Ericsson has released a strongly worded announcement saying it has been “compelled to take legal action against Transsion”, a major Chinese technology company.
Huawei has launched a three-step “ACT” pathway to enable intelligent transformation for enterprises, with the aim of helping them harness the power of AI, as well as nine new industrial intelligence solutions developed with Huawei’s partners.
There’s been a flurry of announcements from Humain, a Saudi Arabia Public Investment Fund (PIF)-owned company delivering global full-stack artificial intelligence solutions, referencing names like Adobe, Amazon Web Services (AWS), xAI and Luma AI.
Ericsson announced it will book a non-cash impairment of SEK11.4 billion (US$1.1 billion) in its Q2 results, blaming cloud unit Vonage which had previously hit the Swedish vendor in the wallet.