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Telecom News | Week #17: Nec launches gen AI, Lumos joint venture, CEA-Leti advancing 6G, Sanas real-time AI, startups impact on tech.
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A quick roundup of the news in Telecoms | Week #17

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NEC launches “NEC cotomi Pro” and “NEC cotomi Light,” advanced gen AI models. Lumos will be acquired by a joint venture of EQT and T-Mobile to expand high-speed internet access. CEA-Leti leads EU projects 6G-DISAC and 6G-GOALS, revolutionizing 6G technology through smart networks. Sanas obtained a patent for its Real-Time Accent Conversion AI Technology, enabling call center agents to adapt accents and reduce background noise. GlobalData’s report highlights how startups are innovating in AI-driven medical diagnostics, IT management, and financial operations.

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To delineate South Korea's ambition hold a spot in the semiconductor industry, Yoon Suk Yeol declared an investment of $6.94 billion in AI.
AI

South Korea’s AI Semiconductor Investment: Global Dominance or Risky Venture?

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President Yoon Suk Yeol recently detailed South Korea’s aggressive moves to establish its supremacy in the global semiconductor sector, including a staggering $6.94 billion commitment to AI by 2027. Amid fierce competition, South Korea’s largest telecom firm, SK Telecom, is paralleling governmental efforts with its own investment in AI firms.

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It has come to light that Amazon is investing a staggering $2.75 billion in the San Francisco-based AI startup, Anthropic.
AI

Amazon’s Strategic Investment in Anthropic: A New Era for AI in Telecommunications

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Amid the AI giants like Google and Microsoft, stands Amazon with its prolific investment of $2.75 billion in San Francisco’s AI startup, Anthropic. This strategic venture is Amazon’s biggest external contribution since its establishment. In return, Anthropic pledges to use Amazon Web Services as its chief cloud solution, employing AWS’s state-of-art infrastructure for their AI models. With $7.3 billion funding recently, Anthropic is galvanizing investors globally.

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Epsilon, a KT Corp. company and global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer.
Market Watch

Epsilon Telecommunications Appoints Damon Lee as Group Chief Executive Officer

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Epsilon Telecommunications (Epsilon), a KT Corp. company and leading global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer. Lee joins Epsilon with over 27 years of experience in the telecommunications and technology sectors, most recently serving as Vice President in KT’s Enterprise Business. He will lead Epsilon’s senior executive team with a focus on optimising the company’s business strategy and global growth.

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Telecom News | Week #5: Stage X wins MNO spot, Yellow.ai and Infobip partnership, Breezeline fiber expansion, Nokia and DARPA moon base.
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A quick roundup of the news in Telecoms | Week #5

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Stage X won South Korea’s fourth mobile operator spot with a $322 million bid for 5G spectrum. Yellow.ai and Infobip have partnered to enhance global customer support through AI-driven voice automation and conversational experiences.
Breezeline invests in a 525-mile fiber network to boost internet for 45,000 homes and businesses in New Hampshire. DARPA, in partnership with Nokia’s Bell Labs and others, aims to develop a sustainable Moon base with a robust telecom network to support future Mars expeditions.

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Telecom News | Week #3: DTST merges subsidiaries, Samsung Galaxy on-device AI, DoCoMo AI-powered Metaverse, South Korea semiconductor plan.
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A quick roundup of the news in Telecoms | Week #3

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DTST successfully merges Flagship Solutions Group and CloudFirst. Senior Technology Analyst Anisha Bhatia underscores the game-changing impact of Samsung’s Galaxy S24 series. NTT DoCoMo utilizes AI to generate diverse NPCs in metaverses, extends genAI initiatives to predict and visualize changes in the human brain. South Korean President Yoon Suk-yeol unveils a $471 billion initiative by 2047 to establish the world’s largest semiconductor cluster.

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SK Telecom embarked on a fascinating project this week, announcing a memorandum of understanding (MoU) with Mars Auto.
Market Watch

5G and AI Steer Autonomous Trucking: Scrutinizing SK Telecom’s Endeavor

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SK Telecom’s collaboration with AI pioneer Mars Auto, brings forth a compelling vision for autonomous trucking, leveraging SKT’s 5G prowess and Mars Auto’s AI system. With Mars Auto’s AI armed with extensive roadway data from SKT, there’s a promise of safer, more efficient self-driving services. SKT’s continued strides in telecom, signified by the company’s alliance with Deutsche Telekom and massive investment in AI firm Anthropic, show signs of transformative potential for the telecom sector.

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Luxembourg's Prime Minister and SK Telecom have inked an agreement, initiating a collaboration to advance the quantum tech ecosystem.
Telecom News

SK Telecom’s Quantum Tech Expansion to Luxembourg

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Luxembourg’s Prime Minister and SK Telecom have inked an agreement, initiating a strategic collaboration to advance the quantum tech ecosystem. Connexion between this MoU and an earlier South Korean – Luxembourg agreement hints towards a momentous ‘quantum Internet of Things’. Meanwhile, telecom operators globally look to leverage quantum technology’s disruptive potential towards traditional data security protocols. SK Telecom, recognized for its pioneering quantum work, also boosts its pursuit in the AI realm, underlined by a significant investment in AI firms.

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