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...

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...

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...

Amdocs, NVIDIA and Microsoft Azure build custom LLMs for telcos

Amdocs has partnered with NVIDIA and Microsoft Azure to build custom Large Language Models (LLMs) for the $1.7 trillion global telecoms industry.

Leveraging the power of NVIDIA's AI foundry service on Microsoft Azure, Amdocs aims to meet the escalating demand for data processing and analysis in the telecoms sector.

The telecoms industry processes hundreds of petabytes of data daily. With the anticipation of global data transactions surpassing 180 zettabytes by 2025,...

Deutsche Telekom and SK Telecom partner on telco-focused LLM

SK Telecom and Deutsche Telekom have officially inked a Letter of Intent (LOI) to collaborate on developing a specialised LLM (Large Language Model) tailored for telecommunication companies.

This momentous agreement – signed in a ceremony at SK Seorin Building, Seoul – marks the culmination of discussions initiated by the Global Telco AI Alliance, a consortium launched in July 2023 by SK Telecom, Deutsche Telekom, E&, and Singtel.

This innovative partnership aims...

AI is helping mobile operators to cope with pandemic demand

Artificial intelligence is helping telecoms operators to boost the RAN capacity of their 4G networks by 15 percent.

More people than ever are relying on telecoms networks to work, play, and stay connected during the pandemic. Operators are doing all they can to ensure their existing networks have enough capacity to cope with demand.

Gorkem Yigit, Principal Analyst at Analysys Mason, said:

“Video streaming continues to experience high year on year growth and...