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Alibaba to double R&D spending to USD 15 bln, with eye towards 'moonshot' projects

2017-10-11 09:16:00| Telecompaper Headlines

(Telecompaper) Alibaba said it will be doubling its R&D spend over the coming three years to USD 15 billion in order to develop next-generation technology and explore moonshot projects aimed at upending industries, Bloomberg reported. Alibaba plans to set up seven research labs and hire 100 scientists around the world to push further into artificial intelligence, the Internet of Things and quantum computing, the company said in an emailed statement. Specific fields include machine learning, visual computing and network security.

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Dell unveils new USD 1 bln IoT division

2017-10-11 08:35:00| Telecompaper Headlines

(Telecompaper) Dell Technologies has announced a new Internet of Things (IoT) division designed to integrate existing products and tools across the company and develop new Internet-connected devices and software. To that end, the company revealed plans to spend USD 1 billion on IoT-focused research and development over the next three years. The new division will be led by VMware CTO Ray O'Farrell, and is tasked with orchestrating the development of IoT products and services across the Dell Technologies family, including units such as units such as Dell EMC, VMware, RSA and Pivotal.

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European telcos 'ready' for 5G, but financial questions remain

2017-10-11 02:00:00| Total Telecom industry news

European telecoms operators are pushing ahead with preparations for fifth-generation mobile services, with some even claiming ot be ready to go, but there are some thorny issues regarding the monetisation of 5G, and the generatons that went before it, to be tackled first. "We are ready for 5G," Alexandre Fonseca, chief technology officer at Portugal Telecom, declared at the opening session of Total Telecom's Connected Europe event in Lisbon on Wednesday…read more on TotalTele.com »

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