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AMD to Lay Off 4 percent Workforce to Focus on AI Chip Development: Report

Telecom Talk

AMD announces the layoff of 1,000 employees as it pivots towards AI chip development, aiming to rival Nvidia in the lucrative AI hardware market.

Hardware 147
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Mobile Experts: Open RAN market drops 83% in 2024 as legacy carriers prefer single vendor solutions

IEEE ComSoc

As expected, the Open RAN market ‘screeched to a halt’ during 2024. Mobile Experts released a new report on Open RAN , which it described as ‘the most bizarre market growth profile ever seen in the wireless market.’ This report provides clear guidance on why the market is fundamentally changing.”

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Dell’Oro: RAN market still declining with Huawei, Ericsson, Nokia, ZTE and Samsung top vendors

IEEE ComSoc

RAN market conditions continued to remained challenging in the second quarter despite some faint signs of improvements. This does not change the fact that the RAN market is expected to decline at a 2 percent CAGR over the next five years.

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AI adoption to accelerate growth in the $215 billion Data Center market

IEEE ComSoc

Market Overview: Data Centers are a $215bn global market that grew 18% annually between 2018-2023. BofA ‘ s US Semis analyst, Vivek Arya, forecasts the AI chip market to reach ~$200bn in 2027 , up from $44bn in 2023. See Network Equipment market below. Typically, each rack would have a networking switch.

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Startup Stories: DC Smarter on building data centre digital twins

Total Telecom

Even well-trained IT staff are not familiar with every single hardware component. However, we see a worldwide demand for our solution, so we are definitely addressing the global market. What was the inspiration for setting up DC Connect? In addition to our software solutions, we offer multiple services. billion in funding.

Hardware 210
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Siemens preps on-prem edge version of gen AI industrial copilot, signs ThyssenKrupp

RCR Wireless

Siemens has said its industrial ‘co-pilot’ tool, billed as the first and only generative AI (gen AI) assistant on the market that writes code for automation engineering, is to be offered as an on-premises hardware-software bundle. It has also said it will add “multimodality and agent concepts” into the mix.

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How to set a marketing strategy in 2024

HCL Tech

How to set a marketing strategy in 2024 pallavi.parashar Mon, 08/26/2024 - 05:28 Content Group Article and Trends Most analysts agree that companies need to be more aggressive in digitizing their marketing. In fact, many marketers are likely to find the task complicated and overwhelming. “As But that’s easier said than done.