Ericsson has announced that it will be investing more in its United States-based 5G operations, with plans to open a new software development centre this year. The new centre will focus on baseband development, and employ over 200 software engineers once opened. It follows the launch of Ericsson's Application Specific Integrated Circuit (ASIC) Design Center in Austin, Texas, at the end of last year to develop and test core microelectronics for 5G radio base stations. "This facility and its employees will further strengthen Ericsson's 5G software development," Ericsson said. "Baseband provides intelligence to the radio access network.
Evolution Equity Partners, based in New York City and Zurich, Switzerland, invests in fast-growing technology companies in the United States, Europe and Israel helping exceptional entrepreneurs develop market-leading companies. The firm has a focus on Cyber-Security, Enterprise Software and AI/ML, and its partners have been involved as founders, investors and as senior operating executives in leading software companies around the world. Current and past portfolio companies include: AVG Technologies, Cognitive Security (now a part of Cisco), OpenDNS (now a part of Cisco), Carbon Black, Onapsis, Security Scorecard, DFLabs, Logpoint, Fortscale, Eperi, Zoom.ai, among others. For more information, please visit: www.evolutionequity.com
Singaporean mobile carrier M1 has published its first-half financial results to June 30, revealing the loss of 80,000 mobile customers over the past year. As of the end of the period, M1 had 1.964 million total mobile customers, after losing 152,000 prepaid mobile customers down to a total of 625,000. However, M1 added 71,000 post-paid customers during the past year for a total of 1.338 million customers. Operating revenue from mobile telco services grew despite the loss in overall customers, bringing in SG$287.1 million, up from SG$278.1 million, due to post-paid net average revenue per user (ARPU) growing by 20 cents to SG$41.70 per month. Prepaid ARPU was SG$10.20, down from SG$10.80.
Baidu today unveiled a new chip for AI, joining the ranks of Google, Nvidia, Intel, and many other tech companies making processors especially for artificial intelligence. Kunlun is made to handle AI models for edge computing on devices and in the cloud via datacenters. The Kunlun 818-300 model will be used for training AI, and the 818-100 for inference. Baidu began working with field-programmable gate array (FPGA) chips especially designed for deep learning in 2011, the company said. Kunlun is about 30 times faster than the first FPGA chip from Baidu and is able to achieve 260 tera-operations per second (TOPS) and 512 GB/second memory bandwidth, a company spokesperson told VentureBeat in an email.
Somewhere in the spare room of a home in the US or overseas, a recent high school grad and soon to be member of the Class of 2022 at a school like Stanford or Georgia Tech is gathering up the clothes, gadgets, and dorm room basics that they will need for freshman year. Four years after that traumatic (for the parents) drop-off day, that skinny but brilliant freshman will graduate and join a six-person start-up company, where he or she will play an integral part in building the game-changing technology that you and your organization will use just a few years later. Some of the companies and technologies that will be in the must-have category are pulling in venture capital investments today. This is the first in an occasional series of roundups of just a few of the noteworthy startup reporting investments. We have reviewed dozens of June press releases and posts on TechCrunch to get a sense of what already is coming down the road.
Singaporean mobile carrier M1 has announced that it will be trialling 5G small cells in partnership with Nokia at the end of this year. The trials will take place across M1's 4.5G narrowband Internet of Things (NB-IoT) heterogeneous network (HetNet) in Singapore, which was rolled out using Nokia's Flexi Zone Wi-Fi equipment and small cells and was labelled a precursor for 5G. According to M1, the companies will use the tests to inform how to commercially deploy 5G small cells in a "dense cell grid architecture" at high-frequency spectrum bands, as well as to demonstrate low-latency 5G IoT use cases. "The practical learning from early 5G field trial is critical for the success of developing high-performance and demand-driven 5G services for our customers in future and enables us to play a key role in Singapore's Smart Nation initiatives," M1 CTO Denis Seek said. M1 had first partnered with Nokia on 5G network trials back in October 2016, displaying 1ms latency in a robotics demonstration.
Microsoft is making another huge play, but this time it's in the world of IoT (Internet of Things) and AI (artificial intelligence). Microsoft Azure, the company's cloud computing service, is making a huge splash into the fast-growing IoT enterprise. In getting into IoT space, the Redmond-based company [VIDEO] has teamed with C3, a Silicon Valley-based IoT company. The two tech companies plan to work on technologies to help enterprise customers accelerate their IoT and AI development, according to SDX Central. Reports by SDX Central and Business Wire presented most of the information used in this article.
DXWorldEXPO LLC announced today that Chris Matthieu has been named the Tech Chair of "Smart Cities IoT IIoT" track of CloudEXPO's 10-Year Anniversary Event which will take place on November 12-13, 2018 in New York City. Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and the founder of Teleku, a communications-as-a-service cloud platform which was acquired by Voxeo.
To grow market share, many cloud service providers (CSPs) are introducing specialized compute instances, which target data-intensive workloads and ease the integration of artificial intelligence (AI) and machine learning (ML) into enterprise business applications as a strategy to capture market share. This type of activity is expanding the high-growth cloud-as-a-service (CaaS) and platform-as-a-service (PaaS) segments. The off-premises cloud service market is expected to reach $374 billion in 2022, at a five-year compound annual growth rate (CAGR) of 17.7 percent. Innovative service offerings by CSPs are multiplying, including the introduction of blockchain technology in PaaS service offers. They are also introducing new services focused on enterprise verticals, including the following: healthcare, to aid diagnosis; energy, for oil and gas exploration; financial services, for transaction monitoring; and supply chain efficiencies in retail and government, for smart city infrastructure.
The roughly €19 billion deal would face a possibly lengthy European Union antitrust review, but if completed, would create one of the continent's biggest telecommunications operators, selling the industry's holy grail "quad-play" package: cable, internet, wireless and landline-phone service on a single bill. The Financial Times reported earlier Tuesday the two companies were nearing a deal. The deal would represent the latest in a global trend of wireless carriers acquiring cable operations, or vice versa, to offer quad-play packages. Wireless carriers need high-speed cable networks to quickly transmit data to cellular towers for 5G, the coming generation of mobile networks that promise to be fast enough to enable near-instantaneous movie downloads and innovations such as self-driving cars. Both companies have said they have engaged in various forms of merger talks with each other in recent years.