BRIEF-Stc Updates MoU With Future Artificial Intelligence Company (Humain)

STC

STC

7010.SA

0.00

June 18 (Reuters) - SAUDI TELECOM COMPANY 7010.SE:

  • UPDATES ON SIGNING OF A MEMORANDUM OF UNDERSTANDING (MOU) WITH FUTURE ARTIFICIAL INTELLIGENCE COMPANY (HUMAIN)

  • IT HAS BEEN AGREED TO EXTEND THE MOU FOR AN ADDITIONAL 6 MONTHS

  • DURING PAST PERIOD, PARTIES MADE TANGIBLE PROGRESS IN DISCUSSING, FINALIZING COMMERCIAL, OPERATIONAL, AND REGULATORY ASPECTS OF JV

  • THERE IS CURRENTLY NO MATERIAL FINANCIAL IMPACT

Source text: ID:nSSE1Qlv6d

Further company coverage: 7010.SE


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