Search Mark
Home / Current Affairs

Nvidia and SoftBank Launch World’s First AI-5G Network


Today’s News

Nvidia and SoftBank Corp, the telecommunications arm of Japan’s SoftBank Group, announced on Wednesday that they have piloted the world’s first telecom network capable of running both AI and 5G workloads simultaneously.  

Nvidia and SoftBank Corp have launched the world’s first AI-powered 5G telecom network, the companies announced Wednesday 

Image Source: Reuters
Nvidia and SoftBank Corp have launched the world’s first AI-powered 5G telecom network, the companies announced Wednesday 
Image Source: Reuters 

Known as an artificial intelligence radio access network (AI-RAN), the new system enables real-time applications such as remote support for autonomous vehicles and robotic control. 

Image Source: The Edge Malaysia
Image Source: The Edge Malaysia 
Image Source: Financial Times
Image Source: Financial Times 

In addition, Nvidia’s founder and CEO, Jensen Huang, noted that SoftBank is the first to receive Nvidia’s latest Blackwell chip designs. These chips will be integrated into SoftBank’s AI supercomputer, which is currently in development to power its own generative AI models. 

Other News

Oil Prices Inch Up on Tight Near-Term Supply 

Oil prices rose slightly on tight physical market supply, offsetting bearish demand forecasts from OPEC, which cut its 2024 and 2025 growth projections amid weak Chinese demand.  

Stocks Fall as Bond Yields Rise Pre-Inflation Data 

Asian stocks dipped as rising U.S. bond yields raised concerns before key inflation data, affecting U.S. rate cut expectations. The dollar surged, while commodities, including oil and metals. 

Samsung Shares Hit 4-Year Low on Trump Tariff Fears 

Samsung Electronics shares fell to a four-year low amid concerns over U.S. tariffs under Donald Trump’s administration, which could impact demand from China.

 


Risk Disclosure:    

Securities, Futures, CFDs and other financial products involve high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding your initial investment could incur within a short period of time.    

Please make sure you fully understand the risks of trading with the respective financial instrument before engaging in any transactions with us. You should seek independent professional advice if you do not understand the risks explained herein.   

Disclaimer:    

This information contained in this blog is for general reference only and is not intended as investment advice, a recommendation, an offer, or an invitation to buy or sell any financial instruments. It does not consider any specific recipient’s investment objectives or financial situation. Past performance references are not reliable indicators of future performance. Doo Prime and its affiliates make no representations or warranties about the accuracy or completeness of this information and accept no liability for any losses or damages resulting from its use or from any investments made based on it.   

The above strategies reflect only the analysts’ opinions and are for reference only. They should not be used or considered as the basis for any trading decisions or as an invitation to engage in any transaction. Doo Prime does not guarantee the accuracy or completeness of this report and assumes no responsibility for any losses resulting from the use of this report. Do not rely on this report to replace your independent judgment. The market is risky, and investments should be made with caution. 

Share to

Current Affairs

British Firms Pessimistic on China Business Despite Stimulus

British companies operating in China remain gloomy about their business prospects, with many citing worsening economic conditions, despite Beijing’s recent economic stimulus efforts.

2024-12-3 | Current Affairs

Stellantis CEO Carlos Tavares Resigns Amid Slumping U.S. Sales

Today’s News Carlos Tavares, CEO of Stellantis (STLAM.MI), abruptly resigned on Sunday following a turbulent period for the automotive giant. The announcement comes just two months after the company issued a profit warning due to faltering sales in North America, which have led to a 40% drop in Stellantis’ market value this year.  The Stellantis […]

2024-12-2 | Current Affairs

Gold Rallies, Euro Plummets Amid Rising Global War Tensions

Gold is on track for its biggest weekly gain in nearly eight months, driven by escalating global tensions after Russia lowered its threshold for nuclear weapon usage and launched a hypersonic missile at Ukraine

2024-11-22 | Current Affairs