Lumen announces AI cable supply agreement with Corning

Lumen Technologies (LUMN) announced an agreement with Corning (GLW) for a “substantial supply” of next-generation optical cable. “This fiber-dense cable will more than double Lumen’s U.S. intercity fiber miles, offering significant capacity to major cloud data centers racing to stay ahead of AI workloads and high bandwidth applications fueled by massive amounts of data,” Lumen stated. “With this agreement, Lumen reserves 10% of Corning’s global fiber capacity for each of the next two years. The agreement, Lumen’s largest cable purchase, will equip Lumen to meet thenetwork infrastructure needs of major data center operators for years to come, including Microsoft, which announced last week that it’s investing with Lumen to support the rising demand on its data centers,” the company noted.