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Vodafone strikes billion-dollar AI deal with Microsoft
Silicon Republic January 16, 2024
Microsoft will invest in Vodafone’s managed IoT connectivity platform, which is set to become a separate, standalone business by April 2024.
Vodafone has signed a 10-year deal with Microsoft to infuse its services with generative AI and bring the technology to more than 300m businesses and consumers.
The $1.5bn investment by Vodafone will see the telco giant collaborate with Microsoft, one of the leaders in generative AI development, across several areas such as scaling its Internet of Things (IoT) platform and bringing new services to SMEs in Europe and Africa.
“This unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,”...
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