Fun

Coca‑Cola pours $1.1B into generative AI experiment with Microsoft

News Feed - 2024-04-24 07:04:10

Arijit Sarkar13 hours agoCoca‑Cola pours $1.1B into generative AI experiment with MicrosoftMicrosoft intends to use services like Azure OpenAI Service and Copilot for Microsoft 365 to help drive AI innovation for the Coca‑Cola Company and its network of independent bottlers worldwide.1473 Total views3 Total sharesNewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe Coca-Cola Company has signed a five-year deal with Microsoft to develop and integrate artificial intelligence (AI) use cases across various business functions.


Coca‑Cola committed $1.1 billion to the Microsoft Cloud for its generative AI and cloud capabilities. According to the announcement made on April 23, the duo will jointly experiment with Azure OpenAI Service and other technologies “to develop innovative generative AI use cases across various business functions.”


In addition, the companies will experiment with the Microsoft Copilot Microsoft 365 AI assistant to test its efficacy in improving workplace productivity.


As part of the drive, Coca-Cola migrated all its applications to Microsoft Azure. Judson Althoff, the executive vice president and chief commercial officer at Microsoft, said:“Through our long-term partnership, we have made significant progress to accelerate system-wide AI Transformation across The Coca‑Cola Company and its network of independent bottlers worldwide.”


Using Azure OpenAI Service, Coca-Cola is currently exploring the use of generative AI-powered digital assistants to improve performance metrics related to customer experiences, streamline operations, and improve efficiency, among other things.


Coca-Cola’s AI partnership with Microsoft dates back to 2020, which started off as a $250 million agreement. “Microsoft’s capabilities help accelerate our adoption of AI to create incremental enterprise value,” said Neeraj Tolmare, senior vice president and global chief information officer for The Coca-Cola Company.


Related:Microsoft pours $1.5B into UAE AI company, sets sights on global expansion


On April 9, Microsoft AI executive vice president and CEO Mustafa Suleyman revealed the firm’s plans to make a “significant, long-term investment” in the United Kingdom as they start scouting potential candidates in the region.


In a blog post, Suleyman said:“There is an enormous pool of AI talent and expertise in the U.K., and Microsoft AI plans to make a significant, long-term investment in the region as we begin hiring the best AI scientists and engineers into this new AI hub.”


Suleyman’s statements came as he announced the creation of an AI hub in the United Kingdom. The hub’s goal is to advance AI language models and their infrastructure.


In addition, it would also create tooling for foundation models and collaborate with its AI teams across the globe and its partners like OpenAI.


Magazine:Lazarus Group’s favorite exploit revealed — Crypto hacks analysis# Adoption# Microsoft# AI# Azure# Cloud ServicesAdd reaction

News Feed

Another Member of Russian Crypto Pyramid Finiko Arrested in UAE
Another Member of Russian Crypto Pyramid Finiko Arrested in UAE Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his ro
GameStop's Roaring Kitty posts first livestream in 3 years— price reacts
Vince QuillJun 07, 2024GameStop"s Roaring Kitty posts first livestream in 3 years— price reactsThe meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube l
Tom Mitchelhill7 hours agoBrazil’s Congress puts Binance CEO CZ in crosshairs for indictmentA congressional committee has recommended that Changpeng Zhao and three local Binance executives be indicted for fraud and oth
Bitcoin Price At $145,000 In September? Bullish Dojis Suggest Upward Move
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin ‘deep value is over’ says analyst as BTC price nears $70K line
William Suberg13 hours agoBitcoin ‘deep value is over’ says analyst as BTC price nears $70K lineBitcoin at just under $70,000 is “fairly priced” in terms of energy expenditure, the latest analysis of on-chain BTC
Crypto Taxes 2022: Here’s What You Need to Know According to CoinTracking
Crypto Taxes 2022: Here’s What You Need to Know According to CoinTracking press release PRESS RELEASE. Crypto changes quickly, with new tax laws and regulations coming to several
GAIMIN Increases Brand Awareness in Esports
GAIMIN Increases Brand Awareness in Esports press release PRESS RELEASE. Zug, Switzerland, 18thMarch 2022: GAIMIN increases brand awareness in esports.
William Suberg10 hours agoBitcoin metric with ‘100% long hit rate’ predicts $23K BTC price floorBitcoin chart signals are pointing to an incoming macro bottom level, according to a BTC price metric with a flawless hi
Meet CoinDesk Next Week in Tokyo
CoinDesk will be in Tokyo and we’re excited to meet our readers on Monday, October 14 at 6 p.m. CoinDesk Japan will be hosting this informal event.
Square-Enix backs blockchain-based football MMO ‘Soccerverse’
Tristan Greene2 hours agoSquare-Enix backs blockchain-based football MMO ‘Soccerverse’The game uses the Polygon blockchain and currently runs in most browsers.340 Total viewsListen to article 0:00NewsOwn this piece o
US Senator Launches Investigation Into ‘How Cryptocurrencies Facilitate Cybercrimes’
US Senator Launches Investigation Into "How Cryptocurrencies Facilitate Cybercrimes" A U.S. senator has launched an investigation into the rise of ransomware att
Solana NFTs hit $5B in sales, Greg Solano takes reins at Yuga Labs: Nifty Newsletter
Ezra Reguerra4 hours agoSolana NFTs hit $5B in sales, Greg Solano takes reins at Yuga Labs: Nifty NewsletterSolana-based nonfungible tokens have reached a new milestone, hitting $5 billion in all-time sales volume in Feb