Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Bloomsbury inks AI deal with Google Cloud

(Sharecast News) - Bloomsbury Publishing announced a strategic collaboration with Google Cloud on Wednesday, to accelerate its use of artificial intelligence across digital learning, content discovery and core publishing operations. The London-listed firm said the agreement would see the publisher integrate Google's AI technologies, including NotebookLM, Vertex AI and Gemini Enterprise, to enhance academic services, improve search and trend analysis, and optimise inventory management.

Nigel Newton, Bloomsbury's founder and chief executive, said the initiative underscored the company's ambition to expand the reach of its catalogue and deepen engagement with readers.

"Bloomsbury is pleased to be working with Google in this collaboration to demonstrate how cutting-edge technology can increase the discovery and sales of books, as well as transform engagement with content to improve learning outcomes," he said.

Bloomsbury Digital Resources, the company's academic arm, would use the tools to develop AI-driven platforms and personalised learning services, reflecting the growing adoption of agent-based and data-led educational technology.

The company said the investment required had already been incorporated into its existing capital expenditure plans.

It said the partnership would also allow the company to deploy semantic search and predictive analytics across its publishing infrastructure.

The firm said it expected improved trend analysis to support commercial decisions and custom print prediction models to reduce waste and refine stock management.

At 0939 GMT, shares in Bloomsbury Publishing were up 4.96% at 518p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Deutsche Bank downgrades B&M, Wickes, Currys and Dunelm
(Sharecast News) - Deutsche Bank downgraded a host of UK retailers on Friday, saying the biggest debate right now is whether we are in the "calm before the storm" with regards the inflationary impact on consumer spending and retailer margins or whether we are creating a "storm in a teacup".
Deutsche Bank downgrades B&M, Wickes, Currys and Dunelm
(Sharecast News) - Deutsche Bank downgraded a host of UK retailers on Friday, saying the biggest debate right now is whether we are in the "calm before the storm" with regards the inflationary impact on consumer spending and retailer margins or whether we are creating a "storm in a teacup".
BoE's Bailey says above‑target inflation tolerable for now amid Middle East uncertainty
(Sharecast News) - Bank of England governor Andrew Bailey said on Friday that allowing inflation to sit above the central bank's 2% target was justified for now, given the uncertainty created by the Iran war and the UK's weak growth backdrop.
Dell surges as AI boom drives record revenue growth
(Sharecast News) - Dell Technologies posted its strongest revenue growth since returning to public markets on Thursday, comfortably beating Wall Street expectations and sending shares as much as 39% higher in extended trading.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.