In a bold move, Microsoft has announced a hefty $2.1 billion investment in Spanish AI and Cloud infrastructure, sparking an unparalleled alliance with the Spanish government. The aim is to enhance citizen services, spark AI innovation and bolster national cybersecurity. Beyond the technological edge, this venture could also boost Spain’s GDP by €8.4 billion and generate around 69,000 jobs by 2030.
LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, has expanded its partnership with e-finance, a subsidiary of e-finance Investment Group to deliver secure digital transformation in Egypt. The strategic expansion of the partnership sees the integration of LogRhythm into e-finance’s cloud computing platform. e-finance’s customers across critical industries including fintech, government, and healthcare gain access to LogRhythm SIEM to uncover threats, mitigate attacks, and scale their business with confidence.
Altice Group strategically eyes shedding its 50.1% sharing in XpFibre, triggering a ripple of interest from major players like KKR & Co., Macquarie Group, and others. While KKR & Co, Macquarie Group, and CDPQ are all reported to be keen on acquiring the stake, no financial bids have surfaced to date. Meanwhile, Altice Group’s decision to divest isn’t surprising, given its $60 billion debt, and recent considerations to sell other assets.
Andrew Hollister, LogRhythm’s Chief Information Security Officer, highlights the ongoing struggle in cybersecurity: despite years of talk, the problem remains unsolved. Looking ahead to 2024, he points out challenges like the rise of generative AI and the need for better cloud security. He emphasizes that focusing on basics like strong passwords and regular updates is crucial for staying safe online.
Amazon Web Services (AWS) is set to play a pivotal role in Japan’s artificial intelligence (AI) and cloud strategy, unveiling plans to invest a staggering 2.26 trillion yen ($15.3 billion) by 2027. The focus of this significant investment is the expansion of AWS’s cloud infrastructure in Osaka, aimed at accelerating the development and widespread adoption of AI and machine learning. Additionally, this move aligns with supporting enterprises in their digital transformation (DX) endeavors.
The potential partnership between HPE and Juniper is a strategic move that might redefine HPE’s journey towards high-growth solutions, specifically accentuating its high-margin networking business. The collaboration is timely as the demand for secure, unified tech solutions spirals due to AI and hybrid cloud businesses’ exponential growth. Leveraging on the strength of each company’s portfolio, the alliance aims to revolutionize networking for hybrid cloud and AI, potentially setting a new industry standard and bolstering innovation for enhanced user experiences.
In a recent development reported by Reuters, Hewlett Packard Enterprise (HPE) is reportedly in the final stages of negotiations to acquire Juniper Networks, with the potential deal valued at $13 billion. The completion of the deal is anticipated as early as this week, marking a significant move for HPE into the burgeoning artificial intelligence (AI) market.
Disasters can disrupt businesses and organizations at any time. How can they prepare and ensure continuity of their essential functions? This article explores how VoIP, a flexible and reliable communication technology, can offer various advantages in disaster recovery and business continuity planning.
DIDWW, a leading telecom operator delivering top-tier SIP trunking and SMS services for businesses and telco carriers worldwide, has recently secured their membership of the Pacific Telecommunications Council (PTC). As a global non-profit organization dedicated to advancing information and communications technology (ICT) in the Asia-Pacific region, the PTC has 3,500 representatives from over 40 countries and more than 150 member companies.
ITU announced a 6G framework, advancing global standards with a focus on spectrum bands, capabilities, and use cases. Eutelsat OneWeb and Imperial College are teaming up to transform space weather monitoring. Google launched Gemini AI model with flexibility to process diverse data types. SoftBank acquires 51% of Cubic Telecom, forming a strategic partnership for software-defined connected vehicles.
