Kenvue (KVUE) said Wednesday it will collaborate with Microsoft (MSFT) to help modernize its digital operations.
The health products maker will scale its use of Microsoft Azure to capitalize on its services including data analytics and artificial intelligence over the next five years.
Kenvue said it is already piloting the use of systems and tools that integrate Azure AI and other Microsoft products in connection with supply chain and operations, among other things.
Shares of Kenvue were up 3.6% in recent premarket activity, while Microsoft fell 0.9%.
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