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In an unprecedented move, China has taken decisive action against personal data breaches, closing a staggering number of cases while also unveiling draft laws to regulate facial recognition technology.
Security

China Cracks Down on Data Breaches and Unveils Facial Recognition Regulations

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In an unprecedented move, China has taken decisive action against personal data breaches, closing a staggering number of cases while also unveiling draft laws to regulate facial recognition technology. Over the past three years, Chinese law enforcement has effectively shut down 36,000 instances of personal data violations, leading to the detention of 64,000 suspects, as per the Ministry of Public Security. These efforts are part of a broader initiative launched in 2020 to govern online activities, resulting in the seizure of more than 30 million SIM cards and 300 million “illegal” internet accounts.

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Five9 has unveiled its plans to acquire Aceyus, a prominent player in advanced data integration and analytics.
CPaaS

Five9 Strengthens CX Platform with Aceyus Acquisition

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Five9, the renowned provider of the Intelligent CX Platform, has unveiled its plans to acquire Aceyus, a prominent player in advanced data integration and analytics. The announcement comes as Five9 continues to bolster its capabilities and expand its market presence in the realm of customer experience solutions. Aceyus is recognized for its comprehensive suite of pre-built integrations, which enable the aggregation of data from various sources.

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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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The Biden Administration’s $2 trillion infrastructure plan harbors a significant investment in US chip production.
Gadgets

US Chip Production Boost Amid Security and Funding Dilemmas

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The Biden Administration’s ambitious $2 trillion infrastructure plan injects considerable capital into US chip production, with the aim of bolstering national security and reducing reliance on foreign manufacturers. Last year, the US produced only 12% of the world’s chips, highlighting a dependency on international manufacturers, primarily in Asia. Intel emerges as a key beneficiary of this investment, declaring over $43.5 billion towards manufacturing units across the US. Yet, for some companies, the journey remains fraught with caution as they await the federal funding.

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In the face of the bleak atmosphere surrounding reduced telco capex, private cellular networking presents a glimmer of hope.
Broadband

Unraveling the Intricacies and Potential of Private Cellular Networking

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Amid declining telco capital expenditures impacting vendor profits, private cellular networking shines as a beacon of hope. Recent research reveals a significant 60% YoY increase in Q2 revenues for private cellular networking equipment, offering new revenue streams for industry giants like Ericsson and Nokia. However, with greater benefits come complex challenges that, if overcome, could potentially catapult the market worth to a substantial $7.7 billion by 2027.

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Rakuten is embarking on a remarkable journey in the field of generative AI by forming an exhaustive partnership with OpenAI.
AI

Rakuten and OpenAI: Reinventing AI Experiences, Billowing Controversies

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Rakuten’s new alliance with OpenAI aims to dissect opportunities in generative AI to enhance various business sectors they serve globally. This partnership promises to expand existing AI experiences in ChatGPT products and foster premium AI conversational possibilities. Yet, some recent whispers suggest a performance drop in GPT-3.5, leading to theories about its overall commercial intent. Will generative AI become a privilege of the financially potent? This question merits careful consideration.

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TribalScale renowned for its exceptional digital products, has unveiled an exciting partnership with Senso AI.
AI

TribalScale Teams Up with Senso AI to Revolutionize Employee Experience

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Leading software development firm, TribalScale, renowned for its exceptional digital products, has unveiled an exciting partnership with Senso AI, a pioneering provider of state-of-the-art AI solutions. This strategic collaboration aims to reshape the employee experience at TribalScale by harnessing Senso AI’s cutting-edge technology to enrich the company’s wiki support.

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In a major industry development, four leading global telecommunications companies have united to create the Global Telco AI Alliance.
AI

Unleashing AI’s Potential: Global Telco Alliance Transformation

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Four powerhouse telecom companies have forged an alliance to harness the potential of Artificial Intelligence (AI), revolutionizing customer experiences and uncovering potential business opportunities. This alliance, brought to life in Seoul, South Korea, promises to co-develop a Telco AI Platform, pioneering new AI services, like digital assistants and super apps. The initiative has been seen as a forward-thinking response to the escalating global interest in AI within the telecommunications industry. Imminent discussions at the Total Telecom Congress will shed more light on this transformational feat.

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