Microsoft to forge AI partnerships with South Korean tech leaders

Microsoft is set to host top executives from South Korea’s leading technology firms next month to strengthen its AI partnerships.

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...

22 April 2024 | Artificial Intelligence

SAS aims to make AI accessible regardless of skill set with packaged AI models

SAS, a specialist in data and AI solutions, has unveiled what it describes as a “game-changing approach” for organisations to tackle business challenges head-on.

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...

17 April 2024 | Applications

Fetch.ai and Deutsche Telekom partner to converge AI and blockchain

Deutsche Telekom has announced a collaboration with UK-based AI startup Fetch.ai to promote cutting-edge AI and blockchain solutions. 

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...

13 February 2024 | Applications

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

Telecom companies are expected to increase their spending on AI for automating network management to $20 billion by 2028, a new report from Juniper Research found. This would represent a 240 percent rise from estimated spending levels in 2024 of $6 billion.

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...

12 February 2024 | Artificial Intelligence