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Stockreport

Merck to partner with Google Cloud on AI initiatives [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
artificial intelligence capabilities, investing ?as much as $1 billion with Google over a number of years to fund AI ?infrastructure, engineers and licensing of the tech company's Gemini Enterprise platform. The partnership, announced at Google's Cloud Next conference in ?Las Vegas, builds on work already underway between the companies and includes Google Cloud engineers working alongside Merck teams, executives from both companies said. "I easily see us investing a billion over the next several years in this, in those capabilities," Dave Williams, Merck's chief information and digital officer, said in ?an interview. "We're not just buying ?tokens. It is really the tool set" Google Cloud offers, he said, including Gemini Enterprise and the company's engineers. Williams said the companies haven't defined a ?specific time frame for the collaboration, but he expects it to be at least a decade-long partnership. The companies said the partnership will work to deploy AI across Merck [Read more]
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Stockreport

Merck to partner with Google Cloud on AI initiatives [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
artificial intelligence capabilities, investing ?as much as $1 billion with Google over a number of years to fund AI ?infrastructure, engineers and licensing of the tech company's Gemini Enterprise platform. The partnership, announced at Google's Cloud Next conference in ?Las Vegas, builds on work already underway between the companies and includes Google Cloud engineers working alongside Merck teams, executives from both companies said. "I easily see us investing a billion over the next several years in this, in those capabilities," Dave Williams, Merck's chief information and digital officer, said in ?an interview. "We're not just buying ?tokens. It is really the tool set" Google Cloud offers, he said, including Gemini Enterprise and the company's engineers. Williams said the companies haven't defined a ?specific time frame for the collaboration, but he expects it to be at least a decade-long partnership. The companies said the partnership will work to deploy AI across Merck [Read more]
IMPACT SNAPSHOT
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GOOG
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Price Change %
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%
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Performance comparison Updated
EVENT DAY
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LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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%
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%
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TICKS
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS