Samsung Buys AI Network and Service Analytics Firm in 5G Network Play
Samsung said it bought artificial intelligence-based network and service analytics company Zhilabs, part of a $22 billion strategy to boost investment in companies to drive growth in AI, 5G, automotive electronic components and biopharmaceuticals. The acquisition lays the foundation for…
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5G offerings in automation and network analytics, it said Wednesday. AI-based automation will enable new services in connected cars and industrial IoT to analyze user traffic, classify applications and improve service quality, Samsung said. “5G technology will disrupt the communications landscape for the better, but it will only be successful if the quality of the networks transferring the information can be measured and improved," said Joan Raventos, CEO at Barcelona-based Zhilabs, which will operate under its own management.