Ilex Insights

Global B2B TECH & TELECOMS NEWS (14/10/2024 - 18/10/2024)

Written by Ilex Community Manager | 18-Oct-2024 08:32:30

This week's roundup looked at the top news stories from the Global B2B tech & telecoms industry.

The stories cover Singtel, AI, Cloud, Verizon, Data Centers, NVIDIA, Cyberattacks, Microsoft, XScape, Amazon, Nuclear Power, IoT, Vodafone, E&, Meta and Intelsat.

 

Here are our highlights:

monday_____________________________


Singtel launches RE:AI cloud service to democratise AI

Singtel has unveiled RE:AI, a cloud service that aims to make AI technologies widely accessible to organisations.

Read the full story here: https://bit.ly/3YneXk6 

Verizon Foundation Donates $2 Million for Hurricane Relief Efforts

The Verizon Foundation is stepping up to support communities devastated by Hurricane Helene and Hurricane Milton with a total of $2 million in donations to aid relief and recovery efforts. 

Read the full story here: https://bit.ly/3BF7ST0 

tuesday___________________________

US tech firms commit £6.3bn data centre investment in the UK

CyrusOne, ServiceNow, Cloud HQ and CoreWeave have announced the UK will be the home for their data infrastructure with some of the new data centres set to be completed as soon as 2028.

Read the full story here: https://bit.ly/486iIOe

Nvidia notches record close, could unseat Apple as most valuable company

With investors betting on strong demand for its current and next-generation AI processors, the Santa Clara, California company's stock climbed 2.4% to end Monday at $138.07.

Read the full story here: https://reut.rs/404m5mQ

Wednesday___________________________

Iran, Russia and North Korea changed cyber attack tactics in the last year, says Microsoft

Russia appears to have "outsourced" some of its cyber espionage to gangs, especially around its spying in Ukraine.

Read the full story here: https://bit.ly/4dIB3ly

Xscape Secures $44M from Cisco, NVDIA & Others to Drive AI Data Center Innovation

Xscape Photonics announced the close of a $44mil Series A funding round, increasing the total amount raised to $57mil.

Read the full story here: https://bit.ly/3Nt4LQT

thursday____________________________

Amazon.com joins push for nuclear power to meet data center demand

Amazon said on Wednesday it has signed 3 agreements on developing small modular reactors, becoming the latest big tech company to push for new sources to meet surging electricity demand from data centers.

Read the full story here: https://reut.rs/4f7Sq0d

 

Vodafone taps into UAE's connected car market with help from e&

Under their wide-ranging strategic partnership, the two telcos have won a deal to supply automotive IoT services to the German car maker, Mercedes, in e&'s home market, the UAE.

Read the full story here: https://bit.ly/40940nr

friday____________________________

META PARTNERS WITH bLUMHOUSE TO TEST OUT ITS AI MOVIE GENERATION MODEL

On Thursday it had teamed up with Blumhouse Productions, the Hollywood company behind horror films to put its new generative AI video model Movie Gen to the test.

 
Read the full story here: https://reut.rs/3Ytt0os 
 

Intelsat Launches New Cellular Backhaul Service in Nigeria

A new satellite cellular backhaul service platform in Lagos, Nigeria, marks a major milestone in efforts to enhance Nigeria and Africa’s connectivity infrastructure.

Read the full story here: https://bit.ly/3NBVlSZ 

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