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Home » #MWC24 video: Nvidia finds that telcos are increasing AI budgets

#MWC24 video: Nvidia finds that telcos are increasing AI budgets

February 25, 2024
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Check out complete MWC Barcelona 2024 Showcase at: https://ngi.fyi/mwc24yt

To get a handle on how AI is impacting the telecoms sector, check out NVIDIA’s newly released survey of over 300 operators. Chris Penrose, Global Head Business Development – Telco from NVIDIA, provides some highlights:

  • He discusses the key findings from NVIDIA’s second annual AI and Telecom report, highlighting the growing importance of AI in the telecom sector.
  • Chris reveals that 56% of telecom companies believe AI is crucial for their future success, a significant increase from 42% last year.
  • He also shares that 53% of respondents see AI as a source of competitive advantage, indicating how telecom companies are leveraging this technology to transform their operations and create new revenue streams.
  • Critically, Chris mentions that 66% of telecom companies plan to increase their budget for AI infrastructure, showing a strong commitment to harnessing the power of AI in 2024.

Join us to learn more about the exciting trends and future of AI in the telecom industry.

Like our videos? Want to participate? Contact info@nextgeninfra.io

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