On Wednesday, AST SpaceMobile (ASTS.US) surged more than 21% intraday to $29.52.
The Zhitong Finance App learned that on Wednesday, AST SpaceMobile (ASTS.US) surged more than 21% intraday to $29.52. According to the news, “AI leader” Nvidia and SoftBank Corp (SoftBank Corp), the telecommunications division of the SoftBank Group, said that the two companies have tested the world's first artificial intelligence (AI) and 5G telecom networks. The two companies said the platform can simultaneously run artificial intelligence and 5G workloads, a combination known by the telecommunications industry as an artificial intelligence radio access network (AI-RAN). Its applications will include remote support for autonomous vehicles and robot control.
According to reports, AST SpaceMobile Inc is a satellite design and manufacturing company. The company is building a cellular broadband network in space that can operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones, based on its extensive intellectual property and patent portfolio. It focuses on bridging the connectivity gap mobile users face and ultimately bringing broadband to the billions who are still unconnected.
