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Coca-Cola signs $1.1 bln deal to use Microsoft cloud, AI services

April 25, 2024
Reuters
Summary
Coca-Cola has entered into a $1.1 billion, five-year contract with Microsoft to utilize its cloud computing and artificial intelligence services, including Azure OpenAI for developing chatbots and AI tools. This deal expands upon a previous agreement from 2020 and will explore Microsoft's AI capabilities like Copilot, which assists in summarizing communications and creating business presentations, alongside other conventional software like Dynamics 365 to boost productivity and efficiency at Coca-Cola.
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