Verizon Communications Inc. and Corning Inc. have entered into a multi-billion-dollar agreement to expand fiber optic infrastructure. The partnership aims to support Verizon's broadband expansion and the development of artificial intelligence capabilities.
Under the terms of the agreement, Corning will supply fiber optic cable and connectivity solutions to Verizon. The collaboration is designed to enhance the speed and capacity of Verizon's network, which is critical for both consumer broadband services and the high-bandwidth demands of AI workloads.
The deal underscores the growing infrastructure requirements necessary to support the increasing data traffic associated with modern telecommunications and advanced computing technologies.
