This week's roundup looked at the top news stories from the Global B2B tech & telecoms industry.
The stories cover Nvidia, French Telecoms, AI, Apple, Collaboration, Chips, Vodafone, Meta, India, Mexico, UK Government, EA Games and Electric Cars.
Here are our highlights:
monday_____________________________
Nvidia’s role in the AI wave has made it a $2 trillion company
Nvidia’s well-timed shift from gaming and graphics GPUs to making high-powered H100 AI chips has allowed the company to dominate the industry. Read the full story here: bit.ly/3Tc2bCr
Bouygues Telecom to buy French MVNO from La Poste
French operator Bouygues Telecom has signed an exclusive agreement with La Poste group for 100% of its subsidiary La Poste Telecom, the largest mobile virtual network operator (MVNO) in the French market.
Read the full story here: bit.ly/4c4LDE3
TUEsday___________________________
UK tech secretary visits UAE to build AI ties
The UK and United Arab Emirates (UAE) will explore ways to collaborate in AI research and investment as part of the tech secretary’s visit to the Middle East this week. Tech Secretary Michelle Donelan is today visiting the UAE and over the two-day trip will discuss deepening ties between the two countries for AI development. Read the full story here: bit.ly/49ufFPI
India’s plan to let 1998 digital trade deal expire may worsen chip shortage
India's plan to let a moratorium on imposing customs duties on cross-border digital e-commerce transactions expire may end up hurting India's more ambitious plans.
Read the full story here: bit.ly/48wYXO8
WEDNESday___________________________
AWS plans to launch an infrastructure region in Mexico
The new AWS Mexico (central) region will give customers greater choice for running their applications and serving end users from data centres in Mexico.
Read the full story here: bit.ly/3TcIiv5
Apple unplugs self-driving electric car project, reports say
Apple has reportedly cancelled its plans to build electric vehicles (EV) a decade after the iPhone maker was rumoured to be working on the project.
Read the full story here: bbc.in/4bNR4XP
Thursday____________________________
Vodafone confirms exclusive discussions with Swisscom for sale of Italian unit
Vodafone Group has responded to media speculation regarding the sale of its Italian business, Vodafone Italy, confirming a sale to Swiss telecoms firm Swisscomm is in the works. Read the full story here: bit.ly/3wE8DJO
Meta and LG to forge ‘AI-XR alliance’
Executives from Meta and LG are set to convene in South Korea on Wednesday to discuss a groundbreaking “AI-XR alliance,” as revealed by industry insiders. The meeting aims to solidify plans for collaborative ventures, notably the development of the Meta Quest Pro 2.
Read the full story here: bit.ly/49oIg93
Friday____________________________
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UK Government release new guide for telecoms RDI funding and opportunities
Director of Digital Infrastructure Sarah Connolly announced the new publication at the Great Britain and Northern Ireland Pavilion at an industry reception.
Read the full story here: bit.ly/3ThSEd5
Star Wars game cancelled as EA cuts 670 jobs
Electronic Arts (EA) is cancelling an upcoming Star Wars game and will lay off 5% of its employees globally- approximately 670 people.The game, which was in early development, would have been a first-person shooter set in the Star Wars universe.
Read the full story here: bbc.in/3wDmos7
