IT infrastructure
1. X asks Brazil’s top court to allow it to resume services, source says
Elon Musk-owned social media platform X has requested that Brazil’s Supreme Court allow it to resume service in the country, a source with direct knowledge of the matter said on Thursday. (Market Screener)
2. Meta’s investment in EssilorLuxottica will be ‘symbolic’, Zuckerberg says
A prospective investment by Meta Platforms in eyeglasses maker EssilorLuxottica will be a “symbolic” gesture to cement their long-term partnership, Meta CEO Mark Zuckerberg told technology news website The Verge. (U.S.News)
3. OMS Group invests $300m in subsea and terrestrial infrastructure
OMS Group plans to invest $300 million in its global cable systems and terrestrial infrastructure. (Data Center Dynamic)
Tech trends
4. US Justice Department probes Super Micro Computer, WSJ reports
The U.S. Department of Justice is investigating Super Micro Computer (SMCI.O), opens new tab, the Wall Street Journal reported on Thursday, nearly a month after short-seller Hindenburg Research alleged “accounting manipulation” at the AI server maker. (Reuters)
5. Alphabet, Goldman Sachs and others to settle charges over late filings, SEC says
Alphabet, Goldman sa group of other firms agreeoSacns anoto pay a combined $3.8 million in penalties to settle U.S. Securities and ExchangeCommission charges over late filings, the regulator said on Wednesday. (Microsoft Start)
6. Google Cloud files EU antitrust complaint over Microsoft’s cloud practices
Google isn’t happy with Microsoft’s cloud licensing terms for Windows Server on non-Azure cloud infrastructure. (The Verge)
7. GlobalNet completes DWDM network expansion across Central Europe
Dutch backbone network provider GlobalNet has completed the deployment of a fully protected, ring-based DWDM network across Central Europe. The infrastructure consists of two rings, the first one running from Frankfurt through Berlin, Warsaw, Katowice and Prague, and the other from Frankfurt through Stuttgart, Munich, Vienna, Bratislava and also ending in Prague, forming a unified fibre optic system. (Telecompaper)
AI
8. OpenAI mulls major restructure towards for-profit status: report
OpenAI, the Microsoft-backed AI research firm behind ChatGPT and o1, is reportedly working on a plan to shed its nonprofit board in favour of a switch to a for-profit benefit corporation.(Capacity media)
9.Accenture’s AI business takes center stage in quarterly results beat
IT services major Accenture unveiled a $4 billion share buyback on Thursday and beat quarterly earnings expectations thanks to strong demand for its services that help businesses adopt generative AI technology.（Yahoo Finance）
10. Micron rises 19% on AI-driven forecast, fuels chip stock rally
Micron Technology surged more than 13% on Thursday, after its first-quarter revenue forecast indicated strong demand and pricing for the high-bandwidth memory chips (HBM) used to support booming generative artificial intelligence technology. (Yahoo Finance)
11. OpenAI CEO denies exec departures linked to restructuring
Sam Altman, CEO of Microsoft-backed OpenAI, denied that there was any connection between the exit of three senior executives at the ChatGPT maker and a planned restructuring of the company, which he said the board had been thinking about for several months. (Tipranks)
12. Dell partners with Nvidia to accelerate AI adoption in telecoms
Dell Technologies launched Dell AI for Telecom, a programme made to simplify and accelerate the adoption of artificial intelligence (AI) deployments for communications service providers (CSPs) during their Dell Technologies Forum 2024 held at Hilton Hotel Kuala Lumpur on Sept 24. (The Edge Malaysia)
13. Visa agrees to buy AI-focused enterprise tech firm Featurespace
Visa has agreed to buy AI-focused Featurespace, which develops enterprise technology preventing fraud and financial crime, for an undisclosed amount, it said on Thursday. (KFGO)
14. Accenture’s AI business takes center stage in quarterly results beat
IT services major Accenture unveiled a $4 billion share buyback on Thursday and beat quarterly earnings expectations thanks to strong demand for its services that help businesses adopt generative AI technology. (Yahoo!Finance)
15. AstraZeneca in AI collaboration with Immunai to inform cancer drug trials
AstraZeneca will pay $18 million to biotechnology firm lmmunai inc to use theNew York-based firm’s Al model of the immune system to make certain cancer drug trialsmore efficient, the latter said on Thursday. (Microsoft Start)
