Ilex Insights

Global B2B TECH & TELECOMS NEWS (30/01/2023 - 03/02/2023)

Written by Ilex Community Manager | 03-Feb-2023 10:52:38

This week's roundup looked at the top news stories from the Global B2B tech & telecoms industry. The stories cover AI, Cybersecurity, Data Centres, Satellite, ChatGPT, Subsea Cable, Fibre and Apprenticeships.

Here are our highlights:

 

Monday _____________________________

Colt connects to Barcelona Cable Landing Station

Barcelona (Spain), 26th January 2023. Colt Technology Services (Colt), the digital infrastructure company, today announced the connection of its award-winning intelligent Colt IQ Network to the Barcelona Cable Landing Station (Barcelona CLS).

Read the full story here: https://bit.ly/3HiB6GG

Uzbekistan taps Toyota, Tsusho, NEC and NTT for significant upgrades

The companies will work together to deploy data centre and telecoms infrastructure for an advanced data communication known as ‘the System’. Installation of the System is to begin in 2023 with the launch of operations that is expected to “significantly” improve the communications environment of Uzbekistan.

Read the full story here: https://bit.ly/3JpDrC4 

 

Tuesday_____________________________

Microsoft banks on AI with OpenAI expanded partnership

Microsoft confirms the third phase of its long-term partnership with OpenAI through an undisclosed multiyear, multibillion-dollar investment. The news follows previous investments made by Microsoft in OpenAI in 2019 and 2021 and extends the company's ongoing collaboration across AI supercomputing and research.  

 

Read the full story here: https://bit.ly/3kYnB7i 

Green projects are boosting UK growth - CBI report

The transition to a greener economy is worth £71bn and has brought jobs and investment to parts of the UK experiencing an industrial decline. Those are the key findings of a new report written by the Confederation of British Industry (CBI).

 

Read the full story here: https://bbc.in/3HKiktd 

Wednesday___________________________

Amazon Smile closes: Charities say they will suffer

The BBC has spoken to several UK charities about the end of AmazonSmile, a scheme that allows customers to donate to a charity of their choice when purchasing items on Amazon. The firm said the scheme had not had the impact it had wanted it to.

Read the full story here: https://bbc.in/3HoCdED

SKT Innovates Cell Tower Safety Inspection using Drones & Image Analysis AI

SK Telecom announced that it developed and applied a system that checks the safety of cell towers using drones and image analysis AI. Developed by in-house experts, the image analysis AI model can determine the status of bolts and nuts by analysing drone images.

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

Thursday____________________________

Facebook parent Meta reveals 55% drop in profits after mass layoffs

Shares climb in after-hours deals as the company's forecasts for revenue in the current quarter suggest the ad downturn may be easing at a time when Meta places a greater focus on efficiency.

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

Israel's president uses ChatGPT to write a speech

Israel has a reputation for producing a disproportionate number of tech start-ups and unicorns, with Isaac Herzog using his speech to reinforce that robots are not about to take over jobs from humans.

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

friday____________________________

88% of IT exec are still investing in network services, finds FiberLight survey

The findings show that nearly 88% of respondents said they are still investing in high-bandwidth network services and cited data centres, cloud, and dedicated internet access (DIA) are their biggest priorities.

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

Virgin Media o2 to create hundreds of apprenticeships

This news comes ahead of National Apprenticeship Week, in which VMO2 have commissioned some market research that reveals a lack of understanding from workers about what apprenticeships are and who they are suitable for. 

 Read the full story here: https://bit.ly/3wWb2wd 

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