BROWSING: Business - Investing

Every day we see companies, who in their advertising and marketing talk about how they are in the AI game. I have noticed how there are different kinds of companies who use AI in different ways. Today, there are at least three different and...

Xavier Niel’s investment firm already has a 29% stake in Millicom French businessman Xavier Niel’s Atlas Investissement is looking to buyout Latin America-focused operator group Millicom, offering to purchase the shares it doesn’t already own in a deal valuing the carrier at roughly $4.1 billion. Millicom,...

The vast majority of CSPs have digitally transformed the systems and automated many of the processes to support their B2C customers. Many are now turning their attention to transforming the systems that they use to support their B2B customers. Here is where they find many...

The support package also includes approximately $732 million to support fabless chip companies in South Korea South Korea announced this week $19 billion in funding for the nation’s semiconductor businesses with an emphasis on chip design and contract manufacturing. The move follows similar announcements coming...

Intel has chip plants in several countries including the U.S., China, Malaysia, Vietnam and Israel According to reporting from The Wall Street Journal, Intel is in discussions with U.S. investment company Apollo Global Management for $11 billion in funding for a chip manufacturing plant in the...

Ericsson President and CEO Börje Ekholm said customer spending will increase in the second half of the year Ericsson has beat forecasts for the first quarter of 2024, with operating profit — excluding restructuring charges — hitting approximately $394 million, despite a 15% sales drop....

Keysight has offered nearly $1.5 billion for Spirent U.K.-based test and measurement company Spirent Communications is passing on Viavi Solutions’ previous $1.3 billion purchase proposal in favor of a higher bid from Keysight Technologies, and U.S.-based testing company. The new offer from Keysight includes a...

Vodafone Idea said it will take necessary action to allot ATC a total of 1.44 billion fully paid-up equity shares Indian telecom operator Vodafone Idea said that tower company American Tower Corporation (ATC) has requested conversion of debentures worth INR4.4 billion ($173.5 million) into equity...

The WBA further found that 58% of respondents are more confident in investing in Wi-Fi than they were a year ago A new Wireless Broadband Alliance (WBA) report reveals that Wi-Fi 6, 6E and 7 will be among the top technology priorities for network operators,...

Anthropic is considered a rival to ChatGPT creator OpenAI Google has confirmed a recent $2 billion investment into Anthropic, a San Francisco-based generative AI startup, that is considered a serious rival to ChatGPT creator OpenAI. Details remain scarce; however, it has been reported that Google’s...

The collaboration will position Amazon Web Services as Anthropic’s primary cloud provider for mission critical workloads Amazon said it will invest $4 billion in artificial intelligence (AI) startup Anthropic, taking a minority stake in the company, which has been an AWS customer since 2021. The collaboration...

Zegona is also in talks with bank for the potential financing of the Vodafone Spain acquisition U.K.-based investment firm Zegona Communications confirmed it is in discussions with U.K. telecom group Vodafone on a potential acquisition of the carrier’s Spanish business, Zegona Communications said in a...

Intel acquired IMS company in 2015 Intel has agreed to sell a 10% stake in its IMS Nanofabrication business to Taiwan Semiconductor Manufacturing Co (TSMC) for roughly $4.3 billion. The deal, expected to close in the fourth quarter of this year, leaves Intel as the...

STC has purchased a 9.9% interest in Telefónica to further its growth ambitions outside of Saudi Arabia Saudi Telecom Company (STC) has purchased a 9.9% interest in Telefónica for €2.1 billion ($2.25 billion) to further its growth ambitions outside of Saudi Arabia. The stake, said...

SK Telecom became the third largest shareholder in Persona AI Korean operator SK Telecom said it acquired a stake in local AI assistant developer Persona AI, with the aim of collaborating on the launch of products designed to improve automated customer service facilities for enterprises. SK...

Anthropic said it will work with SK Telecom to fine-tune its AI model Claude to specific telco use cases Korean telco SK Telecom announced an additional investment of $100 million in Anthropic, an AI safety and research company based in San Francisco, California. This new investment...

SoftBank already owns 75% of the chip company SoftBank Group is reportedly in talks to purchase the remaining 25% of Arm it doesn’t already control directly from Vision Fund 1, a $100 billion investment fund that the chip company established in 2017. Reuters, which first...

America Movil said this transaction increases its overall shareholding in Telekom Austria from 51% to 56.55% Mexican telecommunications group America Movil has increased its ownership in Austrian mobile operator Telekom Austria after it acquired shares corresponding to 5.55% of the voting rights in the company. In...

Liberty Global has been the controlling shareholder of Telenet since February 2007 U.S. company Liberty Global said it is in a position to bring its ownership in Belgian operator Telenet to over 93% after the conclusion of an initial acceptance period of a voluntary public...

Proximus Opal provides cloud-based telecom platforms for enterprise customers such as Salesforce and TikTok creator Bytedance Proximus Opal, a unit of Belgian telecom service provider Proximus Group, announced plans to buy an almost 58% stake in cloud communications platform-as-a-service company Route Mobile, to the tune...

Arrcus said the investment will enable the firm to accelerate growth and expand market reach Networking software company Arrcus announced a new investment from Hitachi Ventures for an additional closing of its Series D. Arrcus said this new investment will enable the company to accelerate its...

Foxconn is investing $246 million in Vietnam's northern province of Quang Ninh Reports indicate that Hon Hai Technology Group (Foxconn) has been granted permission by Vietnam authorities to invest $246 million in assembling telecoms and electronic vehicle (EV) equipment in the country. The company, according...

Samsung also shared that it has secured additional foundry partners for its Samsung Advanced Foundry Ecosystem (SAFE) At its 7th annual Samsung Foundry Forum (SFF) 2023, Samsung shares its latest foundry technology mission business strategy, focusing largely on the growing need to address artificial intelligence (AI)...

The decision puts AWS in a better position against rivals Microsoft and Google Amazon Web Services (AWS) has announced a $100 million investment to develop a center to help enterprises use generative AI, the technology behind OpenAI’s ChatGPT chatbot. The decision puts the company in...