MGI - Media and Games Invest (A) Teams Up with Google Cloud for Strategic Alliance

• MGI - Media and Games Invest SE announces strategic collaboration with Google Cloud.
• The collaboration aims to consolidate MGI's marketplaces into one cloud infrastructure, driving economies of scale.
• The partnership is expected to result in significant cost savings of €20 million over the next four years.
• Google Cloud's AI expertise will be leveraged for operational synergies, improved performance, and market share growth.
• The majority of the consolidation is planned to be accomplished by mid-2025.
• MGI's AI-driven products, such as Moments.AI and ATOM, are expected to significantly benefit from Google Cloud’s advanced AI technology.

The price of MGI - Media and Games Invest Registered (A) at the time of the news was 1,6680EUR and was down -0,12 % compared with the previous day.

MGI - Media and Games Invest Registered (A)

-0,54 %

+6,37 %

+2,20 %

+73,31 %

+35,25 %

-5,60 %

ISIN:SE0018538068WKN:A3D3A1

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