Lumen Technologies shares are trading higher after the company announced it is partnering with Meta to significantly increase Meta's network capacity and help drive its AI ambitions.
Portfolio Pulse from Benzinga Newsdesk
Lumen Technologies' stock is rising following its partnership with Meta to enhance Meta's network capacity, supporting Meta's AI goals.
October 21, 2024 | 12:36 pm
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Lumen Technologies' shares are up due to a new partnership with Meta, aimed at expanding Meta's network capacity to support its AI projects.
The partnership with Meta is a significant development for Lumen Technologies, as it aligns with a major tech company's AI ambitions, likely boosting investor confidence and driving the stock price up.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90