Google has ramped up its financial support for OpenAI rival Anthropic, investing a further $1 billion in the company looking to take on ChatGPT.
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OpenAI, SoftBank, Oracle, and MGX partner for $500bn AI ‘Stargate Project’
This week, OpenAI has announced the ‘Stargate Project’, a new joint venture set to invest $500 billion into AI infrastructure over the next five years.
AI usage to drive global telco sustainability – report
A new report from Liberty Global and EY has highlighted the role that AI could play in helping the telecoms sector to achieve sustainability milestones over the next decade.
Italy to sign €1.5bn government contract with SpaceX, report suggests
The proposed five-year deal will focus on implementing encrypted government communications, enhancing military operations in the Mediterranean, and providing satellite services for emergency responses to natural disasters or security threats.
Openreach secures £289m in Project Gigabit contracts
The UK government has announced the latest tranche of Project Gigabit funding, with £289 million in contracts being won by Openreach to bring high-speed broadband to some of Britain’s most isolated areas under the ongoing Project Gigabit.
Digital Edge bags $1.6bn in data centre expansion funding
Digital Edge, a developer and operator of data centres cross Asia, has successfully raised over $1.6 billion in new funding. The capital, which includes both equity and debt financing, will fuel the company’s next phase of growth as it works to meet the increasing demand for cloud and AI services across the region.
Rising network bandwidth: 2025 trends and best practices
Network operators should anticipate demand for more and more bandwidth, as network traffic growth shows no sign of slowing down. What’s driving all the bandwidth consumption?
China’s espionage attack on US telcos ‘worst in nation’s history’
A recent espionage attack on US telcos, allegedly linked to the People’s Republic of China. is the “worst telecom hack in our nation’s history – by far”, according to the chairman of the Senate Intelligence Committee Mark Warner.
Amazon doubles Anthropic backing to $8bn in largest ever venture investment
AI company Anthropic and Amazon Web Services (AWS) have announced an expansion of their partnership with a new $4 billion investment from Amazon, bringing its total investment in Anthropic to $8 billion. AWS is now Anthropic’s primary cloud and training partner, supporting the development of advanced AI systems.
KT announces restructuring, cuts jobs
South Korean telco Korea Telecom (KT) has announced a major restructuring programme as part of an increased focus on AI and cloud services.
“We’re the best kept secret in data centre and cloud,” says Nokia at Connected Britain
Interview At this year's Connected Britain, we caught up with Nokia's Head of Cloud Infrastructure Business, Europe, Paul Alexander to discuss how AI is driving investment in the cloud and data centre sectors, how security requirements are evolving, and how regulators...
Submarine cable damage in the Red Sea ‘severely underestimated’
A new report from network service provider RETN says the cable cuts impacted up to 70% of Europe–Asia data traffic – far greater than the 25% previously estimated
Colne, Lancashire to get a broadband boost with new full fibre network from brsk
UK leading full fibre broadband provider, brsk, has announced that work is underway to upgrade connectivity to 11,000 homes and businesses in Colne, Lancashire to world-class infrastructure that will provide symmetrical speeds up to 2Gbps.
Xantaro Group acquires managed services specialist nicos
The Xantaro Group, Europe’s leading solution provider for high-performance networks, IT security solutions and managed services, today announced the integration of the nicos group.
US telcos targeted by Chinese hackers in national security breach
A Chinese hacking group, reportedly connected to the country’s government, has breached several US telcos in recent months, the Wall Street Journal reported on Friday citing sources familiar with the matter.
Vodafone Idea expands Ericsson 5G partnership
News The deal follows a $3.6 billion network equipment deal signed with Samsung, Nokia, and Ericsson just last month This week, Vodafone Idea (Vi) has expanded its partnership with Ericsson by signing new contracts to upgrade its 4G network and introduce 5G services...
Open AI raises $6.6 billion in latest funding round
News The cash injection makes it one of the most valuable private companies in the world OpenAI, the AI company behind tools like ChatGPT, has raised $6.6 billion in a new funding round, with giants such as Nvidia and SoftBank as key investors. The latest...
TIM receives €700m bid for Sparkle
The Italian Ministry of Economy and Finance (MEF) and Retelit, a subsidiary of the Spanish Asterion Infrastructure Fund, has made €700 offer for Sparkle, Telecom Italia’s subsea cable unit, the company has announced this week
Vodafone Germany leans into fibre infrastructure sharing to reach 11m premises
The operator says it will soon be able to offer fibre optic broadband to more than 11 million homes and businesses across the country
T-Mobile hit with yet another fine over data breaches
The Federal Communications Commission (FCC) has fined the operator $31.5 million following a series of data breaches over the past four years
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