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

EchoStar Says Subsidiaries Should be Able to Draw on FCC Trust

Dish Wireless and Dish DBS are planning to split their bankruptcy cases as Dish Wireless’s drags

Carr Names Hunter Deeley as FCC Enforcement Bureau Chief

Deeley is taking over for Patrick Webre.

House Subcommittee Advances Broadband Bills

Lawmakers are still working with stakeholders and the FCC to refine a bill on streamlining satellite licensing

For a Century, Journalists Have Had a Voluntary Ethics Code. Editors Are Giving it An AI-era Reboot

The SPJ believes these updates are crucial for maintaining journalistic integrity in a rapidly changing industry.

Popular Tags

FCC

Study Links Broadband Adoption to Lower 'Time Poverty'

Broadband's Impact

BEAD

NTIA

What We're Doing With '150 Years of American Telecommunications'

AT&T

Infrastructure