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In a strategic move to fortify the European Union’s standing in the global cloud computing sector, the European Commission has greenlit a substantial €1.2 billion state funding injection. The funding is earmarked for the Important Projects of Common European Interest (IPCEI) Next Generation Cloud Infrastructure and Services (IPCEI CIS), a collaborative initiative involving seven member countries: France, Germany, Hungary, Italy, the Netherlands, Poland, and Spain.

The UK government’s recent decision to continue a tax exemption policy marking network gear costs as deductible pre-tax profit boosts established telecom firms like BT, although smaller enterprises might not see similar benefits. This fiscal initiative heavily benefits BT in their £15 billion full-fibre project, increasing their capital spending by £300 million annually, expediting their fibre rollout to 25 million homes by 2026.

The American chipset manufacturer Nvidia is rolling out its EGX platform to bring real-time artificial intelligence (AI) to the edge of the network. Nvidia EGX is an accelerated computing platform, which boasts low-latency AI that enables companies to perceive, understand and act in real time on continuous streaming data between 5G base stations, warehouses, retail stores, factories and beyond. AI computing will occur at the edge of the network, where sensors collect data before it is sent to cloud-connected data centers. This platform is expected to satisfy the increasing demand for AI applications to assist numerous devices streaming continuous raw sensor data and is designed for high-throughput AI at the edge where data is primarily sourced to achieve instantaneous and guaranteed response times while reducing bandwidth to the cloud. According to the company, by 2025, there could be up to 150 billion machine sensors and the Internet of Things (IoT) devices streaming…

China Mobile, one of the largest state-owned telecommunications companies in that country, has designed a water purifying device powered by blockchain, thus making an explicit statement that blockchain technology is not something extraneous and out of this world, but is a beneficial high-tech solution that may be advantageously applied to ordinary household appliances. The Product Market Director at China Mobile IoT, Xiao Yi, stated: “Our goal is to also attract those who are not in the cryptocurrency or blockchain community, who may have heard of this technology but not necessarily understand it. To embrace a more mainstream adoption, we need to turn something that appears professional into something that’s very ordinary.” The Internet of Things (IoT) division within the company has developed a product with a built-in computing chip and an IoT module.  This innovative gadget collects applicable user data related to consumer behaviour habits and shares it…

Singtel has announced a strategic partnership with Hitachi Digital to accelerate industrial AI solutions using Singtel’s Paragon platform. This collaboration focuses on integrating Hitachi’s AI applications with Singtel’s 5G, edge computing, and cloud services. The initiative aims to boost quality assurance, workplace safety, and pre-emptive maintenance, enhancing enterprise connectivity and productivity significantly.

Letta’s recent report underlines the fragmentation faced by the European telecoms sector, with its 27 separate national markets serving a mere average of five million customers. Highlighting the necessity for unification and increased scale for cost-effective innovation, the report aims to strengthen the sector’s competitiveness, fueling new advancements like edge computing and IoT.

Singtel ramps up its maritime digital services by integrating the innovative satellite technology from Starlink. This breakthrough aims to inspire ship operators into adopting digital solutions such as AI, 5G, edge computing, and cloud-based technologies for improved operational efficiency and safety measures. Starlink, a first-of-its-kind low Earth orbit broadband service included in Singtel’s comprehensive iSHIP offerings, offers enhanced connectivity and reduced latency.