PARIS, March 25, 2025 /PRNewswire/ -- March 24, 2025, during the MPLS & SRv6 AI Net World Congress 2025, Huawei hosted the successful IP GALA themed "AI WAN: Leading IP Networks into the Intelligent Era." The summit brought together carriers, standards organizations, and industry organizations to explore the latest trends in AI WAN innovation. Leading carriers, including Telecom Argentina and Turkcell Türkiye, shared their innovative practices of IP networks. Meanwhile, Huawei offered a deep dive into how its AI WAN solution empowers IP networks using AI. The event also saw the launch of the AI WAN Initiative by the IPv6 Forum, World Broadband Association (WBBA), Turkcell Türkiye, Telecom Argentina, European Advanced Networking Test Center (EANTC), and Huawei, aiming to promote the evolution of IP network innovation and deployment.
Zuo Meng, President of Huawei's Router Domain within the Data Communication Product Line, said in his opening speech that carriers are now facing several challenges, including stagnant growth of traditional services, slower-than-expected development of new services, and both high network complexity and costs, necessitating upgrades to next-generation networks. By introducing AI to areas such as O&M, connections, and routing devices, Huawei's AI WAN solution helps enhance network capabilities and value.
Latif Ladid, President of the IPv6 Forum, believes that the integration of AI into network infrastructure like AI WAN is a necessity for the future. To accelerate the deployment of SRv6, the IPv6 Forum launched the SRv6 Ready Logo Program, with Huawei being one of the first device vendors to pass the certification.
Santiago Costanzo, Transport Evolution Manager of Telecom Argentina, shared the deployment and innovative practices of key technologies for IP networks in the AI era. He noted that SRv6 helps carriers improve E2E automation efficiency and achieve deterministic latency. In the AI era, Telecom is using AI technologies to simplify O&M and improve efficiency, creating value for customers.
Durmus Mehmet, Turkcell's IP/MPLS Core and Data Center Networks Associate Director, revealed that Turkcell is building an ultra-broadband and highly reliable autonomous network to provide differentiated services for customers. He emphasized that Turkcell recognized the evolution direction of AI WAN and will work with Huawei to conduct joint innovation centered on energy saving, FHC-based fiber monitoring, AI application identification, and AI agents.
Xu Huan, Vice President of Huawei's Router Domain within the Data Communication Product Line, provided expert insights into the AI WAN solution. He explained that this innovative solution features a three-layer architecture consisting of AI routers, AI new connections, and AI new brain. The solution helps carriers build networks with optimal TCO, expand new services, improve operations efficiency, and drive new service growth. Wu Qin, Huawei's data communication network architect and IETF Internet Architecture Board (IAB) Member, stated that the AI new brain consists of AssurSpirit, ChangeSpirit, and OptimSpirit. Through large-small model collaboration, the three AI agents enable intelligent operations and accelerate the evolution to Autonomous Networks (AN) L4. Zied Ben Houidi, Chief LLM Expert of Huawei's Data Communication Product Line, also shared the application of AI on IP networks.
Carsten Rossenhövel, CTO and Co-Founder of the European Advanced Networking Test Center (EANTC) — an authoritative third-party test organization in Europe — shared the progress of multi-vendor interoperability test in 2025. This indicates that the key capabilities of IP networks in the AI era have reached a higher level of maturity in terms of interoperability.
At the end of the IP GALA, the IPv6 Forum, WBBA, Turkcell Türkiye, Telecom Argentina, EANTC, and Huawei jointly launched the AI WAN Initiative to promote the evolution of IP network innovation and deployment.
Looking ahead, Huawei will continue to work with carriers and industry partners to explore new markets in the intelligent era, help customers achieve business success, and accelerate new service growth.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
AI WAN Leads IP Networks into the Intelligent Era, Accelerating New Service Growth for Carriers
AI WAN Leads IP Networks into the Intelligent Era, Accelerating New Service Growth for Carriers
As Australia's rental vacancy rate nears a historic low, CapStone Holdings and Blaq Projects scale up residential real estate development.
