Comcast And Broadcom To Develop World's First AI-Powered Access Network, Aiming For Late 2024 Roll Out
Portfolio Pulse from Nabaparna Bhattacharya
Comcast Corporation and Broadcom Inc. are collaborating to develop the world's first AI-powered access network, with a roll out expected in late 2024. The network will feature a new chipset that incorporates AI and machine learning within the nodes, amps, and modems of Comcast's network. The companies aim to automate more network functions and enhance customer experience. Broadcom shares are trading lower by 1.58% to $888.46, while Comcast shares are up 0.64% to $44.54.
October 17, 2023 | 4:28 pm
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POSITIVE IMPACT
Comcast is partnering with Broadcom to develop an AI-powered network, which could enhance its operations and customer experience.
The partnership with Broadcom to develop an AI-powered network could significantly enhance Comcast's operations and customer experience, potentially leading to increased customer satisfaction and revenues in the long term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Broadcom is collaborating with Comcast to develop an AI-powered network, but its shares are currently trading lower.
Despite the promising partnership with Comcast, Broadcom's shares are currently trading lower. The impact of the partnership on Broadcom's stock price will likely be more evident closer to the network's roll out in 2024.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100