AI-driven AR platform Fazeshift raises $4M in seed funding
Fazeshift, an AI-driven AR automation platform, secures $4 million in seed funding to enhance its augmented reality solutions for business automation. Source: Fintech Global
Paysafe expands payment solutions into Brazil’s igaming market
Paysafe enhances its footprint by expanding payment solutions into Brazil’s growing igaming sector, offering new opportunities in the Latin American market. Source: Fintech Global
dLocal expands UK operations with FCA payment license
dLocal secures an FCA payment license and partners with ICC to further expand its operations in the UK, solidifying its position in the global payment ecosystem. Source: Fintech Global
IETF announces RFC production center management transition
The IETF transitions its RFC production center management, a move designed to streamline processes and improve the production of key internet standards documents. Source: IETF
New direction for enterprise networks under new administration
The US network strategy is shifting as the new administration focuses on enhancing network infrastructure and addressing modern connectivity challenges. Source: Network Computing
Lyca Group boosts African expansion with new telecom investment
Lyca Group announces significant investments in Africa to further expand its telecom network and strengthen its market presence on the continent. Source: Capacity Media
Nokia enhances patent portfolio with new families
Nokia strengthens its intellectual property portfolio with the addition of new patent families, positioning itself for long-term innovation leadership. Source: Capacity Media
Deutsche Telekom launches T-Wholesale unit
Deutsche Telekom introduces a new T-Wholesale unit aimed at driving growth through wholesale telecom services, enhancing B2B offerings. Source: Capacity Media
Red Helix secures $1 million investment for SOC
Red Helix secures a $1 million investment to bolster its Security Operations Center (SOC) capabilities, aiming to improve cybersecurity solutions. Source: Capacity Media
Digital Edge raises $1.6bn for APAC data center expansion
Digital Edge secures $1.6 billion in funding to support its data center expansion across the APAC region, strengthening its global infrastructure. Source: Capacity Media
Commerce Dept picks Arizona for chip packaging research lab
The US Department of Commerce selects Arizona as the location for a new chip packaging research lab, supporting the nation’s semiconductor industry. Source: Capacity Media
Switzerland strengthens telecom security measures
Switzerland announces new telecom security measures aimed at fortifying the country’s networks against rising cybersecurity threats. Source: Capacity Media
HMD targets adventurous customers with offgrid solutions
HMD Global unveils new offgrid mobile solutions targeting adventurers and remote workers in need of reliable connectivity in extreme conditions. Source: Telecoms.com
UK broadband traffic jumps 10% in 2024
UK broadband traffic surged by 10% in 2024, reflecting increased demand for high-speed internet amidst growing digital services usage. Source: Telecoms.com
Nokia’s cellular network now ready for the moon
Nokia’s cellular network technology is now capable of supporting lunar missions, marking a milestone in space communications technology. Source: Telecoms.com
FCC eyes spectrum auction to fund ‘rip-and-replace’
The FCC plans a spectrum auction to fund the removal of outdated communications infrastructure, accelerating the “rip-and-replace” process for better network security. Source: Telecoms.com
AI chip firms commit to tackling CES spam
Chip companies pledge to address AI-related spam at CES, focusing on enhancing ethical AI usage and improving user experiences. Source: Telecoms.com
SKT showcases AI innovations at CES
SK Telecom showcases its latest AI advancements at CES, preparing for a year of growth despite challenges in the tech landscape. Source: Telecoms.com
Verizon tests 5.5 Gbps download speeds
Verizon achieves breakthrough speeds of 5.5 Gbps in 5G trials, setting a new benchmark for ultra-fast mobile data connectivity. Source: Telecoms.com
UK signs £289M for Project Gigabit contracts
The UK government signs £289 million worth of contracts to support Project Gigabit, aiming to provide high-speed internet to underserved areas. Source: Telecoms.com
US leads in Wi-Fi 7 patent race
The US takes the lead in the global race for Wi-Fi 7 patents, setting the stage for next-generation wireless technologies. Source: Telecoms.com
Microsoft to spend $80 billion on AI data centers
Microsoft plans to invest $80 billion in AI data centers during fiscal 2025, signaling its strong commitment to AI infrastructure and capabilities. Source: Telecoms.com
Openreach’s FTTP network now covers half of the UK
Openreach’s Full Fibre-to-the-Premises (FTTP) network now serves half of the UK, accelerating efforts to provide faster broadband nationwide. Source: Telecoms.com