SYDNEY, May 13, 2025 /PRNewswire/ -- Australian development firm Blaq Projects has deepened its partnership with U.S.-based CapStone Holdings Inc., with more than AUD 1.7 billion now committed to new residential and mixed-use developments across New South Wales and Western Australia. Since 2020, the two firms—CapStone and Blaq—have collectively launched and managed projects that respond directly to the nation's growing housing needs.
A March 2025 report by SQM Research placed the national rental vacancy rate at just 1.1%, while the Australian Financial Review estimates the country is on pace to fall 460,000 homes short of government housing targets by 2030. This growing demand is fuelling CapStone and Blaq's joint efforts in areas like Wollongong, Sydney, and Subiaco.
"Our collaboration with CapStone Holdings enables us to think big, move fast, and build smarter," said Jared Beneru, Managing Director of Blaq Projects. "We're focused on setting new benchmarks for sustainable housing in Australia's most dynamic communities."
"Australia's real estate market is dynamic and underserved in key segments," said Chelsey Turbyfill, VP of Finance at CapStone Holdings. "We're proud to support innovative Australian developers like Blaq as they deliver solutions to real housing challenges. Their execution has made this partnership one we're eager to expand."
Currently under construction is Orchard Terrace—a two stage 227-unit modern luxury apartment complex located in the vibrant inner-city township of Subiaco, Perth. Since 2020, the partnership has established six new mixed-use residential developments across Australia. One of its most recent completed developments is Indigo in Wollongong. Under Beneru's leadership, Blaq Projects has completed more than 70 developments across the country.
"Six developments in five years is just the beginning. We're building momentum and intend to keep pushing the standard forward—for the communities we serve and the future we want to help shape," Beneru added.
CapStone's broader commitment to Australia includes its sports investment division, GameAbove Sports—a global backer of select sports teams and academies dedicated to advancing athletic excellence and youth development. In partnership with the Bruton Basketball Foundation (BBF), led by NBL Hall of Famer Cal Bruton, GameAbove Sports supports inclusive youth programs that connect children—especially from underserved communities—with positive role models. Together, they aim to empower the next generation through sport, mentorship, and opportunity.
"Australia isn't just a promising market—it's a place where we're investing in people, community, and meaningful long-term impact," Turbyfill added.
About Blaq Projects
Blaq Projects is an innovative property development, construction, and investment company. Throughout the years of experience, Blaq has obtained industry excellence, a culture built on quality and a mindset of providing cost effective building and design solutions. blaqprojects.com.au
About CapStone Holdings, Inc.
CapStone Holdings, Inc. is a family office-structured holding company that keeps a balanced portfolio through investment strategies that maximize innovation and return with minimal risk. CapStone Holdings and its founders have invested across a wide range of industries for over 33 years and engage in focused philanthropic efforts. For more information about CapStone Holdings, visit www.capstoneholdingsinc.com.
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Photo - https://mma.prnasia.com/media2/2684516/BLAQ_Projects_Orchard_Terrace_Construction_Progress.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2684517/Orchard_Terrace_exterior.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2684518/Orchard_Terrace_interior.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2684519/Orchard_Terrace_interior_2.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2684520/Orchard_Terrace_Pool.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2684521/Orchard_Terrace_Exterior_2.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Blaq Projects and Investment Partner CapStone Holdings Fuel Housing Growth Across NSW and WA
Blaq Projects and Investment Partner CapStone Holdings Fuel Housing Growth Across NSW and WA
Blaq Projects and Investment Partner CapStone Holdings Fuel Housing Growth Across NSW and WA
Blaq Projects and Investment Partner CapStone Holdings Fuel Housing Growth Across NSW and WA
Blaq Projects and Investment Partner CapStone Holdings Fuel Housing Growth Across NSW and WA
Blaq Projects and Investment Partner CapStone Holdings Fuel Housing Growth Across NSW and WA
