The future is here.
And Verizon (VZ) is happy to fund it.
The company announced in its keynote address to CES 2019 that it is starting a seed fund to help developers make applications for 5G. The company will call it the "5G Challenge."
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But, that isn't the only thing that Verizon showed off on Tuesday night.
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The company impressed the crowd by showing off the speed of 5G. Hans Vestberg, CEO of Verizon, controlled a Skyward drone that was based in Los Angeles, California from Las Vegas, where CES is being held.
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Verizon announced a partnership with the New York Times to launch a 5G journalism lab in its New York City office. The company also announced that it would be working with Walt Disney Studios to let filmmakers have early access to 5G innovations.
And, yet, the announcements don't stop there. Verizon also announced that 5G technology will be working with augmented reality (AR) technology in medical procedures.