The high-level meeting, dubbed the MS CEO Summit 2024, will be held on 14 May 2024 and feature Microsoft’s founder Bill Gates and Chairman and CEO Satya Nadella. They will engage in closed-door discussions with Kyung Kye-hyun of Samsung, Kwak Noh-jung of SK Hynix, Cho Joo-wan of LG Electronics, and Ryu Young-sang of SK Telecom.

Sources for The Korea Economic Daily suggest that Microsoft plans to explore joint ventures in AI technology across various sectors. Discussions with Samsung and SK Hynix will likely centre on the joint development and supply of AI chips.

Samsung and SK Hynix are recognised as being among the world’s leading memory chipmakers and can enhance Microsoft’s server capabilities with next-generation technologies such as High-Bandwidth Memory (HBM) AI chips and solid-state drives (SSDs).

Collaboration topics with LG Electronics will include integrating AI technologies into home appliances, a move that will boost Microsoft’s competitive edge against rivals like Google and Meta. With SK Telecom, Microsoft is expected to delve further into cloud and 5G services.

These meetings are timely, as the global tech landscape sees an increased focus on AI development. By potentially integrating Microsoft’s AI services into products like Samsung’s smartphones and LG’s home appliances, Microsoft could significantly elevate its market standing.

Kyung of Samsung’s Device Solutions indicated last month that their new AI accelerators, Mach-1 and Mach-2, will soon move into mass production. These accelerators are designed to optimise the synergy between GPUs and HBM chips, promising a revolution in processing speeds. Earlier this month, the company unveiled the industry’s first LPDDR5X DRAM which aims to boost on-device AI.

SK Telecom, under CEO Ryu, spearheads the Global Telco AI Alliance (GTAA). This consortium, including major global players like Deutsche Telekom and SingTel, aims to develop AI infrastructure and generative AI services across a customer base exceeding 1.3 billion globally.

Last year, SK Telecom invested $100 million in AI startup Anthropic to develop a large language model (LLM) specifically for telcos. The collaborative endeavour extends to the Telco AI Platform, an ongoing project initiated by the GTAA.

The MS CEO Summit 2024 presents an opportunity for enhanced AI cooperation and technological advancement, securing Microsoft’s position as a pivotal player in the industry.

(Photo by Natalie Pedigo)

See also: Meta raises the bar with open source Llama 3 LLM

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

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Introducing lightweight, industry-specific AI models for individual licence, SAS hopes to equip organisations with readily deployable AI technology to productionise real-world use cases with unparalleled efficiency.

Chandana Gopal, research director, Future of Intelligence, IDC, said: “SAS is evolving its portfolio to meet wider user needs and capture market share with innovative new offerings,

“An area that is ripe for SAS is productising models built on SAS’ core assets, talent and IP from its wealth of experience working with customers to solve industry problems.”

In today’s market, the consumption of models is primarily focused on large language models (LLMs) for generative AI. In reality, LLMs are a very small part of the modelling needs of real-world production deployments of AI and decision making for businesses. With the new offering, SAS is moving beyond LLMs and delivering industry-proven deterministic AI models for industries that span use cases such as fraud detection, supply chain optimization, entity management, document conversation and health care payment integrity and more.

Unlike traditional AI implementations that can be cumbersome and time-consuming, SAS’ industry-specific models are engineered for quick integration, enabling organisations to operationalise trustworthy AI technology and accelerate the realisation of tangible benefits and trusted results.

Expanding market footprint

Organisations are facing pressure to compete effectively and are looking to AI to gain an edge. At the same time, staffing data science teams has never been more challenging due to AI skills shortages. Consequently, businesses are demanding agility in using AI to solve problems and require flexible AI solutions to quickly drive business outcomes. SAS’ easy-to-use, yet powerful models tuned for the enterprise enable organisations to benefit from a half-century of SAS’ leadership across industries.

Delivering industry models as packaged offerings is one outcome of SAS’ commitment of $1 billion to AIpowered industry solutions. As outlined in the May 2023 announcement, the investment in AI builds on SAS’ decades-long focus on providing packaged solutions to address industry challenges in banking, government, health care and more.

