Microsoft enters strategic partnership with UAE-based G42

Microsoft will invest $1.5 billion in G42, the  UAE-based artificial intelligence (AI) technology holding company, with the goal of bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world. As part of this expanded partnership Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors. Under the strategic partnership. G42 will run its AI applications...

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Equinix enters $600m JV to build xScale data center in San Jose

Equinix and PGIM Real Estate will establish a $600 million joint venture to develop and operate an xScale data center in San Jose, California.PGIM is the $210 billion real estate investment and financing arm of Prudential Financial's global asset management business.The two-story facility, which will be known as SV12x, will be built out in two phases and is expected to provide more than 28 megawatts (MW) of power capacity at full build out.  SV12x...

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Ericsson posts a 14% drop in Q1 sales, sees stabilization in 2nd half of year

Citing a steep decline in Network sales to mobile operators, Ericsson reported overall Q1 sales of SEK 53.3 billion, a 14% drop from a year earlier. Gross income excluding restructuring charges decreased to SEK 22.8 (24.9) billion as lower sales were partly offset by an improvement in gross margin. Reported gross income was SEK 22.7 (24.2) billion. Gross margin excluding restructuring charges improved to 42.7% (39.8%) supported by a competitive product...

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Rivos raises $250 million for its RISC-V silicon

Rivos, a start-up based in Santa Clara, California, raised more than $250M in its oversubscribed Series A-3 funding round for its RISC-V accelerated platform targeting data analytics and Generative AI.Matrix Capital Management, the largest investor in this round, was joined by new investors including Intel Capital, MediaTek, Cambium Capital, CIDC, Capital TEN, and Hotung Venture Group, as well as existing investors Walden Catalyst, Dell Technologies...

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Indonesia's HSPnet deploys Ciena on subsea and terrestrial routes

HSPnet, which is an Indonesian internet services and integrated network access provider, has deployed Ciena's WaveLogic Ai-powered 6500 platform on its B3JS (Jakarta-Bangka-Bintan-Batam-Singapore) and BDMCS (Batam-Dumai-Medan) cable systems.The transmission routes, totaling around 2,000km across both underwater and land cables, offer capacity of up to 6 Tbps. The activation of the B3JS and BDMCS cables is a collaboration between Ciena, Ciena...

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Arelion launches Global 5G roaming with BroadForward

Arelion announced a partnership with BroadForward to introduce its latest 5G Standalone Roaming solution.Leveraging its established expertise in global 3G and 4G roaming services, Arelion aims to boost its customers' worldwide roaming capabilities by harnessing the advanced features of 5G technology. As the operator of the top-ranked IP backbone network globally, Arelion is well-positioned to facilitate the 5G solutions essential for providing high-quality...

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MaxLinear teams with Dell on enterprise and cloud storage

MaxLinear has partnered with Dell to introduce the Panther III Storage Accelerator into Dell's high-end PowerMax storage solution, aiming to set new benchmarks in performance, data reduction, security, and data protection. This integration promises to transform enterprise storage capabilities, particularly for AI and machine learning which demand substantial data handling and storage scalability. Dell’s PowerMax storage series, comprising models...

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