Start-up targets driverless truck launch in 2025
Waabi raised $200 million in its latest funding round from backers including the investment arms of Nvidia, Volvo Group, Porsche, Uber and VC company Khosla Ventures, cash set to support the rollout of autonomous trucks sporting its AI technology.
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Nokia continues telco API push with Google tie-up
Nokia positioned a deal to run a network API access platform on Google Cloud as providing the means to speed creation of enterprise and consumer 5G applications, including by enabling developers to use the latter’s generative AI tools.
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TDK claims wearable battery breakthrough
Electronic components manufacturer TDK lauded the development of battery material designed for use in wearable devices, which it stated offers 100-times higher energy density than its conventional product.
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Trade groups press for pro-tech EU security guidelines
Industry groups called for a European Union cloud security certification scheme currently being thrashed out by politicians to not discriminate against services provided by large technology companies based outside of the region.
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United Group sale speculation resurfaces
Southeast Europe-focused media and telecoms player United Group was again the subject of Bloomberg reports on its future ownership, as stc, e& and a pair of private equity companies were claimed to be considering offers.
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Deutsche Telekom ups industry drive with mmWave access
Deutsche Telekom extolled the virtues of 5G over millimeter wave frequencies to support advanced industrial applications, as it commercially launched access to the band for private network customers in its home market.
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Long-term Nokia exec Corker to exit in corporate shake-up
Nokia chief customer experience officer Ricky Corker, who previously led the company’s North America operation, is set to depart the company later this month as part of the vendor’s latest operating model shift.
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Vodafone Spain set to slash staff weeks after buyout
Zegona Communications-owned Vodafone Spain announced plans to cut up to 1,198 jobs less than a month after being acquired by its new parent, a move deemed necessary to guarantee the viability and competitiveness of the business moving forward.
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Nokia pushes industrial private network progress
Nokia revealed the majority of early private network adopters surveyed reported a positive return on investment (RoI) within the first year of deployment, with almost half supporting a greater number of use cases than anticipated.
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Mavenir combines with Nvidia, AWS for genAI play
Network infrastructure software specialist Mavenir unveiled a generative AI platform developed alongside Nvidia and AWS to improve network fault detection for communications service providers.
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