Meta reported strong quarterly results with revenue rising 22% to $47.52 billion and net income up 36 percent to $18.3 billion. Growth is driven by AI initiatives, though expenses climbed due to infrastructure and talent costs.
Optus has partnered with Nokia to boost its 5G voice services using Nokia’s Cloud Native Communication Suite. The system will unify 4G and 5G cores on cloud platforms, improve efficiency, and reduce energy use.
Intel is set to spin off its Network and Edge Group (NEX) as part of a strategic optimization to bolster its core focus. This move, aligning with CEO Lip-Bu Tan’s vision, mirrors the successful Altera spin-off, aiming to attract strategic investors and enhance financial stability.
The Department of Energy will establish AI data centers at four federal sites in Idaho, Tennessee, Kentucky and South Carolina. These centers will use existing energy resources and infrastructure to accelerate AI and semiconductor projects.
Tesla and Samsung signed a sixteen and a half billion dollar deal to produce custom AI chips in Texas through 2033. The agreement centers on Tesla’s AI6 chip for autonomous vehicles and robotics, boosting Samsung’s foundry business and advancing US semiconductor goals while strengthening ties between American and Korean industries.
Orange Cyberdefense has acquired Swiss firm ensec to expand its presence in Switzerland, especially in German speaking regions. The deal strengthens its market position, adds 40 experts and over 130 clients, and combines local expertise with global reach to deliver stronger cybersecurity services for businesses and public sector organizations across Europe.
Nokia is rapidly transforming its focus, capitalizing on the AI supercycle to elevate its Network Infrastructure unit above the Mobile Networks division. As demand rises for AI-driven IP and optical solutions, Nokia’s enterprise sales soar, with an impressive 30 private 5G deals secured in one quarter.
Google Cloud drove major growth for Alphabet, reporting a 32 percent revenue jump to 13.6 billion dollars and rising enterprise adoption of its AI services. With billion dollar deals doubling and new offerings like Agentspace on the horizon, Alphabet is deepening its investment in infrastructure.
Vodafone Idea has expanded its 5G network to Jaipur, enhancing connectivity in the Pink City as part of its strategic roll-out across 17 telecom circles in India. This 5G deployment follows upgrades to its 4G network, enabling faster speeds and more reliable connectivity.
Tata Communications and AWS are teaming up to develop an AI-ready network infrastructure connecting Mumbai, Hyderabad, and Chennai. This high-capacity, low-latency network aims to support AI, 5G, and HPC projects.
