Google signed an agreement worth more than $1 billion with Verizon for dark fiber connectivity.
The deal links Google’s data centers to support the infrastructure requirements of artificial intelligence workloads.
Verizon CEO Dan Schulman announced the partnership during a second-quarter earnings call on July 24, 2026.
The move allows Verizon to monetize its fiber network by meeting high-capacity demand from hyperscalers.
This demand for data transport is driven by the ongoing expansion of AI technology.