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Global market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across global internet infrastructure markets. BTW.

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Physical Intelligence shakes up AI robots with $400M raised

Global Cloud Services Trends

Physical Intelligence shakes up AI robots with $400M raised

What happened Physical Intelligence, a startup that develops software for robots, announced on Monday that it raised $400 million. The funding came from Amazon‘s Jeff Bezos, OpenAI, and venture capital firms Thrive Capital and Lux Capital. The company is valued at $2 billion…

Nov 5, 2024
The New York Times beats revenue expectations with digital growth

Global Cloud Services Trends

The New York Times beats revenue expectations with digital growth

What happened The New York Times on Monday (Nov. 4) reported third-quarter earnings that beat analysts’ expectations, thanks largely to the expansion of its digital offerings. The newspaper publisher reported earnings of 45 cents per share, excluding certain items. The results…

Nov 5, 2024
French families sue TikTok for failing to protect kids

Global Cloud Services Trends

French families sue TikTok for failing to protect kids

What happened A group of French families has filed a lawsuit against TikTok, accusing the social media platform of failing to protect children from harmful content. The families claim that TikTok’s algorithms and content moderation practices are not sufficient to prevent the…

Nov 5, 2024
Demand for AI chips boosts Nvidia and TSMC’s market value in October

Global Cloud Services Trends

Demand for AI chips boosts Nvidia and TSMC’s market value in October

What happened With the surge in global demand for AI chips, Nvidia and TSMC experienced significant growth in their market capitalisation in October. Nvidia’s market value increased by 9.3%, reaching $3.26 trillion. Meanwhile, TSMC’s market value grew by 6.5%, reaching $832.8…

Nov 5, 2024
Apple invests $1.5B in Globalstar for iPhone satellite connectivity

Global Cloud Services Trends

Apple invests $1.5B in Globalstar for iPhone satellite connectivity

What happened Apple revealed plans to invest $1.5 billion in satellite operator Globalstar to improve the emergency SOS and messaging features of iPhones in areas without cellular network coverage. This investment includes $400 million to purchase 400,000 Class B shares of…

Nov 5, 2024
One year on, is WeChat’s palm payment feature a success?

Global Cloud Services Trends

One year on, is WeChat’s palm payment feature a success?

A year ago, WeChat Pay, developed by the Tencent team, launched the innovative palm payment feature. This technology uses “palm print + palm vein” dual-factor authentication. WeChat Pay aims to provide users with a contactless, highly convenient, and secure payment experience. In…

Nov 5, 2024
Meta extends political ads ban beyond election day

Global Institutional Trends

Meta extends political ads ban beyond election day

What happened Meta, the parent company of Facebook and Instagram, has extended its pre-election ban on new ads covering political and social issues until later this week. The policy, which aims to reduce the risk of last-minute misinformation campaigns, was originally scheduled…

Nov 5, 2024
Nvidia CEO pinpoint the focus of advanced AI chip development with SK hynix

Global Cloud Services Trends

Nvidia CEO pinpoint the focus of advanced AI chip development with SK hynix

What happened Nvidia‘s CEO emphasized the importance of its relationship with SK Hynix to build more advanced AI accelerators, stating that “aggressive” development of enhanced high bandwidth memory (HBM) processors is required. Huang described SK hynix’s HBM development goal as…

Nov 5, 2024
Major Crypto firms launch new Global Dollar Network

Global Cloud Services Trends

Major Crypto firms launch new Global Dollar Network

What happened Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood have unveiled the Global Dollar Network. This network combines the power of major players to encourage stablecoin adoption on a global scale. It will utilize Paxos’ new stablecoin, the…

Nov 5, 2024
Editorial image for TouchDIVER Pro: haptic tech revolutionizing corporate training.

