Telstra and Woolworths’ Quantium to form new data and AI joint venture

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Telstra and Quantium have announced plans to start a new joint venture to help existing telco achieve its T25 data and AI objectives.

Under the agreement, Quantium will integrate its data science and AI capabilities with Telstra customer, product, and network data assets to target Telstra business customers in sectors such as mining, agribusiness, and supply chain.

According to Telstra, merging the two companies will create a new “all-in-one technical stack” for its industrial customers, which will be delivered in partnership with Telstra Purple.

At the same time, the partnership will use the Telstra Data Hub to enable businesses and government customers to share and consolidate their data, while using the vast Quantium data capabilities, adds Telstra.

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