Cohere raises CAD 7 bln from Canadian govt, Schwarz, BCE to build frontier AI alternative
The AI company Cohere announced the initial close of its Series E funding round targeting up to CAD 7 billion, with additional investment from Germany's Schwarz Group as well as Bell Ventures, Bullhound Capital, Inovia Capital, Nvidia, Prosperity7 Ventures and the government of Canada. The funding is expected to support its ambition to build frontier AI models, offering an alternative to the leading companies from the US and China.
Cohere raises CAD 7 bln from Canadian govt, Schwarz, BCE to build frontier AI alternative
The AI company Cohere announced the initial close of its Series E funding round targeting up to CAD 7 billion, with additional investment from Germany's Schwarz Group as well as Bell Ventures, Bullhound Capital, Inovia Capital, Nvidia, Prosperity7 Ventures and the government of Canada. The funding is expected to support its ambition to build frontier AI models, offering an alternative to the leading companies from the US and China.
Orange Cyberdefense to detect security vulnerabilities with Mistral's latest AI model
Orange Cyberdefense, which groups Orange's cybersecurity activities, has secured early access to a variant of Mistral Large 4 optimised for cybersecurity as part of a new partnership with France-based generative AI company Mistral AI. Large 4, also known as 'Le Chonk', is Mistral's latest open-weight, general-purpose multimodal model designed for critical enterprise workloads. Orange Cyberdefense will use a variant of Large 4 to integrate AI agents capable of detecting vulnerabilities into its managed secur
Orange Cyberdefense to detect security vulnerabilities with Mistral's latest AI model
Orange Cyberdefense, which groups Orange's cybersecurity activities, has secured early access to a variant of Mistral Large 4 optimised for cybersecurity as part of a new partnership with France-based generative AI company Mistral AI. Large 4, also known as 'Le Chonk', is Mistral's latest open-weight, general-purpose multimodal model designed for critical enterprise workloads. Orange Cyberdefense will use a variant of Large 4 to integrate AI agents capable of detecting vulnerabilities into its managed secur
New FCC rules impact authorised carriers of cross-border services
The Federal Communications Commission (FCC) has adopted new rules designed to improve safeguards in carrier services between the US and foreign telecoms locations. The new regime updates the FCC's section 214 framework for carriers with authorisation to provide services across the US border with Canada and Mexico. Changes include enhanced disclosures, covering foreign ownership stakes above a 5 percent reporting threshold, and the use of untrusted equipment or providers. The package also adds a requirement
New FCC rules impact authorised carriers of cross-border services
Airtel Money, Centenary Bank and GnuGrid launch Kwaata Sente micro-loans in Uganda
Airtel Money, Centenary Bank Uganda and credit reference bureau GnuGrid have jointly launched Kwaata Sente, a digital micro-loan service. Customers can access instant loans starting from UGX 10,000, determined by individual approval limits.Centenary Bank provides the underlying capital, Airtel Money contributes the mobile distribution network and GnuGrid powers the digital credit assessment infrastructure.
Airtel Money, Centenary Bank and GnuGrid launch Kwaata Sente micro-loans in Uganda
Megacable Q3 revenues up 7% to MXN 9.5 bln on subscriber growth
Mexican triple-play operator Megacable reported revenues of MXN 9.50 billion in the third quarter of 2026, up 6.5 percent year on year, due above all to the addition of new subscribers after expanding into new territories in recent years. The Guadalajara-based group also posted a 9.6 percent annual rise in its EBITDA to MXN 4.33 billion, up from 5.9 percent in the previous quarter, with net profit surging 29.6 percent to MXN 813.43 million thanks to greater operating efficiency, margin expansion and reduced
Megacable Q3 revenues up 7% to MXN 9.5 bln on subscriber growth
HKBN's FY net profit jumps 53% as enterprise revenue grows 11%
Hong Kong operator HKBN reported a 53 percent increase in its net profit to HKD 317 million for the 12 months ended 31 August 2026. Revenue rose 6 percent year-on-year to HKD 11.821 billion for the 12-month period ended August 2026. Revenue (excluding handset and other product sales) climbed 8 percent.
HKBN's FY net profit jumps 53% as enterprise revenue grows 11%
Microsoft to raise USD 25 bln in bond sale
Microsoft announced plans to raise USD 25 billion in the sale of senior unsecured notes. The proceeds from the debt offering will go to "general corporate purposes", such as working capital, capital expenditures, stock repurchases, acquisitions and paying off existing debt, Microsoft said. The offering includes short-term variable notes and longer, fixed-rate series, up to 30 years.
Microsoft to raise USD 25 bln in bond sale
Airtel Africa H1 revenue rises 28%
Airtel Africa has reported a 28.2 percent increase in revenue to USD 3.82 billion for the six months to September from USD 2.98 billion in H1 2025. On a constant currency basis, revenue climbed by 20.8 percent. Sustained growth in every operating region and business segment underscores strong structural demand and effective strategic execution, the company said. The mobile services division rose by nearly 19 percent in constant currency, anchored by a 28 percent surge in data revenue, while mobile money rev
Airtel Africa H1 revenue rises 28%
Intel sees sales growth slowing on PC market slump
Intel reported third-quarter sales of USD 16.5 billion, up 21 percent from a year earlier as its expansion in the server market helped offset the slowdown in traditional PCs. Intel warned of a slowdown in sales in the fourth quarter due to the weak PC market and said it expects the difficult market conditions to continue through at least the first half of 2027.
Intel sees sales growth slowing on PC market slump
Wirepas deploys RF mesh technology on 12 million smart electricity meters across India
Wirepas reports that its RF mesh technology is integrated into more than 12 million smart electricity meters across India, making the country its largest market. The technology is being used in smart metering deployments across several states and union territories, including Assam, Ladakh, Uttar Pradesh and Himachal Pradesh.
Wirepas deploys RF mesh technology on 12 million smart electricity meters across India
CoopVoce gifts first month of Turbo 200 and 400 offers
The MVNO of Italian supermarket chain Coop has launched a promotion to persuade new users to sign up to its premium Turbo 200 and Turbo 400 prepay tariffs. Under the offer, anyone porting their number to the plans by 22 November will be offered the first month for free, albeit with a EUR 10 activation fee.
