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Stockreport

Merck investing $1 billion in Google Cloud AI partnership [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Under the agreement, Google Cloud engineers will be embedded with Merck's teams, and the company will gain access to the Gemini Enterprise platform, with the work spanning R&D, manufacturing, commercial, and corporate functions, the companies said. Although no fixed end date has been set, Williams told Reuters he expects the relationship to last at least ten years. "I easily see us investing a billion over the next several years in this, in those capabilities," he said. "We're not just buying tokens. It is really the tool set" Google Cloud offers, he added. On the practical side, Williams pointed to AI-assisted preparation of clinical study reports — an effort roughly two years in the making — as well as plans to simulate lab experiments digitally and streamline regulatory submissions. Separately, Google's tools have already halved both the time and expense involved in assembling country-specific reimbursement dossiers, he said, and that work is being rolled out worldwide. Will [Read more]
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Stockreport

Merck investing $1 billion in Google Cloud AI partnership [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Under the agreement, Google Cloud engineers will be embedded with Merck's teams, and the company will gain access to the Gemini Enterprise platform, with the work spanning R&D, manufacturing, commercial, and corporate functions, the companies said. Although no fixed end date has been set, Williams told Reuters he expects the relationship to last at least ten years. "I easily see us investing a billion over the next several years in this, in those capabilities," he said. "We're not just buying tokens. It is really the tool set" Google Cloud offers, he added. On the practical side, Williams pointed to AI-assisted preparation of clinical study reports — an effort roughly two years in the making — as well as plans to simulate lab experiments digitally and streamline regulatory submissions. Separately, Google's tools have already halved both the time and expense involved in assembling country-specific reimbursement dossiers, he said, and that work is being rolled out worldwide. Will [Read more]
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