Worldwide revenues for the Artificial Intelligence (AI) market, including software, hardware, and services for both AI-centric and AI non-centric applications, totaled $383.3 billion in 2021, an increase of 20.7% over the prior year, according to an International Data Corporation (IDC) Worldwide Semiannual Artificial Intelligence Tracker. IDC expects the AI market value will reach nearly $450 billion in 2022 and maintain a year-over-year growth rate in the high teens throughout the five-year forecast. 

Read more: AI Spending Grew 20.7% in 2021

Console Connect announced that it has teamed up with cloud technology advisor, Master Concept, to provide cloud networking solutions to businesses across Asia Pacific.

Read more: Console Connect Partners With Master Concept to Deliver Cloud Networking Solutions to Businesses...

MyRepublic has announced the launch of its platform-as-a-service spin-off company, MyRepublic Digital. The spin-off, helmed by industry veteran Jason Ong, aims to simplify and productize digital transformation for telcos and aspiring digital brands around the world.

Read more: MyRepublic Debuts Cloud-Native Platform-as-a-Service Under MyRepublic Digital

Tencent Cloud and technology services provider Acclivis Technologies and Solutions announced that they have signed a strategic partnership to bring private, public and hybrid cloud and ICT solutions to enterprises in Southeast Asia, mainland China and Hong Kong.

Read more: Tencent Cloud Teams Up With Acclivis to Bring Cloud and ICT Offerings in SE Asia, Mainland China...

ZTE Corporation has announced its collaboration with China Mobile Research Institute, China Transport Telecommunications & Information Group, the Beijing Branch of China Mobile and other partners to showcase what it calls the world’s first 5G NTN (Non-Terrestrial Network) field trial at the 5G-Advanced Industry Development Summit in Beijing.

Read more: China Mobile Partners With ZTE to Unveil World's First 5G NTN Field Trial

More Articles ...