Verizon CEO Eyes Billions in AI Infrastructure Opportunity

Wireless giant races to complete overhaul by November while cutting $5 billion in operating costs

Georgina Mackie

May 18, 2026 — 1 min read

Photo of Dan Schulman CEO of Verizon / AP

WASHINGTON, May 18, 2026 - Artificial intelligence represents a "once in a lifetime" revenue opportunity, the chief executive of a major wireless carrier said Monday, arguing the company's network infrastructure could generate billions supporting surging AI compute demand.

Verizon CEO Dan Schulman, chief executive of Verizon, made the comments during a fireside chat at the J.P. Morgan technology conference, outlining an accelerating AI overhaul and ambitions to profit from the broader AI buildout.

Post tagged in

Artifical Intelligence Verizon Dan Schulman T-Mobile JP Morgan AT&T

Appeals Court Sides With Fiber Provider in Railroad Crossing Dispute

Seventh Circuit says railroads can’t charge fiber providers for access without the property rights to do so

Verizon Offers $25K Reward to Catch Suspects Behind California Fiber Cuts

Fiber cuts are disrupting internet, emergency services and other critical communications

LPTV Stations Pitch FCC on New Datacasting Plan That Preserves Free TV

Unlike HC2 Broadcasting, XGN/X1 Mobile and Tyche Media promise to transmit at least one free over‑the‑air 720p program stream. Proposal would not be open to LPTV stations with cable must carry rights