordability.