{"id":12890,"date":"2024-04-24T15:43:44","date_gmt":"2024-04-24T12:43:44","guid":{"rendered":"https:\/\/forklog.com\/en\/coca-cola-to-invest-1-1-billion-in-microsofts-cloud-and-ai-services\/"},"modified":"2024-04-24T15:43:44","modified_gmt":"2024-04-24T12:43:44","slug":"coca-cola-to-invest-1-1-billion-in-microsofts-cloud-and-ai-services","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coca-cola-to-invest-1-1-billion-in-microsofts-cloud-and-ai-services\/","title":{"rendered":"Coca-Cola to Invest $1.1 Billion in Microsoft&#8217;s Cloud and AI Services"},"content":{"rendered":"<p>Microsoft and Coca-Cola have <a href=\"https:\/\/news.microsoft.com\/2024\/04\/23\/the-coca-cola-company-and-microsoft-announce-five-year-strategic-partnership-to-accelerate-cloud-and-generative-ai-initiatives\/\">entered<\/a> a five-year strategic partnership valued at $1.1 billion, aimed at integrating cutting-edge technologies, including generative AI, across all areas of the beverage maker&#8217;s business.<\/p>\n<p>The companies will jointly experiment with technologies such as Microsoft Cloud and Azure OpenAI Service to develop generative AI use cases in various Coca-Cola business functions, including marketing, production, and supply chain. They also plan to test how Copilot for Microsoft 365 can enhance employee productivity.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cThrough our partnership, we have made significant progress in accelerating AI transformation across Coca-Cola and its network of independent bottlers,\u201d said Microsoft Executive Vice President Judson Althoff.<\/cite><\/p><\/blockquote>\n<p>Coca-Cola has been using Azure OpenAI Service for about a year to optimize various areas of operation. The company is currently exploring the use of generative AI-based digital assistants to improve customer service quality, optimize operations, drive innovation, and increase efficiency.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cOur partnership with Microsoft is growing exponentially: from the $250 million agreement we initially announced in 2020 to $1.1 billion today,\u201d said The Coca-Cola Company President and CFO John Murphy.<\/cite><\/p><\/blockquote>\n<p>In April, Microsoft announced a $1.5 billion investment in the UAE&#8217;s AI industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft and Coca-Cola have entered a five-year strategic partnership valued at $1.1 billion, aimed at integrating cutting-edge technologies, including generative AI, across all areas of the beverage maker&#8217;s business. The companies will jointly experiment with technologies such as Microsoft Cloud and Azure OpenAI Service to develop generative AI use cases in various Coca-Cola business functions, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,15],"class_list":["post-12890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-microsoft"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=12890"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/12889"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=12890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=12890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=12890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}