1. Zand Bank and Mamo utilize Ripple for payments
Zand Bank and Mamo have partnered with Ripple to enhance cross-border payment solutions using blockchain technology, aiming for faster and more efficient transactions. Source
2. Affiniti raises $17M in Series A funding
US fintech firm Affiniti has secured $17 million in Series A funding to expand its operations and enhance its product offerings in the financial technology sector. Source
3. Intel considers sale of network and edge unit
Intel is exploring the sale of its network and edge business as part of ongoing cost-cutting measures, aiming to refocus on core areas amid competitive pressures. Source
4. Nvidia CEO criticizes US export controls
Nvidia’s CEO Jensen Huang called US chip export controls a failure, arguing they inadvertently boost China’s semiconductor development by limiting access to advanced technology. Source
5. Microsoft names Jennifer Weitzel corporate VP
Microsoft has appointed Jennifer Weitzel as corporate VP of EPC, returning after three years to enhance its engineering and procurement strategy. Source
6. Macquarie Telecom launches VeloCloud partner channel
Macquarie Telecom has signed an agreement with VeloCloud to launch a partner channel, enhancing SD-WAN technology access for managed service providers across Australia. Source
7. Duos Edge AI to open data center in Texas
Duos Edge AI is set to launch a new edge data center in Victoria, Texas, aimed at enhancing digital access and supporting educational connectivity in the region. Source
8. RETN partners with JPNAP for IX services
RETN has partnered with JPNAP to expand remote IX services in Asia, providing enhanced interconnection for customers across various regional markets. Source
9. Wifi coalition urges EU to open 6GHz band
A coalition of Wifi advocates is urging the EU to open the upper 6GHz band for unlicensed use, emphasizing the importance for competitive digital infrastructure. Source
10. Cisco to establish AI hub in Paris
Cisco plans to open a global AI Hub in Paris, investing in infrastructure and training to bolster France’s position in the AI landscape as part of its 2030 strategy. Source
