American Tower on Tuesday beat Wall Street estimates for third-quarter revenue, helped by strong data center demand and robust spending from telecom companies on network coverage.
Europe’s largest space groups unveiled a preliminary deal on Thursday to join forces in satellite manufacturing and services after months of negotiations to counter the runaway growth of rivals led by Elon Musk’s Starlink.
China is curbing the use of European telecom kit suppliers Nokia and Ericsson in its networks, the Financial Times reported on Wednesday, citing people familiar with the matter.
Apple said on Thursday Britain’s plans to increase competition in the mobile operating system market could harm users and developers, and potentially force the company to share its technology with foreign competitors for free.
Apple announced on Monday a slew of artificial intelligence features including opening up Apple Intelligence’s underlying technology in a modest update of its software and services as it lays the groundwork for future advances.
OpenAI will set up its first office in Seoul and has established an entity in South Korea as demand in the country jumps for its ChatGPT service, the company said on Monday.
EU antitrust regulators will decide by June 10 whether to clear European satellite company SES’s 3.1 billion euro acquisition of Intelsat, according to a filing on the European Commission website.
Streaming media firm China Ruyi Holdings, backed by gaming and internet company Tencent, is aiming to raise between $300 million and $500 million in convertible bonds next week, two sources with knowledge of the plan said.
Arm Holdings expects its share of the global market for data center central processing units to surge to 50% by the end of the year, up from about 15% in 2024 with gains driven by the boom in artificial intelligence, a senior executive said.
Chinese artificial intelligence startup Zhipu AI unveiled a free AI agent on Monday, joining a wave of similar launches in China’s increasingly competitive AI market.
Chinese tech giant Tencent on Friday night launched the official version of its T1 reasoning model, stepping up competition in China’s increasingly crowded artificial intelligence sector.
Perplexity AI is in talks to raise funds at an $18 billion valuation, a person familiar with the matter told Reuters on Thursday, as the Nvidia-backed startup looks to grow and capture soaring demand for its search tools.
China said on Wednesday it would boost support for the application of artificial intelligence (AI) models and the development of venture capital investment, in a bid to foster more technology breakthroughs and become more self-reliant.