The US government has unveiled plans this week to establish a new institute dedicated to advancing digital twin technology for the semiconductor industry. Through the CHIPS Manufacturing USA initiative, companies are invited to submit proposals to operate this institute, with the selected applicant set to receive up to $285 million in funding.
AT&T has finalized the sale of its cybersecurity division, marking a pivotal moment in the company’s strategic realignment. The division has been transitioned into a new independent entity known as LevelBlue, backed by majority owner WillJam Ventures. This move sees LevelBlue emerge as a standalone managed cybersecurity services business with a global presence spanning 10 countries and boasting a workforce exceeding 1000 employees.
Cummins Inc, a global leader in manufacturing heavy-duty truck engines, has sealed a groundbreaking deal with Verizon Business to introduce cutting-edge wireless networks at its Jamestown Engine Plant (JEP) in Lakewood, NY. The collaboration entails the deployment of Verizon’s innovative Neutral Host Network alongside a Private 5G Network within the premises of JEP, aiming to cater to both public and private connectivity needs.
Reports this week indicate that the Indian government is expected to postpone spectrum allocations for satellite broadband providers by four to six months, awaiting clarity following the ongoing general elections. The Department of Telecommunications (DoT) is reportedly holding off on final decisions until after the election results are announced on June 4.
In a significant development for commuters, the Berlin underground (U-Bahn) has finalized the installation of a 4G mobile network, ensuring high-speed internet access across its entire subway system. The initiative, a collaboration between Germany’s O2 Telefonica and Berliner Verkehrsbetriebe (BVG), marks a milestone achievement after years of planning and execution. Data usage among subway users has skyrocketed, increasing sevenfold since 2019, necessitating improved connectivity underground.
The US government has taken a significant step by revoking specific licenses that allow American chip manufacturers to export goods to Huawei, the Chinese tech giant. This action will notably reduce the sales of major chip producers like Intel and Qualcomm to China.
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.
UK-based autonomous vehicle startup Wayve has announced a significant investment of $1.05 billion aimed at advancing its development of self-driving cars powered by artificial intelligence (AI). The funding round was led by SoftBank, a Japanese multinational conglomerate, with substantial contributions from tech giants Nvidia and Microsoft.
In a strategic move bolstering its presence in broadband access, DZS, a US-based company, has finalized the acquisition of NetComm from Casa Systems for up to $10 million. This acquisition comes on the heels of Casa’s recent divestment of its 5G and cable businesses, marking the conclusion of its restructuring efforts.
Apple is venturing into the realm of artificial intelligence (AI) processing chips for data centers, as reported by the Wall Street Journal. This move positions Apple in direct competition with industry peers like Google and Amazon, which have already heavily invested in AI chip technology.
