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.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Coca-Cola Company 850663 NYSE 62,350 06.05.24 22:00:06 +0,180 +0,29% 62,300 62,330 62,300 62,170
Microsoft Corp 870747 NASDAQ 413,540 06.05.24 22:00:10 +6,880 +1,69% 413,560 413,600 408,760 406,660

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