financetom
Business
financetom
/
Business
/
Microsoft to Provide UK's Sainsbury's Supermarkets With AI Tools
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Microsoft to Provide UK's Sainsbury's Supermarkets With AI Tools
May 17, 2024 4:25 AM

06:54 AM EDT, 05/17/2024 (MT Newswires) -- Microsoft ( MSFT ) and Sainsbury's signed a five-year deal to incorporate AI and machine learning technology into the British supermarket chain's operations and customer experience, the companies said Thursday.

No financial terms were disclosed.

Sainsbury's plans to use Microsoft ( MSFT ) software to improve shoppers' experience, improve store employee performance, and upgrade back-office operations to improve senior-level decision-making.

Price: 422.52, Change: +1.53, Percent Change: +0.36

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.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oriental Rise Closes $7 Million IPO; Shares Surge
Oriental Rise Closes $7 Million IPO; Shares Surge
Oct 18, 2024
03:58 PM EDT, 10/18/2024 (MT Newswires) -- Oriental Rise ( ORIS ) said Friday it closed a $7 million initial public offering of shares. The company said it sold about 1.8 million shares at $4 apiece. Underwriters for the IPO have a 45-day option to purchase up to an additional 262,500 shares, Oriental Rise ( ORIS ) added. The company's...
Striking union holds indirect discussions with Boeing about deal, helped by US government
Striking union holds indirect discussions with Boeing about deal, helped by US government
Oct 18, 2024
Oct 18 (Reuters) - A union representing striking machinists at Boeing ( BA ) said on Friday it is actively engaged in indirect discussions with the planemaker that are being facilitated by Acting U.S. Labor Secretary Julie Su. We are fully committed to these talks. It is our responsibility to attempt to reach a resolution, said the International Association of...
Brazil's Embraer delivers 57 non-defense aircraft in the third quarter
Brazil's Embraer delivers 57 non-defense aircraft in the third quarter
Oct 18, 2024
SAO PAULO (Reuters) - Brazilian planemaker Embraer delivered 57 non-defense aircraft in the third quarter, it said on Friday in a securities filing. The world's third-largest planemaker delivered 16 commercial and 41 executive jets in the three-month period ended in September. ...
BRIEF-Carlisle Companies Entered Into Securities Purchase With PFB Intermediate LLC & PFB Holdco, Inc
BRIEF-Carlisle Companies Entered Into Securities Purchase With PFB Intermediate LLC & PFB Holdco, Inc
Oct 18, 2024
Oct 18 (Reuters) - Carlisle Companies Inc ( CSL ): * CARLISLE COMPANIES INC ( CSL ): CO ENTERED INTO SECURITIES PURCHASE WITH PFB INTERMEDIATE LLC & PFB HOLDCO, INC * CARLISLE COMPANIES ( CSL ): CO AGREED TO ACQUIRE ALL OF EQUITY INTERESTS OF PFB IN EXCHANGE FOR CASH CONSIDERATION IN AMOUNT OF $259.5 MILLION Source text for Eikon:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved