5G OI Lab Welcomes AT&T and Comcast, Plus 17 Startups
September 12, 2023
Bellevue, Washington. 5G Open Innovation Lab (5G OI Lab) is welcoming AT&T and Comcast to its innovation ecosystem. Additionally, 5G OI Lab has released the startups who will be joining its Batch #8 cohort, the largest yet with $313M raised and 17 new startups, adding to the total of 118 enterprises currently participating in the open environment.
“As evidenced by the 118 startups in our ecosystem, the combination of 5G and edge is unlocking a massive wave of collaborative innovation in Cloud, Edge and AI across every industry from agriculture and power generation to manufacturing, logistics and medicine,” says Jim Brisimitzis, Founder and General Partner of the 5G Open Innovation Lab. “We are thrilled to welcome AT&T and Comcast as founding partners to help drive our vision to bring industry experts together and, collectively, drive innovation into overlapping ecosystems. 5G and edge are new foundations that can be used to drive new business models and technology across segments and companies.”
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“Collaboration is the key to innovation,” said Jay Cary, VP, Strategic Alliances, Corporate Strategy at AT&T. “As we continue forging ahead to realize 5G’s full potential, it is important to work with the nimble startup and innovation community so we can move faster and solve real-world technology challenges more holistically and effectively for our customers. We are excited to be part of that start-up thinking with the 5G Open Innovation Lab.”
“The cycle of innovation often begins in small companies where a new idea can challenge existing ones, and Comcast has had success taking risks and embracing these new ideas,” said Tom Nagel, SVP, Wireless Strategy at Comcast. “Engaging with the startup community through our own Lift Labs or with organizations like the 5G Open Innovation Lab is an important factor not only in our own efforts but to push the industry forward in exciting new ways.”
For more information, visit 5goilab.com.
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