Verizon raises 2026 forecast and signs $2bn AI deal with AWS
Verizon announced a multi-billion dollar partnership with Amazon Web Services to provide high-capacity network connections and distributed computing power for AI workloads. The deal comes as Verizon reported a strong quarter for new phone customers and raised its 2026 financial forecasts. The agreement positions Verizon as a key infrastructure partner for enterprise AI deployment.
Key points
- Verizon and AWS signed $2bn deal for AI infrastructure support
- Partnership includes high-capacity network connections and distributed computing
- Announcement follows strong quarterly performance
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