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PHILADELPHIA - Comcast (NASDAQ:CMCSA), a $117.5 billion market cap telecommunications giant with annual revenues exceeding $124 billion, has begun deploying AI-powered network amplifiers across all its U.S. markets in what the company describes as the industry’s largest rollout of such technology, according to a press release issued Friday.
The new intelligent devices are being installed at the edge of Comcast’s network infrastructure, positioning AI capabilities closer to customer homes and businesses. These amplifiers can self-monitor, self-heal, and perform self-maintenance functions, bringing real-time decision-making capabilities to the network edge.
The deployment is part of Comcast’s ongoing Project Genesis initiative, which aims to virtualize the company’s network infrastructure. The project has currently reached more than 50 percent of Comcast’s service area and is expected to cover 70 percent by the end of 2025. According to InvestingPro analysis, the company appears undervalued despite these significant infrastructure investments, suggesting potential upside for investors. InvestingPro data shows the company maintains strong financial health with a "GOOD" overall rating.
"We’ve pushed AI closer to our customers than any other provider to build the most intelligent broadband network in the country," said Elad Nafshi, Chief Network Officer, Connectivity and Platforms at Comcast.
According to the company, its AI systems already analyze 10,000 data points on 30 million network devices every hour to enhance in-home WiFi performance. The technology also helps detect network outages during extreme weather events and automatically boosts capacity during unexpected traffic spikes.
The new amplifiers will enable additional capabilities, including agentic AI that can identify fiber cuts and reroute data traffic automatically while repairs are underway. Other AI agents being tested can identify and mitigate cyber threats or optimize power usage based on data consumption patterns.
Comcast (NASDAQ:CMCSA) provides broadband, wireless, and video services through its Xfinity and Comcast Business brands in the United States.
In other recent news, Comcast Corporation has implemented artificial intelligence technology to enhance internet service restoration following power outages. This technology, tested during the 2024 hurricane season, reportedly improves storm recovery effectiveness by 50% in affected areas. Additionally, Comcast announced its plan to redeem $2.47 billion in 3.950% notes due in October 2025, with the redemption scheduled for September 22, 2025. On the financial front, UBS has maintained its Neutral rating and $36 price target for Comcast, reflecting the company’s connectivity investments. Similarly, Bernstein reiterated its Market Perform rating and $36 price target, expecting healthy ARPU growth of approximately 3% for the third quarter. RBC Capital initiated coverage with a Sector Perform rating and a $38 price target, highlighting competition from fiber and fixed wireless access providers as challenges for Comcast. These developments reflect Comcast’s strategic and financial maneuvers amidst competitive pressures and technological advancements.
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