T-Mobile has launched T-Mobile Ventures, a fund aimed at backing companies “developing transformative 5G products and services for the T-Mobile network.”

Carriers around the country are rushing to roll out 5G networks, while businesses and customers are eager to take advantage of the benefits it offers. T-Mobile is one of the leading 5G providers, offing the full range of 5G: low-band, mid-band and mmWave.

Because of the speeds 5G offers, it is opening up new opportunities in artificial intelligence, edge computing, cloud computing, machine learning and more. As a result, a new generation of companies are developing products and services that take advantage of 5G. T-Mobile Ventures’ goal is to help these companies succeed.

“T-Mobile Ventures is part of our mission to give customers the best 5G network in the country – one that will serve all Americans, stimulate competition and create tremendous economic value,” said Jason Young, Senior Vice President of Partnerships and T-Mobile Ventures. “With our 5G network at the foundation, we see massive opportunity across both business and consumer segments, and we’re excited to help fuel the wave of 5G applications coming to market in the years ahead.”