DigiPower X taps former Verizon CEO to advise pivot to AI [Yahoo! Finance]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance
Vestberg will serve as a Senior Advisor focusing on power optimization and strategic partnerships with hyperscalers. He previously led Verizon, as well as Swedish telecoms company Ericsson, during critical periods of heavy capital deployment and network modernization. Vestberg highlighted the shifting bottlenecks in the technology sector upon his appointment. “The constraint on AI scaling is no longer chips but power availability and deployment speed,” Vestberg stated in the announcement. The #1 podcast for emerging tech stocks, Bitcoin, and weekly news analysis. Subscribe to the Blockspace Podcast here, on Apple, Spotify, or anywhere you listen to podcasts. The company aims to leverage Vestberg's experience to gain credibility with institutional investors. DigiPower X recently transitioned its business model from cryptocurrency mining to AI/HPC services. The company deploys modular tier-3 data centers directly at sites where it owns power generation assets. In the same adv
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VZ
News
- Verizon Communications (NYSE:VZ) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b-)" rating.MarketBeat
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VZ
Earnings
- 1/30/26 - Beat
VZ
Sec Filings
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- VZ's page on the SEC website