Ericsson ups investment to $630M in R&D boost for wireless, AI tech

Ericsson announced Thursday it is expanding a funding agreement with the Canadian government and now plowing more than $630 million in research and development of advanced mobile, artificial intelligence and quantum technologies. The Swedish telecom equipment manufacturer last year committed $470 million in R&D centres in a five-year commitment with the federal government. Thursday’s announcement adds additional money that will go toward research facilities in Ottawa and Montreal, “creating and upskilling hundreds of jobs and internships and strengthening these sites as global leaders in 5G Advanced, 6G, AI, Cloud RAN, quantum, and network API technologies,” a press release said. Ericsson...