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stc Group Announces Success of Advanced 5G mmWave Trials Exceeding 10Gbps Speeds

A man passes the Saudi Telecom STC office in Riyadh, Saudi Arabia, February 6, 2018. (Reuters)
A man passes the Saudi Telecom STC office in Riyadh, Saudi Arabia, February 6, 2018. (Reuters)
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stc Group Announces Success of Advanced 5G mmWave Trials Exceeding 10Gbps Speeds

A man passes the Saudi Telecom STC office in Riyadh, Saudi Arabia, February 6, 2018. (Reuters)
A man passes the Saudi Telecom STC office in Riyadh, Saudi Arabia, February 6, 2018. (Reuters)

stc Group announced on Tuesday the successful execution of the first live trials of advanced 5G technology in the Middle East and North Africa, reaching high speeds exceeding 10Gbps using the Millimeter Wave (mmWave) technology, SPA said.
The step signifies a new stage in facilitating digital transformation in the region and places the Kingdom of Saudi Arabia at the forefront of advanced nations in the field of telecommunications.
These trials come as a complement to a robust infrastructure of the advanced 5.5G network in the Kingdom, enabling data transfer at new record speeds in a live working environment.
It will pave the way for a qualitative leap in delivering new services and unprecedented customer experiences, while also opening new communication horizons beyond spatial and temporal boundaries.
The success of these trials is a crucial part of stc's “Dare” strategy, which aims at providing access to new services and elevating customer experiences to new levels, in line with the Saudi Vision 2030 and supporting digital transformation in the region.

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Amazon Doubles Down on AI Startup Anthropic with $4 bln Investment

The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, US, February 14, 2019. REUTERS/Brendan McDermid
The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, US, February 14, 2019. REUTERS/Brendan McDermid
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Amazon Doubles Down on AI Startup Anthropic with $4 bln Investment

The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, US, February 14, 2019. REUTERS/Brendan McDermid
The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, US, February 14, 2019. REUTERS/Brendan McDermid

Artificial intelligence startup Anthropic said on Friday it has raised an additional $4 billion investment from longtime backer Amazon.com, bringing the e-commerce giant's total investment to $8 billion, underscoring Big Tech's growing genAI investments.

Amazon will maintain its position as a minority investor, the company said. Its AWS unit will also be Anthropic's official cloud provider.

Anthropic also said it is working with AWS' Annapurna Labs on the development of future generations of Amazon's Trainium chips and plans to train its foundational models on the hardware, Reuters reported.

Britain's competition regulator had said in September Amazon's partnership with Anthropic will not be referred for a deeper probe as it did not fall under its jurisdiction.

Anthropic, which was co-founded by former OpenAI executives and siblings Dario and Daniela Amodei, said last year it had also secured a $500 million investment from Alphabet, which promised to invest another $1.5 billion over time.