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Indonesian telecom operator Indosat Ooredoo Hutchison has unveiled impressive financial results for the first quarter of 2024, alongside highlighting strategic partnerships with global tech giants Nvidia, Cisco, and Mastercard. In Q1, Indosat recorded total revenue of $873 million, marking a robust 15.8% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) surged by 22.1%, with an EBITDA margin of 47.0%, while net profit soared by 39.4% to reach $82 million.

AI

Softbank to Invest Heavily in Supercomputing for GenAI Push

By Kamile Bigenyte April 23, 2024

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.

AI

UK Authorities Concerned Over US Tech Giants’ Potential AI Cartel

By Kamile Bigenyte April 15, 2024

The UK Competition and Markets Authority (CMA) has raised alarms regarding the possibility of a collusion among a handful of American tech giants, aiming to manipulate the AI market in their favor. The focus of their worry centers on the control exerted by these companies over the development and commercialization of foundation models (FMs), with Open AI’s GPT being a prominent example.

AI

Navigating GenAI’s Transformation: Balancing Authenticity and Innovation

By Kamile Bigenyte April 10, 2024

The transformative growth of AI is undeniably impressive but raises several concerns. Despite their potential for innovation, GenAI advancements could blur the line between fact and fiction, adding to the challenge of distinguishing authentic information. NTT calls for flexible but robust regulations to manage potential threats to trust and democracy, citing the need for education, copyright updates, and content labelling.

Gadgets

Cisco Announces New Multifunctional Collaboration Devices for Hybrid Work

By Kamile Bigenyte March 26, 2024

At Enterprise Connect, Cisco (NASDAQ: CSCO) today unveiled new purpose-built, multifunctional devices that deliver modernized collaboration experiences to today’s hybrid workforce. The company announced the launch of the Cisco Board Pro G2, an AI-fueled and touch-enabled collaboration device and Cisco Desk Phone 9800 Series, designed to bring a modern and personalized productivity hub to any desk.

News Roundup

A quick roundup of the news in Telecoms | Week #12

By Kamile Bigenyte March 22, 2024

Nokia has enhanced its WaveSuite optical network platform. Companies across various industries are increasing their investment in artificial intelligence. Ericsson launched EFTG to drive 5G advancements in U.S. federal agencies for national digital transformation. NVIDIA’s launch of the GB200 Grace Blackwell Superchip promises to revolutionize generative AI’s efficiency and performance.

Market Watch

Huawei Surges in Chinese AI Scene Amidst US Sanctions

By Kamile Bigenyte January 9, 2024

In the ongoing technological rivalry between the United States and China, Huawei has emerged as a significant beneficiary, particularly in the realm of artificial intelligence (AI). The U.S. government, in its persistent efforts to hinder China’s progress in AI development, has implemented various bans on the sale of certain products from American companies to their Chinese counterparts. The focus of this battle shifted notably to AI over the past year, with China positioning itself as a frontrunner in AI, albeit still relying on U.S. company Nvidia for crucial high-performance chips.

AI

Unveiling AI’s Telecom Dependency: Bridging Capability Gaps

By Kamile Bigenyte January 2, 2024

In the narrative of AI revolution, the telecom sector often remains overshadowed. Juniper’s ‘Top 10 Telco Trends 2024’, highlights how AI dominates even in this crossroads digital landscape. However, a critical question evolves – is our telecom infrastructure ready to steer the AI wave? As we plan to create AI-powered golden era, it’s imperative that our static infrastructures are fit for purpose to manage this data deluge.

Market Watch

Deciphering IDC’s Upbeat Forecast for the Semiconductor Industry

By Kamile Bigenyte November 20, 2023

IDC predicts a promising future for the semiconductor industry, driven by AI advancements and a stock level recovery. With a refreshed outlook signaling sustainable growth, the firm anticipates global chip revenue of $526.5 billion in 2023. Progress can be seen in the revised revenue forecast for 2024, hinting at a 20.2% year-on-year growth to $633 billion.

Gadgets

Unraveling the Impact of Apple’s M3 Chips on CPU Landscape

By Aiste Kryzanovske November 3, 2023

Exploring Apple’s groundbreaking leap in silicon innovation with their latest M3, M3 Pro, and M3 Max products, it’s evident that personal computer processing is being redefined. Promising substantially expedited rendering times and performance enhancements across the board, Apple offers these not as mere upgrades, but as game-changers in the hardware world. Furthermore, these innovations signal noteworthy shifts in the broader landscape of PC CPU chips, traditionally dominated by Intel and AMD, now facing exciting competition. Dive deeper to discover the impact of these changes in the world of technology.