23.04.2024 15:46:40 - dpa-AFX: Coca-Cola Makes $1.1 Bln Commitment To Microsoft Cloud, Generative AI Capabilities

ATLANTA (dpa-AFX) - Microsoft Corp. and The Coca-Cola Company announced a
five-year strategic partnership. Coca-Cola has made a $1.1 billion commitment
to the Microsoft Cloud and its generative AI capabilities. The collaboration
underscores Coca-Cola's technology transformation, underpinned by the Microsoft
Cloud as Coca-Cola's globally preferred and strategic cloud and AI platform.

John Murphy, CFO of The Coca-Cola Company, said: 'Our partnership with Microsoft
has grown exponentially, from the $250 million agreement we initially announced
in 2020 to $1.1 billion today.'

Microsoft said the agreement reflects a significant step in advancing
Coca-Cola's digital transformation, focused on providing expanded access to
Microsoft's cloud and AI platforms - as well as solutions such as Microsoft 365,
Power BI, Dynamics 365, Defender and Fabric.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
COCA-COLA CO. DL-,25 850663 Frankfurt 57,290 27.05.24 19:18:42 -0,030 -0,05% 0,000 0,000 57,290 57,320
MICROSOFT DL-,00000625 870747 Frankfurt 398,350 27.05.24 21:56:49 +1,950 +0,49% 0,000 0,000 396,800 396,400

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH