T-Mobile and AT&T are set to release their first RedCap devices, which are based on a low-bandwidth version of 5G tailored for Internet of Things gadgets, like wearables and sensors, to improve power efficiency and simplicity. AT&T plans to launch its NR-Light devices in 2025, while T-Mobile will introduce its own sooner. Early RedCap products may include mobile hotspots and dongles, potentially utilizing Qualcomm’s Snapdragon X35 modem chipset, with more information possibly coming during CES next year.
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Goldman Sachs Launches AI Assistant Firmwide, With 10,000 Employees Already Using It
Goldman Sachs has launched a generative AI assistant for its employees, with 10,000 already utilizing it for tasks such as document summarization and data analysis. While the company claims the AI will enable staff to focus on higher-value work, reports suggest it may lead to decreased workforce needs, as evidenced by one banker noting that AI now handles 85% of client responses, preventing the hiring of 30 new staff. Need More Context? 🔎
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