BT is removing Diversity, Equity, and Inclusion (DEI) targets from its managerial bonus scheme, shifting focus to employee engagement. DEI targets previously made up 10% of bonuses for 37,400 managers. Despite the change, BT insists it remains committed to inclusion.
SoftBank is investing $25 billion into OpenAI, launching SB OpenAI in Japan to deliver AI-powered enterprise solutions under the Cristal intelligence brand. Partnering with Arm for scalable AI integration, the venture targets major Japanese corporations.
Google’s investment of $75 billion in AI infrastructure promises to revolutionize the landscape by 2025. CEO Sundar Pichai emphasizes their approach, leveraging global cloud infrastructure to optimize computing power.
BT’s sale of its wholesale and enterprise unit in Ireland to Speed Fibre Group for €22 million marks a significant shift in the Irish telecom market. Transferring BT Communications Ireland Ltd, this acquisition includes domestic network infrastructure and over 400 business clients, excluding multinational services.
BT’s new CEO, Jon James, is set to transform BT Business with a UK-centric strategy. Previously leading Nuuday’s revival, his expertise in European telecom markets will boost BT’s focus.
The UK government is reducing funding for the Shared Rural Network (SRN), cutting planned new mobile masts from 260 to 60. While officials insist connectivity goals remain unchanged, critics worry rural areas will suffer.
The European Telecommunications Standards Institute (ETSI) has formed a new Industry Specification Group to explore 6G, focusing on Multiple Access Techniques (MAT). This initiative will improve transmission efficiency, spectrum utilization, and power efficiency, enhancing wireless networks.
The U.S. Justice Department has filed a lawsuit against the acquisition of Juniper Networks by HPE due to concerns about diminishing competition in the enterprise-level WLAN solutions sector. The department argues that merging these strongholds could lead to higher costs, stifled innovation, and limited options for American businesses.
Telefónica Tech and IBM are joining forces to combat cybersecurity threats from quantum computing. Their partnership aims to develop quantum-safe technologies by integrating IBM’s innovations with Telefónica’s cybersecurity offerings.
Japan’s SoftBank and OpenAI are negotiating a major deal that could position SoftBank as the largest shareholder of the ChatGPT creator, surpassing Microsoft’s current stake. With a potential $15-25 billion investment, SoftBank aims to strengthen its foothold in the AI market.
