CenturyLink Inc. announced a "several hundred million dollar" investment to build out and support edge computing services.

The investment will go toward creating more than 100 initial edge compute locations across the U.S. and providing a range of hybrid cloud and managed services.

CenturyLink anticipates working with companies building next-generation internet of things, artificial intelligence and machine learning applications, which require capacity at the local edge and public cloud core.

The company also announced that it is expanding its network colocation services in many of its key markets to help customers and partners run distributed IT workloads close to the edge of the network.