As the interest in AI accelerates globally, a resurgence is noticed in a related sector: data center investment. AI-integrated solutions demand higher processing capability, marking data centers as attractive long-term investments. Recently, a $7 billion data center joint venture was announced by Blackstone and Digital Realty, promising additional data centers and enhanced IT capacity.
In a recent surge of developments within the data center industry, Microsoft has taken the lead with its commitment to invest a staggering £2.5 billion in expanding artificial intelligence (AI) data center infrastructure in the UK. This landmark investment comes amidst a thriving year for the sector, showcasing a 13% estimated growth compared to the previous year, according to Synergy Research Group.
In a strategic move to cater to the evolving needs of businesses, Zoom Video Communications, Inc. (NASDAQ: ZM) has announced a series of enhancements to its AI-powered customer experience (CX) suite. The company, known for its widely used video conferencing platform, is expanding its reach into the contact center space.
NEC Corporation of America (NEC) has unveiled the UNIVERGE BLUE AI Assistant, a revolutionary productivity tool powered by the advanced UNIVERGE BLUE PULSE artificial intelligence (AI). This latest addition to the UNIVERGE BLUE CLOUD SERVICES lineup leverages cutting-edge AI technology to elevate intelligence, efficiency, and customer care within NEC’s intelligent communications platform.
In a landmark move, UK Chancellor Jeremy Hunt has underscored the significance of Microsoft’s transformative investment, heralding it as pivotal for the continual expansion and innovation within the UK technology sector. The multinational tech giant is set to broaden its data center footprint across the UK, unveiling plans for new facilities in London and Cardiff, with potential future expansion into the North of England. This strategic investment aims to double Microsoft’s existing number of data centers in the UK.
In a significant move towards advancing 5G network capabilities, Telenor and Ericsson have officially entered a three-year Memorandum of Understanding (MoU). The collaboration aims to pioneer research, development, and testing of Artificial Intelligence (AI) and Machine Learning (ML) solutions, with a primary focus on enhancing energy performance without compromising network quality.
A new comprehensive guide has been launched aiming to enhance AI understanding among employees for optimal, safe use, subsequently improving performance. The guide addresses fundamental sectors crucial for handling AI and data securely, also spotlighting the use of advanced AI tools. It further divides the learning model into four distinct ‘personas’ based on the increasing level of AI literacy required.
In the wake of a profound digital transformation, businesses are strategically navigating the evolving landscape of generative artificial intelligence (genAI), propelling them into a new era of adaptability and innovation. The surge in genAI-related job postings, as reported by GlobalData’s Job Analytics Database, reflects a growing commitment among companies to stay relevant and competitive in this dynamic environment.
Nokia, the renowned network equipment manufacturer, recently joined the Ultra Ethernet Consortium (UEC). Anchored by the Linux Foundation, the UEC fortifies Ethernet technologies to satisfy the escalating requirements of AI and high-performance computing. With members such as AMD, Cisco, and Microsoft, the consortium seeks to equip Ethernet with more advanced networking functions, while maintaining its simplicity and affordability.
IDC predicts a promising future for the semiconductor industry, driven by AI advancements and a stock level recovery. With a refreshed outlook signaling sustainable growth, the firm anticipates global chip revenue of $526.5 billion in 2023. Progress can be seen in the revised revenue forecast for 2024, hinting at a 20.2% year-on-year growth to $633 billion.