Global Cloud Services Trends

TouchDIVER Pro: haptic tech revolutionizing corporate training

What happened Against the backdrop of the rapid development of augmented reality (AR) and virtual reality (VR), WEART will introduce TouchDIVER Pro on November 30, bringing haptic XR interaction to today’s enterprises. The device is an advanced tactile glove designed to provide…

Nov 5, 2024
Gabor Cselle joins OpenAI for secretive new project

Global Cloud Services Trends

Gabor Cselle joins OpenAI for secretive new project

What happened Gabor Cselle, former CEO and co-founder of Pebble, announced in a post on X on November 2, 2024, that he had officially joined OpenAI. In the post, Cselle expressed his enthusiasm for his new role and promised to reveal more about his work in the future.…

Nov 4, 2024
Infineon unveils DEEPCRAFT to enhance Edge AI solutions

Global Cloud Services Trends

Infineon unveils DEEPCRAFT to enhance Edge AI solutions

What happened Infineon Technologies has announced the launch of DEEPCRAFT, a new software brand focused on Edge AI and machine learning (ML). The DEEPCRAFT brand portfolio will include the existing edge AI software products DEEPCRAFT Studio and DEEPCRAFT Ready Models (previously…

Nov 4, 2024
Temera and Zakeke ignite shopping experience with 3D technology

Global Cloud Services Trends

Temera and Zakeke ignite shopping experience with 3D technology

What happened In the latest business update, Temera announced a strategic partnership with Zakeke, which will see Temera integrate Zakeke’s 3D technology and real-time customisation tools into its digital product passport. Officially launched in October 2024. This partnership…

Nov 4, 2024
The Future of Banking in a Digital World

Global Cloud Services Trends

The Future of Banking in a Digital World

Fintech, short for financial technology, began growing rapidly in the early 2000s. By 2017, 64% of global customers used fintech platforms to manage assets and make transactions online. After the 2008 financial crisis, traditional banks struggled to meet regulations and adapt to…

Nov 4, 2024
Intel’s AI-chip aspirations dim amidst competitive storm

Global Cloud Services Trends

Intel’s AI-chip aspirations dim amidst competitive storm

What happened Intel‘s upbeat revenue forecast on Oct. 31 masked a pain point for the beleaguered company: its claimed artificial intelligence chip, the Gaudi accelerator chip, did not meet sales expectations. Intel scrapped the $500 million Gaudi chip sales forecast for 2024.…

Nov 4, 2024
Walt Disney unleashes AI and AR: A new era begins

Global Cloud Services Trends

Walt Disney unleashes AI and AR: A new era begins

What happened Walt Disney has officially launched a new business unit focused on integrating AI and AR into its diversified operations. According to an email seen by Reuters on Friday, the newly created technical support office will be led by Jamie Voris, who previously oversaw…

Nov 4, 2024
Apple to offer free repairs for iPhone 14 Plus camera issues

Global Cloud Services Trends

Apple to offer free repairs for iPhone 14 Plus camera issues

What happened Apple Inc. has unveiled a new service plan that offers complimentary repairs for the rear camera preview issue affecting certain iPhone 14 Plus devices. According to Apple’s service programme page, the affected devices were produced between 10 April 2023 and 28…

Nov 4, 2024
Apple acquires Pixelmator to boost its photo editing features

Global Cloud Services Trends

Apple acquires Pixelmator to boost its photo editing features

What happened Pixelmator announced on Friday that it is being acquired by Apple. Regulatory authorities still need to approve the acquisition, and the company has not disclosed the specific financial terms. Entrepreneurs founded Pixelmator in 2007, and they headquartered the…

Nov 4, 2024
Vodafone and Digi team up to acquire Telekom Romania

Global National Telecom Trends

Vodafone and Digi team up to acquire Telekom Romania

What happened Vodafone Romania has entered into talks with Digi Communications for a potential acquisition of certain assets from the former state-owned Telekom Romania. Vodafone confirmed in a filing with the London Stock Exchange that Digi has signed a memorandum of…

Nov 4, 2024
news-AMD-731

Global Datacenter Trends

AMD shares plummet as the AI revenue forecast dissatisfactory

What happened Shares of AMD (Advanced Micro Devices) fell nearly 10% on Wednesday as its fourth-quarter earnings forecast. It is because that the 2025 revenue target for artificial intelligence data center chips failed to meet the high expectations of AI-focused investors. Since…

Nov 4, 2024