News of Note—AI vendor SenseTime raises $1B, Ciena to buy Packet Design and more

news of note
Ciena is buying Packet Design. (Pixabay)

Here are the other stories we're following today:

> SenseTime, a Chinese AI company, has raised more than $1 billion in back-to-back funding rounds. CNBC article

> Here's a look at why service providers and IT enterprise organizations need to put NFV in their data centers. DataCenter Dynamics article


Like this story? Subscribe to FierceTelecom!

The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.

> Ciena announced a deal to acquire Packet Design. The financial details weren't available. Telecomlead article


Suggested Articles

TechSee's technology is helping Vodafone Group's customers stay connected while also reducing truck rolls to their homes.

Vodafone Group recently wrapped up a deployment of VMware's network virtual infrastructure across all of its 21 European business markets.

There are more than one million commercial buildings and data centers across the U.S. that have on-net access to fiber-based network services.