Google Enters Partnership With French Shipping Giant to Support AI Adoption-March 2024-www.financetom.com

Google Enters Partnership With French Shipping Giant to Support AI Adoption

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Google Enters Partnership With French Shipping Giant to Support AI Adoption

Jul 18, 2024 6:13 AM

08:49 AM EDT, 07/18/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) has entered into a partnership with French shipping company CMA CGM to accelerate the adoption of artificial intelligence across its operations, the companies said Thursday.

The collaboration "aims to revolutionize shipping by enhancing efficiency, responsiveness, and adaptability to market fluctuations and disruptions," the companies said.

CMA's logistics arm will use a smart management tool built on Google ( GOOG ) technology to enhance the operation of its 10.3 million square meters of warehouse space, the companies said

In addition, CMA Media will be supported by Google's ( GOOG ) AI capabilities to help journalists in tasks such as synthesizing and translating documents and digitizing and referencing archives, the companies added.

Financial terms of the collaboration were not disclosed.

Price: 183.39, Change: +0.77, Percent Change: +0.42

Previous page： ConocoPhillips in Advanced Talks to Buy Marathon Oil in $15 Billion Deal, Financial Times Reports Next page： Bank of Montreal Misses Q2 Profit, Revenue Estimates, Raises Dividend; Shares Fall Over 1% in U.S. Premarket Trading

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

ConocoPhillips in Advanced Talks to Buy Marathon Oil in $15 Billion Deal, Financial Times Reports

May 29, 2024

06:40 AM EDT, 05/29/2024 (MT Newswires) -- ConocoPhillips ( COP ) is in advanced discussions to acquire Marathon Oil ( MRO ) in an all-stock deal, valuing the latter at over $15 billion, the Financial Times reported on Wednesday, citing unnamed people briefed on the matter. A deal seemed imminent late Tuesday but risks remain, including the potential for rival...

Bank of Montreal Misses Q2 Profit, Revenue Estimates, Raises Dividend; Shares Fall Over 1% in U.S. Premarket Trading

May 29, 2024

06:34 AM EDT, 05/29/2024 (MT Newswires) -- Bank of Montreal ( NRGD ) missed estimates for its second-quarter profit and revenue, pushing the shares lower in premarket trading in the U.S. On Wednesday, the bank reported fiscal second-quarter net income of $1.87 billion, or $2.36 per diluted share, up from $1.03 billion, or $1.26 per diluted share, a year earlier....

NexGen Completes Purchase of 2.7 Million Pounds of Uranium for US$250 Million

May 29, 2024

06:38 AM EDT, 05/29/2024 (MT Newswires) -- NexGen Energy ( NXE ) overnight Tuesday said it completed its purchase of around 2.7 million pounds of natural uranium concentrate (U3O8) for US$250 million. To cover the cost, the company issued US$250 million in five-year, 9% per annum unsecured convertible debentures. Having access to 2.7 million pounds of uranium at surface in...

National Bank of Canada's profit rises on wealth management unit strength

May 29, 2024

May 29 (Reuters) - National Bank of Canada ( NTIOF ) reported a rise in second-quarter net profit on Wednesday, helped by strong performance in its wealth management unit. Profit rose to C$906 million ($662.9 million), or C$2.54 per share, for the three months ended April 30, from C$832 million, or C$2.34 per share, a year earlier. ($1 = 1.3667...