Tech- Page 48

The FINANCIAL -- Global business value derived from artificial intelligence (AI) is projected to total $1.2 trillion in 2018, an increase of 70 percent from 2017, according to Gartner, Inc. AI-derived business value is forecast to reach $3.9 trillion in 2022.

The FINANCIAL -- Cisco announced that it is collaborating with Orange on the modernization and expansion of Orange’s Open Transit Internet (OTI) service.

The FINANCIAL -- Nokia has launched the industry's first Edge Cloud data center solution to meet the stringent and diverse low-latency data processing demands of Cloud RAN and advanced applications for consumers and industries.

The FINANCIAL -- The vast majority of manufacturers are turning to artificial intelligence (AI) to “turbocharge” their products and services, finds a new research report from Accenture.

The FINANCIAL -- Xiaomi has shown no signs of slowing down in India.

The FINANCIAL -- Uteco Group, in partnership with Kodak, on April 23 announces the commercial availability of the SapphireEVO digital press.

The FINANCIAL -- Whirlpool Corporation announced on April 23 first-quarter GAAP net earnings of $94 million, or $1.30 per diluted share, compared to $153 million, or $2.01 per diluted share, reported for the same prior-year period.

The FINANCIAL -- Whirlpool Corporation announced on April 24 that it has entered into an agreement to sell the Company's Embraco compressor business to Nidec Corporation for a cash purchase price of $1.08 billion, subject to customary working capital and indebtedness adjustments.

The FINANCIAL -- Driven by strong growth in the memory market, worldwide semiconductor revenue totaled $420.4 billion in 2017, a 21.6 percent increase from 2016 revenue of $345.9 billion, according to final results by Gartner, Inc.

The FINANCIAL -- China Unicom and Huawei have signed a joint innovation agreement on 5G network slicing.