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Vodafone and Microsoft sign $1.5bn AI deal for 10 years
Vodafone and Microsoft strike a 10-year-deal worth $1.5 billion that will bring generative AI and cloud services across Europe and Africa.
Vodafone has announced a 10-year deal with Microsoft in a bid to scale its generative AI, digital services and cloud platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa. Vodafone reported better top-line growth in July, driven by higher prices in the UK and improvements in Germany, Italy and Spain, which marked a positive start for the new Chief Executive Margherita Della Valle’s turnaround plan. According to , Vodafone’s Chief Financial Officer Luka Mucic stated that Microsoft’s expertise in AI, bolstered by its partnership with OpenAI, is set to revolutionize the telecom company’s customer services.
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