In a major regulatory shift, Telstra faces a $1.5 million fine from the Australian Communications and Media Authority (ACMA) due to severe identity verification lapses. This highlights the critical need for strong security measures to counter SIM swap fraud, costing millions annually.
South Korean telecommunications leader SKT is enhancing its position in artificial intelligence with a $200 million investment in Smart Global Holdings. By acquiring a significant stake, SKT strengthens its AI infrastructure capabilities. This strategic move underscores SKT’s commitment to evolving as a global AI powerhouse, integrated with cutting-edge Nvidia GPU technology.
CelcomDigi has launched its AI Experience Center, AiX, in Malaysia to drive digital solutions across various industries. Located in Subang Jaya, AiX offers interactive simulations and showcases real-world applications in sectors like healthcare and logistics. Supported by global tech giants, this initiative underscores Malaysia’s commitment to advancing 5G and AI technologies.
This week, SoftBank announced the acquisition of UK-based AI chipmaker Graphcore, valued around $600 million. Known for its intelligence processing units, Graphcore’s technology competes with Nvidia’s but has faced commercialization challenges. SoftBank aims to rejuvenate Graphcore, leveraging the rising demand for advanced AI compute power.
The new Artificial Intelligence (AI) Act in the European Union heralds a comprehensive regulatory framework for AI development and usage, with major provisions taking effect by August 2024. Central to VoIP technology, the Act categorizes AI systems by risk levels, implementing stringent regulations for high-risk categories, ensuring security and transparency in AI-driven communications.
In an unexpected move, Microsoft and Apple have withdrawn plans to join OpenAI’s board amidst growing scrutiny over AI ethics. This decision underscores the increasing responsibilities AI companies face. Both tech giants remain deeply invested in AI, opting to prioritize their strategic projects and respond to regulatory pressures.
In a recent privacy breach, Telstra revealed that a technical fault exposed the personal details of over 24,000 customers with silent numbers. This incident has raised serious concerns about data security, especially for VoIP users seeking privacy. Telstra is now taking steps to enhance protections and prevent future breaches.
FireTail, a key player in API security, has launched a free version of its enterprise-level tools, aiming to democratize advanced API protection. APIs drive over 80% of internet traffic, increasing cyber attack risks. FireTail’s hybrid approach offers open-source code libraries, cloud features, and real-time protection, ensuring robust API security for all.
AMD’s acquisition of Silo AI for $665 million boosts its AI capabilities and positions the semiconductor giant to better compete with industry leaders like Nvidia. By integrating Europe’s largest private AI lab, AMD aims to deliver cutting-edge AI solutions, enhancing enterprise offerings and leveraging robust VoIP models for improved communication systems.
Fastweb has launched NeXXt AI Factory, introducing Italy’s first DGX SuperPOD AI supercomputer. Located in Bergamo, the facility enhances Italy’s AI landscape, empowering startups, universities, and businesses. Fastweb’s robust computing power and partnerships ensure high-quality AI applications, positioning Italy at the forefront of technological innovation.