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Aira Technologies Raises $14.5 Million Series B From AT&T Ventures, Intel Capital and In-Q-Tel (IQT) to Accelerate RAN Automation Using GenAI
Aira Technologies, a leader in applying AI to cellular network infrastructure, has raised $14.5 million in Series B to expand and accelerate its AI/ML-based solutions to drive improvements in operating, energy, and spectral efficiency. With the new funding, Aira will accelerate the advancement of its GenAI product roadmap. Aira’s Series B investment round was a strategic investment round, and the company is thrilled to have AT&T Ventures, Intel Capital, IQT, Juniper, and JTM LLC joined by existing investors NeoTribe and Acrew.
Mobile Network Operators (MNOs) are experiencing exponential data traffic growth and are under pressure to improve profitability by pushing down the Total Cost of Ownership while generating new streams of revenue. Aira’s vision is to use a data-driven, ML-powered approach to radically re-imagine wireless design, deployment, and control to improve efficiency and performance. Aira’s innovations allow MNOs to vastly improve their radio access network (RAN) architecture and performance. This new round of funding will support Aira’s visionary approach to enabling the RAN of the future—a fully autonomous, self-learning RAN.
Most recently, Aira launched Naavik, a GenAI platform that revolutionizes network operations via advanced automation and natural language processing. Enabling intuitive, conversational interactions with network data and reducing task times from months to days, Naavik enhances visibility, control and automation across the RAN to empower fully autonomous networks.
AT&T announces $1 bln fiber deal with Corning
ATT has struck a $1 billion multi-year deal with Corning to buy fiber, cable, and connectivity solutions, as the U.S. telecom giant looks to expand its high-speed internet services. The company expects the deal with Corning to boost its network expansion and enhance performance while minimizing deployment costs.