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Huawei Cloud CTO Bruno Zhang: Building the Intelligent Cloud Foundation for Telcos with Systematic Innovation

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BARCELONA, Spain, Feb. 26, 2024 /PRNewswire/ — At the Huawei Product & Solution Launch 2024 event during MWC Barcelona 2024, Bruno Zhang, CTO of Huawei Cloud, stated that, “Huawei Cloud is committed to building an intelligent cloud foundation for the telecom industry and accelerating intelligence across industries with systematic innovation that encompasses AI for Cloud and Cloud for AI.”

AI for Cloud: Reshaping the Industry with Pangu Models

Huawei Cloud Pangu models power intelligent upgrade of both industries and cloud applications.

Mr. Zhang described how telco customers have already applied them. The Pangu R&D model helps developers generate code with just one prompt and test cases with just one click. The Pangu telecom model automatically troubleshoots 90% of network faults in just minutes. The Pangu virtual human model boasts 95% lip sync accuracy for customer service and livestreaming. These will be joined with even more models.

Cloud for AI: Solving Challenges with Systematic Innovation

To help telcos build intelligent cloud infrastructure, Huawei Cloud provides a solution suite comprising AI-native storage, GaussDB, data-AI convergence, and distributed QingTian architecture. These are deployed and used across the cloud, network, edge, and device.

AI Native Storage: High bandwidth, high concurrency, and low latency for foundation models
Training foundation models needs exabytes of data. Huawei Cloud handles this demand easily thanks to a three-pronged approach. First, the EMS memory service stores petabytes of parameters with 220 TB ultra-large bandwidth and ultra-low latency down to the microsecond. Second, the SFS Turbo cache service delivers high throughput and concurrency. With IOPS in the tens of millions, 1 billion data records no longer need 100 hours to prepare, just 5. Third, a knowledge lake built on Object Storage Service (OBS) reduces the cost of storing training and inference data by 30%.GaussDB: A solid database that helps telcos process data both efficiently and securely
GaussDB is an enterprise-class distributed database with over 100,000 nodes. For availability, GaussDB ensures dual-cluster strong consistency with zero RPO. For security, it is certified CC EAL4+, the highest level in the industry. For automation, GaussDB provides one-stop tools to convert and migrate 95% of common syntax.Data-AI convergence platform: A robust data foundation for foundation models
Data is the key to foundation models. To develop telecom models specifically, data from the BSS, OSS, and MSS domains needs to unify into one data lake. Huawei Cloud’s data-AI convergence platform is a robust data foundation for these models. With LakeFormation, one copy of data can be shared without migration. With DataArts Studio, AI scientists enjoy high-quality, compliant data. Finally, the three pipelines – DataArts, ModelArts, and CodeArts – orchestrate and schedule data and AI workflows to drive online model training and inference with real-time data.Industry’s first multi-cloud deployment model and Cloud on Cloud solution for carriers
All of the Pangu model capabilities mentioned above and Pangu-powered cloud services are tailored to each customer for deployment in public cloud, dedicated cloud, or hybrid cloud. For example, telcos can build and run their dedicated AI platform and foundation models in their existing data centers using Huawei Cloud Stack, a hybrid cloud.

Huawei Cloud also offers consulting, end-to-end operations, and one-stop migration services through its Cloud on Cloud solution.

Mr. Zhang concluded with how Huawei Cloud is committed to shared success. Shared tech is available through 150,000 APIs. Shared experience comes from serving more than 3 million global customers. And shared ecosystem consists of 10,000 KooGallery offerings. These efforts empower carriers to build B2B services and seize opportunities to stay competitive.

MWC Barcelona 2024 will be held from February 26 to February 29 in Barcelona, Spain. During the event, Huawei will showcase its latest products and solutions at stand 1H50 in Fira Gran Via Hall 1. With the 2024 commercial launch of 5.5G, Huawei is collaborating with operators and partners around the world to pursue exciting new innovation in networks, cloud, and intelligence. Together, we will drive 5G business and foster a thriving industry ecosystem, creating a new era for intelligent digital transformation. For more information, please visit: https://carrier.huawei.com/en/events/mwc2024.

