Verizon Business has recently launched the AI Connect platform, strategically positioning itself to support businesses as they navigate the rapidly growing demands of artificial intelligence operations. This new suite of solutions is engineered to manage AI workloads at scale, focusing on the significant transition toward the need for real-time decision-making—known as inferencing.
According to McKinsey, by 2030, 60-70% of AI tasks will require such real-time processing, creating heightened demand for network capacity, low-latency connectivity, and enhanced computational power. To capitalize on this, Verizon is enhancing its existing network infrastructure, incorporating its renowned 5G technology, fiber-optic connections, and edge-computing capabilities. Kyle Malady, the CEO of Verizon Business, stated, “We are seeing significant demand for reliable network infrastructure...,” underscoring the need to support the burgeoning AI workloads.
Verizon AI Connect has been strategically developed with partnerships at its core. The telecommunications giant has teamed up with several major players, including NVIDIA, Vultr, Google Cloud, and Meta. For example, Verizon has engaged with NVIDIA to explore methods of incorporating GPU-powered edge platforms within its 5G private networks, contributing to more efficient AI service delivery. "NVIDIA AI... integrated with Verizon’s network...,” said Ronnie Vasishta, Senior VP of Telecom at NVIDIA, highlighting the potential for enterprises to adopt AI-powered services seamlessly.
Vultr, another important partner, specializes in GPU-as-a-Service (GPUaaS) and cloud computing. J.J. Kardwell, CEO of Vultr, remarked, “GPUs play a... AI infrastructure at the edge,” emphasizing the relevance of GPU technology for meeting AI demands effectively. These partnerships allow Verizon to extend its AI ecosystem capabilities, providing the necessary resources for significant cloud developments.
Verizon’s collaboration with Google Cloud and Meta furthers the potential for AI through shared computing capacity and enhanced infrastructure readiness. “Verizon provides a... AI workloads,” noted Bikash Koley, VP at Google Cloud, expressing confidence in Verizon’s ability to accelerate AI initiatives.
The infrastructure improvements come on the heels of Verizon’s recent financial disclosures, which reported a revenue growth of 1.6%, totaling $35.70 billion, along with the addition of approximately 1 million postpaid mobile and broadband subscribers. The demand for AI-related capabilities positions Verizon as not just a telecommunications provider but as an integral player in the future of computing.
Verizon AI Connect aims to leverage its expansive network resources to address the pressing needs for scalable solutions, reducing capital expenditure requirements for businesses wishing to adopt sophisticated AI systems. This unique approach allows Verizon to satisfy current and projected demands from hyperscalers and global enterprises. The company is effectively pivoting to capitalize on high-demand trends by taking advantage of its established infrastructure and customer base.
With the AI field poised for significant expansion, Verizon’s proposition to become the backbone of AI service provision is timely. The partnership strategies and the utilization of advanced technologies signal their commitment to leading the infrastructure market as enterprise clients shift focus from training AI models to deploying them at scale.
Verizon Business's initiative reflects its mission to integrate AI alongside existing telecom services, fostering an ecosystem where high-quality network connectivity meets advanced computing power. By focusing on AI workload management, particularly inferencing, Verizon effectively positions itself at the intersection of digital innovation and telecommunications.
This comprehensive strategy not only anticipates the growing AI market but actively shapes it by forging solid partnerships with key technology providers. It opens up new revenue streams and strengthens Verizon's standing as an industry leader capable of supporting sophisticated AI operations. With the expected growth of AI tasks, companies of all sectors are likely to look toward Verizon's offerings to help propel their capabilities forward.