Verizon Communications Inc. (stock symbol: VZ) announced on Tuesday a collaboration with NVIDIA to develop a brand new solution that leverages Verizon's reliable 5G private network and private mobile edge computing (MEC) technology to run various artificial intelligence (AI) applications. This new AI-driven private 5G platform stack, co-developed by Verizon and NVIDIA, is designed for plug-and-play implementation to help third-party developers innovate.

Verizon has introduced AI technology to prevent network disruptions, particularly those caused by accidental cuts to underground fiber optic lines during construction. These incidents result in thousands of problems each year, affecting businesses and remote workers. To address this issue, Verizon has integrated the national 'Call Before You Dig' program to help understand the distribution of underground lines before excavation. However, with over 10 million digging requests each year, manual reviews have become cumbersome. Verizon utilizes AI to analyze historical data and current activities.