- Reuters
Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services
Microsoft said on Tuesday that Coca-Cola had signed a $1.1 billion five-year deal to use its cloud computing and artificial intelligence services. Coca-Cola had in 2020 signed a five-year deal worth $250 million to use Microsoft's cloud and business software. The two companies said Coca-Cola would test Microsoft's Copilot offerings to see how the tools improve productivity for the beverage maker.
- Reuters
Coca-Cola signs $1.1 bln deal to use Microsoft cloud, AI services
Microsoft said on Tuesday that Coca-Cola had signed a $1.1 billion five-year deal to use its cloud computing and artificial intelligence services. Coca-Cola had in 2020 signed a five-year deal worth $250 million to use Microsoft's cloud and business software. The two companies said Coca-Cola would test Microsoft's Copilot offerings to see how the tools improve productivity for the beverage maker.
- Zacks
PepsiCo (PEP) Q1 Earnings and Revenues Beat Estimates
PepsiCo (PEP) delivered earnings and revenue surprises of 5.92% and 0.62%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
