Amid the AI giants like Google and Microsoft, stands Amazon with its prolific investment of $2.75 billion in San Francisco’s AI startup, Anthropic. This strategic venture is Amazon’s biggest external contribution since its establishment. In return, Anthropic pledges to use Amazon Web Services as its chief cloud solution, employing AWS’s state-of-art infrastructure for their AI models. With $7.3 billion funding recently, Anthropic is galvanizing investors globally.
Pioneering a new age in software engineering, BT’s Digital Unit collaborates with Amazon Web Services, integrating the GenAI tool, Amazon CodeWhisperer—an AI equivalent to autocorrect for coding, proficient in 15 unique languages. Beyond code suggestion, CodeWhisperer ensures code safety and reliability, filtering out potential vulnerabilities, leading to a 12% automation of routine coding tasks.
Amazon Web Services (AWS) is embarking on a $10 billion data centre project, Project Atlas, set to transform Mississippi’s digital landscape. This mammoth investment, backed by state funding, is expected to provide 1,000 new jobs and boost local infrastructure.
Amazon Web Services (AWS) is set to play a pivotal role in Japan’s artificial intelligence (AI) and cloud strategy, unveiling plans to invest a staggering 2.26 trillion yen ($15.3 billion) by 2027. The focus of this significant investment is the expansion of AWS’s cloud infrastructure in Osaka, aimed at accelerating the development and widespread adoption of AI and machine learning. Additionally, this move aligns with supporting enterprises in their digital transformation (DX) endeavors.
Elliott Investment Management criticizes Crown Castle’s underperformance, pushing for an overhaul, including a new leadership team and board. Boldyn Networks activates a ‘small cell’ near King’s Cross, partnering with EE to boost coverage and speed in London. AWS expands Amazon Bedrock with new generative AI features, including leading models, customization options, and safeguards. Windstream’s Kinetic is launching a $32.5 million fiber project in Georgia, partnering with an electric cooperative, aiming to connect 17,000 homes and businesses in Colquitt County.
IBM and AWS are joining forces to enhance generative AI solutions. IBM Consulting will train 10,000 consultants in AWS generative AI by 2024, offering services like Contact Center Modernization with Amazon Connect. Sinch is partnering with Webex by Cisco to launch Sinch Calling with Webex, an integrated product combining messaging, meetings, and voice capabilities. Ooma is expanding its services to the Asia Pacific region to support IWG’s work solutions, providing phone and unified communications services. Connectbase is expanding data capabilities in The Connected World platform, offering detailed tenancy data for network operators expanding in the UK and Ireland.
Amazon’s sizable investment in one AI provider shakes up AWS’ traditional neutral stance on supporting multiple AI models—a game-changer with implications for large tech players and telecommunication operators. The recent announcement to commit up to $4 billion to Anthropic, a competitive stakeholder in AI, could alter customer experiences and sway preferences towards their Claude AI model. The telecoms industry’s reaction remains crucial as operators navigate the expanding AI revolution.
In a monumental collaboration, Qualcomm and AWS aim to connect vehicles with the cloud, reshaping the future of automotive industry. Through this partnership, they offer auto companies the ability to fine-tune advanced vehicle software through cloud before installation. An integral part of this innovation is the Snapdragon Digital Chassis portfolio, which includes enhanced safety and infotainment systems.
In an innovative move, Ericsson and AWS have joined forces to implement a groundbreaking 5G power machine vision system in Hitachi’s manufacturing plant. This system aims to leverage real-time digital visuals, AI, and edge-to-cloud technologies for superior automated error detection. Beyond the norm, it can inspect 24 assembly components simultaneously with high-resolution cameras pinpointing defects at the sub-millimeter range. Such a venture showcases the potential of combining private 5G, cloud, and AI technologies in revolutionizing product manufacturing, even amidst the current market uncertainties.
Vodafone Germany to cut 1,300 jobs in realignment efforts Vodafone Germany has revealed intentions to cut 1,300 positions in management, double functions, and areas with no direct customer interaction as part of a realignment and return to growth effort. In addition, the operator intends to establish 400 new customer-facing positions, resulting in a total loss of 900 positions. The decision comes on the heels of a 1.8% year-on-year decline in fiscal Q3 service income due to client losses in Germany, which is likely to be a special focus of cost-cutting efforts. Telecom companies such as BT and Orange Business have also recently announced layoffs. Read the full article. Five9 launches AI Summary tool for contact centers Five9, a cloud contact center service provider, has released Five9 Agent Assist 2.0 with AI Summary, driven by OpenAI’s language model technology. The solution produces summary highlights of client call recordings in seconds, decreasing…