Udo Sglavo, VP for AI and Analytics, SAS, said: “Models are the perfect complement to our existing solutions and SAS Viya platform offerings and cater to diverse business needs across various audiences, ensuring that innovation reaches every corner of our ecosystem. 

“By tailoring our approach to understanding specific industry needs, our frameworks empower businesses to flourish in their distinctive Environments.”

Bringing AI to the masses

SAS is democratising AI by offering out-of-the-box, lightweight AI models – making AI accessible regardless of skill set – starting with an AI assistant for warehouse space optimisation. Leveraging technology like large language models, these assistants cater to nontechnical users, translating interactions into optimised workflows seamlessly and aiding in faster planning decisions.

Sgvalo said: “SAS Models provide organisations with flexible, timely and accessible AI that aligns with industry challenges.

“Whether you’re embarking on your AI journey or seeking to accelerate the expansion of AI across your enterprise, SAS offers unparalleled depth and breadth in addressing your business’s unique needs.”

The first SAS Models are expected to be generally available later this year.

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

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As the first major corporate partner of the Fetch.ai Foundation, Deutsche Telekom joins forces with Bosch and Fetch.ai in supporting an open AI and blockchain platform aimed at widespread adoption. Its subsidiary, Deutsche Telekom MMS, will also serve as a validator on the decentralised Fetch.ai network, helping secure transactions on the blockchain.

The core of Fetch.ai’s technology relies on autonomous software agents that can manage resources, conduct transactions, and analyse data flows independently thanks to AI algorithms. These agents unlock a myriad of real-world applications across sectors like automotive, supply chain, healthcare, and digital identity. 

For example, AI agents could optimise production schedules based on supply chain data or match patients to clinical trials using health records. The tamper-proof nature of blockchain also enables secure transmission and access to sensitive data.

“The convergence of blockchain, AI and IoT is trailblazing the digital transformation of entire industries,” said Dirk Röder, Head of Deutsche Telekom’s Web3 Infrastructure & Solutions team. “Autonomous agents will automate industrial services, simplifying processes securely thanks to blockchain.”

As a validator, Deutsche Telekom MMS will ensure network security as more devices, users, and services integrate with the Fetch.ai blockchain. Built on the Cosmos protocol, Fetch.ai operates as a permissionless decentralised network with open-source code that is accessible globally.  

The collaboration demonstrates how blockchain can unlock AI’s potential by providing reliable, transparent data while AI can help securely analyse blockchain transactions. Together, these technologies lay the foundations for a decentralised Web3 internet that empowers user privacy and control.

“This partnership signals real progress in integrating AI and Web3 innovations into the machine economy,” said Fetch.ai CEO Humayun Sheikh.

Deutsche Telekom and Fetch.ai will be working together at one of Europe’s largest AI and IoT hackathons, Bosch Connected Experience, on 28-29 February 2024.

See also: Telcos to spend $20B on AI network orchestration by 2028

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

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The researchers predict the investment growth will be necessary as telcos expand 5G networks globally and develop future 6G networks. The AI software will play a vital role in optimising network performance and security; the two most critical areas expected to account for over 50 percent of operator spending on AI by 2028.

As enterprises make increasing use of cellular connectivity for smart factories, self-driving vehicles, and other bandwidth-intensive applications, the report argues AI orchestration will be essential for telcos to maximise efficiency, reduce costs, and provide the best quality of service.

Automating functions like real-time network analysis and rapid adjustments to changing demands can minimise expenses tied to network operations and provisioning.

“As operators compete on the quality of their networks, AI will be essential to maximising the value of using a cellular network for connectivity,” said Frederick Savage, author of the report.

“High-spending users will gravitate to those networks that can provide the best service conditions.”

Telcos that fail to incorporate AI may ultimately struggle to keep pace with customer demands for performance and security.

A full copy of the report can be found here (paywall)

(Photo by Larisa Birta on Unsplash)

See also: The UK is outpacing the US for AI hiring

Unified Communications is a two-day event taking place in California, London, and Amsterdam that delves into the future of workplace collaboration in a digital world. The comprehensive event is co-located with AI & Big Data Expo, Digital Transformation Week, IoT Tech Expo, Edge Computing Expo, Intelligent Automation, and Cyber Security & Cloud Expo.

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