Posted inEmergent Tech

Rogers Communications to invest $7.7 billion in AI

Total mobile operator spending on AI solutions will cross 15 billion UD by 2024

Rogers Communications to invest 7.7 billion USD in AI

Rogers Communications, a Canadian Telecom operator, will invest $7.74 billion in AI ( Artificial Intelligence) within the next three years. The announcement came weeks after the company reported network issues causing nationwide disruptions.

Chief Executive Officer Tony Staffieri said that the company has made progress on a formal agreement between carriers to switch 911 calls to each other’s networks automatically, even in the event of an outage on any carrier’s network.

Staffieri noted, “I believe this is the only responsible way forward and I am personally committed to making it possible for all Canadians.”

Staffieri added that the company is physically separating wireless and internet services to create an ‘always on’ network to help make sure the customers don’t experience an outage with both cellular and internet services again.

According to IDC research in early 2022, 63.5 percent of telecom companies are actively implementing AI to improve their network infrastructure.  

Total mobile operator spending on Artificial Intelligence (AI) solutions will cross $15 billion by 2024, according to Juniper Research.  While operators in developed regions, such as North America and Europe, will account for over 40 percent of AI spend by 2024.