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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Lumen Technologies Inc | NYSE:LUMN | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.2001 | -3.34% | 5.7899 | 6.27 | 5.67 | 6.00 | 12,909,984 | 21:13:55 |
DENVER, Nov. 5, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) announced a partnership with Google Cloud that is accelerating Lumen's digital transformation and driving innovation for billions of Google customers.
Lumen Chooses Google to Build 'Digital Twin', Drive AI Innovation
Lumen is partnering with Google Cloud to power AIOps and proactive data insights across its network, as Lumen continues to drive operational efficiencies. Using Google Cloud's infrastructure, databases, and BigQuery data and analytics platform, the company has built Lumen® Digital Twin powered by AI providing real-time insights across the Lumen network. These insights help Lumen proactively detect and quickly resolve network issues before they reach its customers.
In addition, Google Cloud's Vertex AI platform and Gemini models will enable new and innovative applications to help Lumen avoid unnecessary technician dispatches; improve field, agent and customer support; and enhance website search functionality. These efforts help Lumen increase operational efficiency, reduce costs, and improve the customer experience.
"We're transforming our operations top to bottom to deliver outstanding customer service and operate a more efficient business," said Dave Ward, Lumen Chief Technology and Product Officer. "Google Cloud's expertise and AI technologies are key enablers for our company, allowing us to use our Lumen Digital Twin network technology to test new capabilities and improvements before we deploy them."
"We are at a pivotal moment as gen AI drives true business transformations across industries," said Bikash Koley, VP, Global Networking & Infrastructure, Google Cloud. "Lumen is a trusted network for AI, and we are excited to partner with them to provide real-time insights and operational improvements and drive meaningful business outcomes for organizations worldwide."
Lumen's Private Connectivity Fabric℠ Expands Google Network Capabilities
As part of this announcement, Google Cloud has chosen Lumen to expand its network capabilities using the extensive, diverse Lumen network to support demand growth for Google Cloud services and AI innovations. Lumen Private Connectivity Fabric℠ will provide dedicated access to existing fiber in the Lumen network, and Lumen will install new fiber on existing and new routes.
About Lumen Technologies
Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI's full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, X: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies, and YouTube: /lumentechnologies.
Forward Looking Statements
Except for the historical and factual information contained herein, the matters set forth in this press release, including statements related to the benefits of the parties' collaboration, the parties' business outlook and potential future operations or transactions, and that may be identified by words such as "will," "believes," "expects," "plans" and similar expressions, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including the risks that the parties' anticipated benefits from their agreement and continued collaboration may take longer to be realized or be less substantial than currently anticipated, that the benefits of AI, ML and other emerging technologies may take longer to be realized or be less substantial than currently anticipated, or that certain of the parties' plans for future changes may be more difficult or time consuming to implement than currently expected. Many of these risks, uncertainties and assumptions are beyond the parties' control. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date made. Unless legally required, neither party undertakes any obligation and expressly disclaims any such obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Lumen Technologies
Copyright 2024 PR Newswire
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