Ginkgo Bioworks shares are trading higher after the company and Google Cloud announced a five-year strategic cloud and AI partnership, intended to enable Ginkgo to develop and deploy AI tools for biology and biosecurity.
Portfolio Pulse from Benzinga Newsdesk
Ginkgo Bioworks and Google Cloud have announced a five-year strategic cloud and AI partnership. The partnership aims to enable Ginkgo to develop and deploy AI tools for biology and biosecurity.
August 29, 2023 | 12:32 pm
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Ginkgo Bioworks' partnership with Google Cloud could boost its capabilities in developing and deploying AI tools for biology and biosecurity.
The partnership with Google Cloud, a leading cloud service provider, could significantly enhance Ginkgo Bioworks' capabilities in developing and deploying AI tools for biology and biosecurity. This could potentially lead to new revenue streams and growth opportunities for the company, positively impacting its stock price in the short term.
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