 

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SOURCE HUAWEI CLOUD

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Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)

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18 minutes ago

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December 27, 2024

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 09:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ — Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 25 December 2024, BlackRock’s holding in Stora Enso’s shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)

% of shares and voting rights through financial instruments (total of 7.B)

Total of both in % (7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached

4.76% shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

5.04% shares

Below 5% voting rights

Position of previous notification (if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

 

A: Shares and voting rights

Class/type of shares

ISIN code (if possible)

Number of shares and voting rights

% of shares and voting rights

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

FI0009005961

37,609,170  shares

Below 5% voting rights

4.76% shares Below 5% voting rights

SUBTOTAL A

37,609,170 shares

Below 5% voting rights

4.76% shares

Below 5% voting rights

B: Financial Instruments according to SMA 9:6a

Type of financial instrument

Expiration date

Exercise/Conversion Period

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

American Depositary Receipt (US86210M1062)

N/A

N/A

Physical

596,930 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

Securites lent

N7A

N/A

Physical

1,036,720 shares

Below 5% voting rights

0.13% shares

Below 5% voting rights

CFD

N/A

N/A

Cash

563,510 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

SUBTOTAL B

2,197,160 shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

 

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,664,079 A shares and 612,955,908 R shares in issue. The Company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 236,959,669.

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

Stora Enso

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj–notification-of-change-in-holdings-according-to-chapter-9–section-10-of-the-finnish,c4086606

The following files are available for download:

https://mb.cision.com/Main/13589/4086606/3189711.pdf

STORA ENSO Class R_2024-12-25_Issuer

 

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SOURCE Stora Enso Oyj

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Truecaller continues strong growth, surpasses 400 million Android users

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18 minutes ago

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December 27, 2024

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STOCKHOLM, Dec. 27, 2024 /PRNewswire/ — Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, reached another important milestone on 24th of December, when the number of monthly active users (MAU) on the operating system Android surpassed 400 million. Truecaller continues to grow rapidly in many geographic markets and the total user base has grown with more than 57 million users during 2024 and has now surpassed 433 million users in total.

“Truecaller’s strong commitment to help businesses and individuals communicate better through both calls and messages, continues to grow. Our geographical footprint is growing each day, and the development in our targeted growth markets is strong. We’re thrilled at achieving this milestone and we look forward to serving the next 400 million Android users,” says Rishit Jhunjuhnwala, Chief Product Officer and incoming CEO of Truecaller.

The growth in India continues to be strong with a growth of approximately 37 million users in but the relative growth in other parts of the world is stronger with a growth of 20 million users during 2024.

Truecaller will continue to report the average number of monthly and daily users on a quarterly basis in connection with interim reports.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

About Truecaller:

Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 433 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/truecaller-ab/r/truecaller-continues-strong-growth–surpasses-400-million-android-users,c4086573

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SOURCE Truecaller AB

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Xinhua Silk Road: Conference on deepening financial openness and co-op in Northeast Asia held in NE. China’s Shenyang

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18 minutes ago

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December 27, 2024

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BEIJING, Dec. 27, 2024 /PRNewswire/ — The 2nd Northeast Asia Finance Conference and 2024 “Revitalizing Liaoning with Finance” Excellent Cases Release kicked off on Tuesday in Shenyang, capital of northeast China’s Liaoning Province, aiming to further deepen financial openness and cooperation in the Northeast Asian region and advance construction of a regional financial center.

The main forum held a series of activities, including an opening ceremony, two round-table dialogues on “finance + biomedical industry” and “finance + cultural industry”, a symposium for foreign financial institutions, a seminar on innovative development of financial clusters, a forum on development of technology and finance, a forum on industrial low-carbon transformation and financial innovation, as well as an enterprise project roadshow and industry-finance matchmaking event.

During the conference themed on “accelerating the construction of a regional financial center in Northeast Asia and creating a new highland for opening up”, excellent cases of revitalizing Liaoning through finance in 2024 were unveiled and the index for core areas of regional financial centers in northeast China was released.

The conference also held an unveiling ceremony for the upgrading of the Shenyang finance and trade development zone to a national-level development zone, and a launch ceremony of a platform for Shenyang industrial insights and decision analysis.

The conference was co-hosted by China Economic Information Service, Liaoning Branch of Xinhua News Agency, Shenhe District People’s Government, Shenyang local financial administration under guidance of Shenyang Municipal People’s Government and Liaoning local financial supervision and administration bureau.

Original link: https://en.imsilkroad.com/p/343777.html

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SOURCE Xinhua Silk Road

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