Verizon signs $1B deal with Google for dark fiber infrastructure as AI data demands surge

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Verizon has signed a deal worth over $1 billion with Google to light up dark fiber connecting the tech giant’s data centers. This infrastructure creates high-speed, high-capacity connections critical for AI workloads that require moving enormous volumes of data between facilities. CEO Dan Schulman announced the deal during Verizon’s Q2 2026 earnings call. The company also hinted that additional connectivity deals potentially worth billions more could emerge before the end of 2026, with the CEO raising full-year guidance during the call.

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