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Meta underlined an ambitious plan to become "the leading AI company in the world" accompanied by an upswing in spending on AI.
AI

Navigating Meta’s Ambitious AI Roadmap Amid Investor Concerns

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Meta is ambitiously positioning itself to become the world’s top AI company, co-aligned with an increase in AI spending. The tech giant’s latest earnings reveal a climbing revenue and expenses, inciting mixed responses from investors. The landscape of optimistic forecasts and increased capital expenditures seems less rosy weighed against lower than expected Q2 revenue forecasts and significant investments into AI infrastructure. CEO Mark Zuckerberg points to an aggressive AI research expansion being instrumental in the fierce race against competitors OpenAI and Microsoft.

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Customer service quality in the UK seems to be on the decline, as customer dissatisfaction with automated systems, such as chatbots, rises.
Telco Buzz

Unmasking UK’s Shrinking Customer Service Quality Amid AI Hype

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Evidence reveals rising customer dissatisfaction with automated systems in UK businesses, according to a study by Cavell. Chatbots and similar technologies appear to fail in meeting customer service expectations, with 44% of respondents noting a quality slip in service over the past three years. Many UK adults still prefer human assistance in resolving issues, revealing a persistent demand for more personalised, efficient support mechanisms.

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Fujitsu Limited and Oracle joined forces to introduce innovative cloud and AI capabilities tailored to the digital sovereignty needs.
Market Watch

Fujitsu and Oracle Collaborate on Sovereign Cloud and AI Solutions

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Fujitsu Limited and Oracle have joined forces to introduce innovative cloud and AI capabilities tailored to the digital sovereignty needs of Japanese enterprises and government agencies. This collaboration focuses on leveraging Oracle Alloy to enhance Fujitsu’s Hybrid IT offerings, particularly its Fujitsu Uvance platform designed to assist clients in business growth and societal problem-solving.

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The UK CMA raised alarms regarding the possibility of a collusion among American tech giants, aiming to manipulate the AI market.
AI

UK Authorities Concerned Over US Tech Giants’ Potential AI Cartel

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The UK Competition and Markets Authority (CMA) has raised alarms regarding the possibility of a collusion among a handful of American tech giants, aiming to manipulate the AI market in their favor. The focus of their worry centers on the control exerted by these companies over the development and commercialization of foundation models (FMs), with Open AI’s GPT being a prominent example.

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To delineate South Korea's ambition hold a spot in the semiconductor industry, Yoon Suk Yeol declared an investment of $6.94 billion in AI.
AI

South Korea’s AI Semiconductor Investment: Global Dominance or Risky Venture?

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President Yoon Suk Yeol recently detailed South Korea’s aggressive moves to establish its supremacy in the global semiconductor sector, including a staggering $6.94 billion commitment to AI by 2027. Amid fierce competition, South Korea’s largest telecom firm, SK Telecom, is paralleling governmental efforts with its own investment in AI firms.

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To accelerate AI adoption across its network, Orange teamed up with Google to deploy AI solutions closer to its operations and customers.
AI

Orange and Google Cloud to Enhance AI Capabilities at the Edge

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In a strategic move to accelerate artificial intelligence (AI) adoption across its vast network, Orange has teamed up with Google Cloud to deploy AI solutions closer to its operations and customers. The collaboration, announced at Google’s Cloud Next ’24 event in Las Vegas, aims to leverage Google Distributed Cloud (GDC), a fully managed hardware and software solution.

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A project has been launched to craft Microsoft AI London, a hub dedicated to pushing the limits of AI research and development on UK soil.
AI

Unveiling Microsoft AI London: A Pivotal Step in UK’s Tech Evolution

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Microsoft embarks on an ambitious project, unveiling Microsoft AI London – a hub focused on advancing AI research and development. Helmed by AI scientist Jordan Hoffman, the hub will concentrate on building innovative language models and key infrastructure. Further enriching the UK’s AI ecosystem, the project aligns with Microsoft’s substantial investment strategy advancing the UK workforce towards the AI era.

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