Nvidia and SoftBank Pilot World’s First AI and 5G Telecom Network

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. (Reuters)
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. (Reuters)
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Nvidia and SoftBank Pilot World’s First AI and 5G Telecom Network

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. (Reuters)
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. (Reuters)

Leading chipmaker Nvidia and SoftBank Corp, the telecommunications arm of SoftBank Group, have piloted the world's first artificial intelligence (AI) and 5G telecoms network, the two companies said on Wednesday.

The network can run AI and 5G workloads concurrently, a process known as an artificial intelligence radio access network (AI-RAN), the companies said.

Applications for the network include autonomous vehicle remote support and robotics control.

"Every other telco will have to follow this new wave," SoftBank Group CEO Masayoshi Son said at an AI event where he was speaking alongside Nvidia CEO Jensen Huang.

Huang said SoftBank was the first to receive its new Blackwell chip designs, which it is incorporating into the AI supercomputer it is developing to create its own generative AI model.



Samsung Electronics Shares Hit Lowest in More than Four Years

A Samsung logo is displayed in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, 2024. (Reuters)
A Samsung logo is displayed in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, 2024. (Reuters)
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Samsung Electronics Shares Hit Lowest in More than Four Years

A Samsung logo is displayed in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, 2024. (Reuters)
A Samsung logo is displayed in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, 2024. (Reuters)

Shares in Samsung Electronics extended declines to a fourth straight session on Wednesday, hitting their lowest level in more than four years.

Shares traded down 2.1% as of 0025 GMT, after falling as much as 2.5% to 51,700 won, the lowest since June 24, 2020, while the broader KOSPI market fell 1.1%.

The South Korean chipmaker, down 34% in the year-to-date, is on course to post its worst annual performance in more than two decades. Rival SK Hynix has risen 32% so far this year, and US chipmaker Nvidia has gained 199%.

Last month, Samsung apologized for its disappointing profit, since it has lagged rivals in tapping booming demand for artificial intelligence chips, as competition from Chinese companies grows.