Xometry Announced Contract With Google Cloud To Leverage Vertex AI To Help Accelerate The Deployment Of New Auto-quote Methods And Models
Portfolio Pulse from Benzinga Newsdesk
Xometry has announced a contract with Google Cloud to leverage Vertex AI to accelerate the deployment of new auto-quote methods and models.
November 09, 2023 | 12:38 pm
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POSITIVE IMPACT
Google Cloud's contract with Xometry to provide Vertex AI for new auto-quote methods and models expands its customer base and showcases its AI capabilities.
The contract with Xometry expands Google Cloud's customer base and showcases its AI capabilities. This could potentially attract more customers and increase revenues, positively impacting the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75
POSITIVE IMPACT
Xometry's partnership with Google Cloud to leverage Vertex AI could lead to faster deployment of new auto-quote methods and models, potentially improving their service offering and competitive edge.
The partnership with Google Cloud allows Xometry to leverage advanced AI technology, which could lead to improvements in their service offering. This could potentially attract more customers and increase revenues, positively impacting the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100