Verizon has reportedly signed a $1 billion agreement with Google to build a data center, marking a significant strategic reversal for the telecom giant. This move contrasts with Verizon’s sale of its entire data center portfolio to Equinix for $3.6 billion in 2017. Google itself invested over $1 billion in a Kansas City facility in 2024, with another major expansion planned in North Carolina in March 2026. As of now, neither Verizon nor Google has formally confirmed this $1 billion deal. The partnership does not appear to include any Web3 or crypto component, with both companies positioning themselves solely in traditional infrastructure and artificial intelligence.
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