Sun.Aug 04, 2024

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Wildanet Teams with Nokia for Cornwall Gigabit Network Rollout

VoIP Review

Cornwall-based broadband provider Wildanet has teamed up with Nokia to expedite the installation of gigabit-enabled full fibre network across Cornwall and the Isles of Scilly. This strategic collaboration, bolstered by international network infrastructure firm Xantaro, aims at enhancing digital connectivity in these often underserved regions. Wildanet tasked Nokia with overseeing the entire project, from initial setup to final testing.

Network 93
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AI wave stimulates big tech spending and strong profits, but for how long?

IEEE ComSoc

Big tech companies have made it clear over the last week that they have no intention of slowing down their stunning levels of spending on artificial intelligence (AI) , even though investors are getting worried that a big payoff is further down the line than most believe. In the last quarter, Apple, Amazon, Meta, Microsoft and Google’s parent company Alphabet spent a combined $59 billion on capital expenses, 63% more than a year earlier and 161 percent more than four years ago.

Finance 52
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AI winner Nvidia faces competition with new super chip delayed

IEEE ComSoc

The Clear AI Winner Is: Nvidia! Strong AI spending should help Nvidia make its own ambitious numbers when it reports earnings at the end of the month (it’s 2Q-2024 ended July 31st). Analysts are expecting nearly $25 billion in data center revenue for the July quarter—about what that business was generating annually a year ago. But the latest results won’t quell the growing concern investors have with the pace of AI spending among the world’s largest tech giants—and how it will eventually p