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Verizon has unveiled Verizon AI Connect, an integrated suite of solutions aimed at enabling businesses to manage AI workloads at scale, addressing the growing demand for network capacity and computational power. This initiative is particularly designed for hyperscalers, cloud providers, and global enterprises, with an emphasis on facilitating real-time decision-making or inferencing, a trend expected to significantly rise by 2030. Verizon has collaborated with companies like Google Cloud, Meta, NVIDIA, and Vultr to expand its AI ecosystem, highlighting its network's capacity to support demanding AI workloads. These partnerships aim to enhance network infrastructure, providing low-latency connectivity and robust computing power necessary for AI advancements.
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Alphabet last closed at $191.81 down 4.2%.
In other market news, HubSpot was a notable mover up 4.4% and finishing the session at $758.43, hovering around its 52-week high. In the meantime, Nebius Group lagged, down 37.4% to end the day at $26.08.
Best Cloud AI Stocks
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Apple closed at $229.86 up 3.2%.
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Microsoft closed at $434.56 down 2.1%. Microsoft is reportedly in talks to acquire TikTok, as stated by U.S. President Trump yesterday.
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Super Micro Computer settled at $29.07 down 12.6%.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.