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Barchart
Barchart
Pathikrit Bose

ArcelorMittal & Microsoft Deepen Partnership With Azure. How to Play MT Stock Here.

When they say the current wave of AI is a revolution, they are not far from the truth. AI's proliferation across industries is rising by the day and is now not just restricted to healthcare, automobiles, or content creation anymore. Companies from heavy industries such as steel are also rapidly incorporating the technology in their operations.

Notably, the world's second-largest steel producer, ArcelorMittal (MT), has extended its partnership with tech titan Microsoft (MSFT) to adopt Azure as its primary cloud computing platform. In a statement, the company said, "Together, these advances will empower ArcelorMittal to turn data into a strategic asset, enabling faster, smarter decisions and sustained competitive advantage as the company advances its long-term digital transformation."

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