Verizon raised its full year earnings forecast after strong service revenue and broadband growth in Q2. Despite losing wireless subscribers, gains in fixed broadband and wireless access helped offset declines.
The United Kingdom is set to supercharge its computing capabilities with a target of 6 gigawatts of AI-capable data center capacity by 2030. The ambitious Compute Roadmap aims to redefine current infrastructures, heavily focused on general workloads, to support cutting-edge AI applications.
Meta is pioneering sustainable construction with an AI-optimized concrete, developed in collaboration with Amrize and the University of Illinois. This innovative blend, used in their Minnesota data centers, reduces carbon emissions while meeting structural needs.
Telia is leaving the Latvian market to focus on Swedish growth, selling its shares in Tet and LMT while bidding over $300 million for Bredband2. The company posted stronger earnings due to major cost cuts and asset sales.
Reliance Jio’s impressive achievement of 213 million 5G subscribers by June signifies the telecom giant’s strong presence in the competitive 5G market. Jio’s cloud-native 5G stack has accelerated this growth, paving the way for international expansion.
Ofcom is cracking down on scam calls that fake UK mobile numbers to deceive people. New rules aim to block spoofed calls from abroad, protecting users from fraud. Despite progress, scammers persist, so experts urge individuals to use call-blocking tools and stay alert to unknown numbers.
Pennsylvania emerges as a key player in AI and energy sectors with over $90 billion in investments. The focus on data centers, energy infrastructure, and AI workforce training promises extensive job opportunities.
Nvidia is facing a significant challenge as it informs Chinese clients about the shortage of H20 chips, a crucial AI processor. This arises due to U.S. government delays in export licenses amidst trade tensions and restrictions.
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Ofcom has cut mobile spectrum fees by 26% in key bands, saving operators around £60 million annually. Its latest Mobile Matters report shows 5G now makes up 28% of connections, with EE leading in 5G users and Three offering top speeds.
