Honor gets strong state backing as IPO nears
Chinese smartphone maker Honor benefited from strong state backing as it prepares to launch an IPO, a move designed to improve its appeal to investors, Reuters reported.
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Nokia tech exec backs 5G-A to improve fortunes
Interview: Ari Kynaslahti, head of strategy and technology at Nokia’s Mobile Network division, is confident 5G-Advanced (5G-A) will give the vendor a much-needed financial boost, as he pointed to revenue potential across seven use cases including AI, extended reality (XR) and RedCap.
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Nvidia makes bet in Israeli AI health tech start-up
Nvidia took part in an $80 million funding round for Israel-based Cytoreason, a start-up which uses AI technology to develop models which can detect diseases.
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NGMN spotlights AI to help MNOs meet efficiency goals
Trade body Next Generation Mobile Networks Alliance (NGMN) outlined a roadmap for MNOs and the wider telecoms industry to reduce energy consumption across networks, highlighting the role AI and machine learning (ML) can play to boost efficiency in the sector.
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Quartet make case for telco LLM ahead of JV launch
LIVE FROM DTW 2024, COPENHAGEN: Members of the Global Telco AI Alliance (GTAA) fleshed out details of a JV focussed on developing large language models (LLMs) for telecoms, which officially launches this week.
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Operator giants buoyed by AI-fuelled rejuvenation
LIVE FROM DTW 2024, COPENHAGEN: Technology chiefs from three major operators expressed optimism the industry is at something of a turning point, highlighting the opportunities offered by AI, platforms and convergence.
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TM Forum boss bemoans initial weak returns from genAI
LIVE FROM DTW 2024, COPENHAGEN: Nik Willetts, CEO of the TM Forum (pictured), conceded the returns from generative AI (genAI) for the trade association’s members had been a little disappointing so far, as he outlined some of the key challenges facing the telecoms industry in adopting the technology.
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South Korea set to revoke Stage X licence
South Korea’s Ministry of Science and ICT reportedly plans to revoke the operating licence of Stage X, which was set to become the country’s fourth mobile operator.
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BT takes aim at Vodafone, 3 UK merger
BT Group issued staunch opposition to a proposed tie-up of Vodafone Group and CK Hutchison’s UK operations, arguing the deal raises serious antitrust concerns, will deter investment and ultimately harm its ability to compete.
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Mexican tycoon Slim snaps up £400M stake in BT
Billionaire Carlos Slim has acquired a 3 per cent stake in UK telecoms giant BT Group, joining other high-profile industry shareholders including Altice UK and Germany’s Deutsche Telekom.
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