Aira Technologies has successfully raised $14.5 million in Series B funding, aimed at advancing its AI-driven solutions specifically designed for enhancing cellular network infrastructure. The core objective of this initiative is to boost the efficiency and performance of mobile networks. The raised capital will facilitate the advancement of its product plans, which are focused on improving operating, energy, and spectral efficiency.
As data traffic continues to grow at a rapid pace, mobile network operators face the challenge of reducing costs while seeking new revenue streams. Aira’s suite of AI and machine learning technologies seeks to revolutionize the radio access network architecture and performance. This technological enhancement is expected to lead towards more autonomous and efficient network operations.
The Series B funding will be strategically used to further develop Aira’s channel estimation and prediction platform, known as xApp. Additionally, the company will advance its GenAI platform, Naavik, which utilizes cutting-edge automation and natural language processing to optimize network operations.
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