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Ooma, Inc., a leading communications platform, has introduced its AirDial® service in Canada, providing a crucial solution for businesses affected by the phase-out of Plain Old Telephone Service (POTS) across the country. The move comes as major Canadian providers like Bell Canada and TELUS are set to decommission their copper networks, marking the rapid decline of POTS nationwide. This “copper sunset” poses challenges for businesses reliant on POTS for critical equipment such as fire alarms, elevators, and building entry systems.

Meta is ambitiously positioning itself to become the world’s top AI company, co-aligned with an increase in AI spending. The tech giant’s latest earnings reveal a climbing revenue and expenses, inciting mixed responses from investors. The landscape of optimistic forecasts and increased capital expenditures seems less rosy weighed against lower than expected Q2 revenue forecasts and significant investments into AI infrastructure. CEO Mark Zuckerberg points to an aggressive AI research expansion being instrumental in the fierce race against competitors OpenAI and Microsoft.

Softbank, the Japanese telecommunications giant, is gearing up to bolster its supercomputing capabilities in a bid to support its ambitious generative AI (GenAI) strategy. As reported by Nikkei, Softbank plans to allocate JPY150 billion ($960 million) over the next two years towards upgrading its computing infrastructure, a significant leap from the JPY20 billion invested last year.