Microsoft and Hitachi sign multi-billion dollar agreement to boost business development through next-generation artificial intelligence services

Hitachi Home Appliances North America Headquarters

Kathy Dewar

Microsoft(NASDAQ: MSFT) and Hitachi (OTCPK: HTHIY) (OTCPK: HTHIF) have entered into a three-year, potentially multi-billion-dollar strategic partnership to accelerate the adoption of artificial intelligence (AI) services.

The Tokyo-based company said the partnership will boost the growth of its Lumada business, with planned revenue of

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