{"id":118210,"date":"2026-07-24T20:28:10","date_gmt":"2026-07-24T20:28:10","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/118210\/"},"modified":"2026-07-24T20:28:10","modified_gmt":"2026-07-24T20:28:10","slug":"verizon-lands-1-billion-ai-infrastructure-deal-with-google","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/118210\/","title":{"rendered":"Verizon Lands $1 Billion AI Infrastructure Deal With Google"},"content":{"rendered":"

Verizon<\/a> signed an over $1 billion artificial intelligence (AI) infrastructure deal with Google<\/a>, and the company expects to sign several similar deals by the end of the year, Verizon CEO\u00a0Dan Schulman<\/a>\u00a0said Friday (July 24) during a second quarter\u00a0earnings call<\/a>.<\/p>\n

In the recently signed agreement, Verizon dark fiber will be used to connect Google\u2019s data centers. In the other deals that the company expects to announce by year\u2019s end, Verizon will earn \u201cmultiple billions of dollars in revenue\u201d over the next several years, Schulman said.<\/p>\n

\u201cThese are long-duration, high-quality contracted revenue streams from some of the most demanding infrastructure customers in the world,\u201d Schulman said.<\/p>\n

\u201cWe believe that this is just the beginning,\u201d Schulman added. \u201cThe build-out of AI infrastructure across the United States is one of the largest capital cycles of our lifetime.\u201d<\/p>\n

Verizon is uniquely positioned to participate in this build-out because it owns an extensive long-haul and metro fiber footprint and it has built the carrier-grade, low-latency, highly resilient transport network that hyperscalers need to connect compute, models and regions, Schulman said.<\/p>\n

The company has also begun retrofitting many of its central offices into data centers for inference\u00a0edgecomputing, and it is already talking with multiple partners who are eager to use these power-ready and permitted locations, he said.<\/p>\n

\u201cWe are moving quickly to expand our TAM [total addressable market] in the rapidly growing AI infrastructure market,\u201d Schulman said. \u201cThe agreements we have signed are the leading edge of a strategy that will become a meaningful, incremental leg of growth for Verizon.\u201d<\/p>\n

Verizon announced in a January 2025 press release that it launched a strategy and suite of products and solutions called Verizon AI Connect that is designed to serve hyperscalers, cloud providers and global enterprises by managing\u00a0AI resource<\/a>-intensive workloads.<\/p>\n

The company said at the time that Google Cloud and Meta were among the early adopters of these solutions.<\/p>\n

In a Friday earnings release, Schulman said: \u201cOur core connectivity business is gaining momentum, and with the emergence of\u00a0AI infrastructure<\/a>\u00a0revenue, we are fundamentally reshaping Verizon\u2019s growth trajectory.\u201d<\/p>\n

PYMNTS reported Wednesday that during Google parent company\u00a0Alphabet<\/a>\u2019s second-quarter earnings call, the company announced that it had raised its 2026\u00a0capital spending<\/a> forecast from the previous\u00a0$180 billion\u00a0to\u00a0$190 billion\u00a0to the new forecast of\u00a0$195 billion\u00a0to\u00a0$205 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"Verizon signed an over $1 billion artificial intelligence (AI) infrastructure deal with Google, and the company expects to…\n","protected":false},"author":2,"featured_media":118211,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,407,25,132,66,6493,310,1226,311],"class_list":["post-118210","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai","tag-ai","tag-ai-infrastructure","tag-artificial-intelligence","tag-google","tag-news","tag-partnerships","tag-pymnts-news","tag-verizon","tag-whats-hot"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/118210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=118210"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/118210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/118211"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=118210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=118210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=118210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}