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.
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.
A recent study conducted by Cradlepoint, a subsidiary of Ericsson, shed light on the crucial role of connectivity infrastructure in driving revenue growth for businesses. According to the report, a staggering 98% of technology decision-makers anticipate a revenue increase averaging 19% if they enhance their connectivity systems.
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.
AvaSure, a leader in virtual care solutions for hospitals, has introduced significant upgrades to its analytics portal, empowering healthcare providers with deeper insights into critical metrics. The enhanced AvaSure Analytics™ portal, now integrated with Microsoft PowerBI tools, enables robust analysis of virtual care program performance.
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.
Several major technology companies have joined forces to establish The AI-Enabled ICT Workforce Consortium, aimed at enhancing skills and knowledge among tech professionals facing potential disruption from artificial intelligence (AI). Notable participants include Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP, supported by key industry and labor organizations.
RingCentral, Inc. (NYSE: RNG), a prominent provider of AI-driven cloud business communications, made a significant announcement at Enterprise Connect 2024 in Orlando. The company introduced the latest iteration of its native, AI-powered contact center, RingCX™, highlighting its extensive feature set, expanded global availability, increased adoption rates, and new CRM integrations.
Intermedia Cloud Communications, a renowned provider of cloud communications and collaboration solutions, introduced its latest venture, Intermedia Healthcare Solutions, at the prestigious Enterprise Connect event. This groundbreaking initiative aims to revolutionize healthcare communications and collaboration through the integration of advanced cloud technology and artificial intelligence (AI).
Zoom and Avaya announced a strategic partnership designed to deliver enhanced collaboration experiences to global enterprises. As part of the partnership, Avaya selected Zoom Workplace – Zoom’s AI-powered collaboration platform that will include meetings, team chat, scheduler, whiteboard, spaces, and more – to integrate with Avaya’s Communication & Collaboration Suite, providing customers with a new, streamlined way to manage their communications environments and workflows.
