Verizon Expects to Double Network Thanks to AI Demand
VZVerizon(VZ) PYMNTS·2024-05-15 07:48

Verizon Communications is reportedly placing a significant bet on artificial intelligence (AI) as its next major growth driver. The company, which is the largest retail wireless carrier in the United States, believes in the potential of AI to double its network over the next five years, Verizon Consumer CEO Sowmyanarayan Sampath told Bloomberg in an interview posted Tuesday (May 14). While video traffic has been the primary driver of growth for Verizon’s network in recent years, Sampath foresees AI demand s ...