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Following its recent hefty $100 million investment in Anthropic, SK Telecom has shown interest in another AI company called Persona AI.
AI

Navigating SKT’s Investment in AI Contact Center Innovations

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SK Telecom’s recent interest in burgeoning AI companies, especially in the AI Contact Center specialist, Persona AI, is undeniable. The partnership aims to revolutionize customer service through AI technology, reducing wait times and providing 24-hour service. However, challenges remain as AI tries to match the human knack for voice recognition and interpretation. SKT and Persona AI also plan to venture into voice recognition kiosks and voice-activated robots, capitalizing on a rapidly growing market.

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The process of transferring 5G workloads to the public cloud is taking more time than expected due to the sluggish speed.
5G

Navigating 5G Workloads Shift to Public Cloud: A Revised Overview

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Transferring 5G workloads to the public cloud is proving slower than expected, leading financial firm Dell’Oro to adjust its growth predictions for 5G standalone (SA) solutions down. Despite this, a growth rate of 65% over five years is still anticipated. However, the slow adoption of 5G SA by mobile network operators and enterprises has led to a cautious approach. Hyperscale cloud providers look set to hold just 6% of total market revenue in the next five years, underscoring the remaining untapped potential in the 5G SA market.

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Second quarter saw significant growth for cloud infrastructure services. Analysts attribute this to customers' current spending habits.
AI

Embracing AI: The New Growth Frontier for Cloud Services

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The Q2 global market growth for cloud infrastructure services showed a flourishing trend, although at a slightly reduced rate from Q1. The noteworthy strides are largely linked to evolving spending habits, with AI expected to power considerable growth soon. Amazon and Microsoft demonstrate this shift, announcing AI-focused programs in response to the rising demand. Nevertheless, mastering AI implementation comes via strategic partnerships, open to those willing to forward AI applications.

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An all-stock merger agreement between Dish Network and EchoStar has been unveiled, generating a stronger entity in network connectivity.
M&A

Dish and EchoStar Merger: Navigating Financial Stability and 6G Ambitions

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The intriguing merger between Dish Network and EchoStar creates a powerful entity in wireless connectivity, poised to lead in both terrestrial and non-terrestrial realms. Fusing Dish’s comprehensive services with EchoStar’s satellite solutions promises robust connectivity options, utilizing a vast array of technology and expertise. Yet, beyond the marriage of technology, the merger is primarily a tale of economic survival and growth. The incorporation of EchoStar’s financial stability into Dish’s uncertainty may just be the lifeline

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US is introducing US Cyber Trust Mark for smart devices that aims to bolster security standards and protect consumers from potential threats.
Security

US Unveils Cyber Trust Mark for Smart Devices, Elevating Security Standards and Consumer Protection

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The Biden administration is set to launch a groundbreaking initiative today, introducing a new cybersecurity label for smart devices that aims to bolster security standards and protect consumers from potential threats. Federal Communications Commission (FCC) Chair Jessica Rosenworcel revealed the label, called the US Cyber Trust Mark, during a press briefing. The Cyber Trust Mark will signify that devices bearing it meet stringent security criteria based on the National Institute of Standards and Technology (NIST) report.

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Top tech giants, including Amazon, Apple, and Microsoft, have recently been identified by the European Commission under the new Digital Markets Act (DMA) as potential digital 'gatekeepers'.
IT

Navigating the DMA: Impact and Implications for Tech Gatekeepers

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Top tech giants, including Amazon, Apple, and Microsoft, have recently been identified by the European Commission under the new Digital Markets Act (DMA) as potential digital ‘gatekeepers’. These firms, commanding vast economic and influential prowess, now sit waiting during a 45 day review period that could officially brand them as such. Following the conclusion of the evaluation process, each company will need to navigate a six-month transition to achieve full compliance with the DMA directives. These guidelines are aimed at fostering competition and safeguarding both end-user rights and the interests of small scale businesses.

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Microsoft and Salesforce have emerged as leaders in the low-code space for their integration of generative AI.
AI

Microsoft and Salesforce Lead Low-Code Market with Generative AI

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Microsoft and Salesforce have emerged as leaders in the low-code space for their integration of generative AI, according to a report by GlobalData, a prominent data and analytics company. The digital transformation era has fueled the demand for rapid app development and intelligent automation, prompting innovative enterprises to explore the potential of emerging technologies. The “Low-Code Platforms: Competitive Landscape Assessment” report by GlobalData highlights the fiercely competitive nature of the low-code market segment. Microsoft has strengthened its position by combining its Power Automate offering with the new Azure OpenAI service. On the other hand, Salesforce has been consolidating its Salesforce Flow/Automation and Einstein tools, including Einstein GPT CRM tools, within its Data Cloud platform. Charlotte Dunlap, Research Director at GlobalData, acknowledges the rapid entry of global public cloud platform providers such as Google, Microsoft, and Amazon into the low-code market. These companies are launching strategies centered around visualization tools, automation…

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stra, the Australian telecommunications company, has announced a new partnership with SpaceX's Starlink, a Low Earth Orbit (LEO) satellite constellation. The collaboration aims to provide home phone and broadband services to customers in remote areas.
Telecom News

Telstra and SpaceX’s Starlink Join Forces to Expand Connectivity in Remote Areas

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stra, the Australian telecommunications company, has announced a new partnership with SpaceX’s Starlink, a Low Earth Orbit (LEO) satellite constellation. The collaboration aims to provide home phone and broadband services to customers in remote areas. Telstra’s satellite connectivity services will offer expanded options for businesses and consumers who previously had limited access to broadband, potentially bringing them online for the first time.

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