KT to make massive investments to become an AI company
FacebookTwitterLinkedinemail Korean telecommunications company KT announced plans to invest 300 billion won ($257 million) over the next four years to become an artificial intelligence (AI) company, Korean press reported. The Korean …
Cities not ready for AI – even the world’s smartest can’t handle getting any smarter
FacebookTwitterLinkedinemailNo city in the world is ready for the disruption that artificial intelligence (AI) will bring. This is the conclusion of a new review by management consultancy Oliver Wyman, which …
5G to reach 58% of global population by 2025: Huawei
FacebookTwitterLinkedinemail 5G technology will be available to 58% of the world’s population by 2025, which will create new business models, services and applications for customers and enterprises, according to Huawei’s …
UK government pledges £250m AI fund for NHS to lead “health tech revolution”
FacebookTwitterLinkedinemailThe UK has announced a £250 million investment for a National Artificial Intelligence (AI) Lab for the National Health Service (NHS), as the healthcare sector is poised for a “huge …
IIC releases AI contract tool, IIoT security guides and IIoT maturity gauge
FacebookTwitterLinkedinemailThe Industrial Internet Consortium (IIC) is piloting a contract automation tool that uses artificial intelligence to negotiate between industrial companies, without human involvement, to arrive at contract terms both sides …
Walgreens to implement Theatro’s IoT platform nationwide
FacebookTwitterLinkedinemail Walgreens, one of the largest drugstore chains in the U.S. has selected Theatro, a provider of voice-controlled mobile platform as a service for the hourly workforce. Under the terms …
Germany earmarks £1bn for national 2019/20 AI funding
FacebookTwitterLinkedinemailThe German government has swelled its 2019 funding for artficial intelligence (AI) to €500 million and promised a further €500 million in 2020. The country wants to ensure advanced analytics …
SK Telecom, Microsoft ink deal to cooperate on AI, cloud and 5G
FacebookTwitterLinkedinemail Korean telco SK Telecom and Microsoft have signed a Memorandum of Understanding (MoU) to carry out cooperation activities in the fields of artificial intelligence, cloud and 5G. Under the …
Ericsson opens global AI accelerator hub in Montreal
FacebookTwitterLinkedinemail Ericsson announced the inauguration of its Global Artificial Intelligence Accelerator (GAIA) innovation hub in Montreal, Canada. The Swedish company said that its new innovation hub will focus on research …
Ericsson to open innovation, co-creation center in California
FacebookTwitterLinkedinemail Ericsson announced the upcoming launch of Ericsson D-Fifteen, a new innovation and co-creation center at the company’s Santa Clara office, the vendor said in a release. The Swedish firm …
