Verizon Launches New Private Mobile Cloud Computing Services for Businesses with Microsoft Azure

In a recent press meet, Verizon, America's leading multinational telecommunications conglomerate, has announced that its most anticipated on-premises, private edge compute solution will now be available for its users. Verizon 5G Edge, in collaboration with Microsoft Azure Stack Edge, has launched this brand new cloud computing platform which will now make storage services easy.

The new cloud computing service will provide excellent customer premises for enterprises with increased efficiencies, robust security, and the low lag and high bandwidth feature required for various applications that primarily involve computer vision, AR & VR, and machine learning. With on-premise 5G and edge computing, enterprises can efficiently process information and improve actionable data-driven insights to gain end-to-end visibility across all processes.

Verizon is also working on 5G applications to leverage 5G Edge investments and provide its customers with tangible, material automation enhancements. This solution would allow many enterprises to assign overhead and indirect costs to specific customer accounts, pick and pack lines, and enhance efficiencies and improve competitiveness. Verizon with Microsoft will provide its customers with powerful compute and storage service capabilities with increased security.

 

 

Key partnerships and top AI projects have helped Microsoft to breach the $2tn mark

Recently, tech giant Microsoft became the second publicly traded company in the US to achieve 2 trillion market capital after Apple. The company was able to achieve this feat just two years after reaching the 1tn mark. Some of the major projects taken up by the company were responsible for this spike. Back in 2019, Microsoft had invested $1 billion in OpenAI to build AI. The main motto of the partnership was to develop new software, and hardware platform within Microsoft’s Azure targeted towards Artificial General Intelligence (AGI).

 The tech giant also became the company’s exclusive cloud provider. OpenAI had stated in its blog that it would be partnering and working with Microsoft to extend the capabilities of Azure in large-scale AI systems. Under this partnership, Microsoft was responsible for building one of the top five supercomputers in the world. The facility has been made available for researchers working with Azure. Last September, Microsoft partnered again with OpenAI to gain an exclusive license for GPT-3. The tech giant was keen on gaining exclusivity because the new solution will help the company expand its AI platform to create new services and products. Microsoft's key partnership only helped it achieve the incredible feat to become a 2tn company.