Google and Bloomsbury Strategic Collaboration
Summary by AI BETAClose X
BLOOMSBURY PUBLISHING PLC
("Bloomsbury" or "the Company")
Google and Bloomsbury Strategic Collaboration
Bloomsbury announces a new strategic collaboration with Google Cloud focused on technology innovation, AI-powered learning and core publishing infrastructure. The collaboration will combine Bloomsbury's publishing expertise with secure AI technologies from Google Cloud, such as NotebookLM, Vertex AI and Gemini Enterprise. Gemini is Google's most capable family of multimodal AI models, and LearnLM is a specialized version of Gemini, fine-tuned for learning and knowledge synthesis.
Nigel Newton, Founder and Chief Executive of Bloomsbury, stated, "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."
In the Academic Division, Bloomsbury Digital Resources (BDR) is at the forefront of digital innovation as an established, trusted education provider. The educational landscape is rapidly evolving with AI-powered platforms, personalised learning tools and agentic technologies. BDR will continue to enhance its services by leveraging AI tools for increased discovery and engagement.
With an advanced AI infrastructure, Bloomsbury will benefit from data-driven and semantic search insights to improve trend analysis and drive book sales across Bloomsbury's entire catalogue, while custom print prediction models can improve inventory management.
The investment Bloomsbury is making in this strategic collaboration has been factored into the Company's existing capital expenditure plans. This collaboration will further Bloomsbury's mission to inspire, educate, and entertain readers through publications of excellence and originality.
Debbie Weinstein, President of Google in Europe, Middle East and Africa, said: "This collaboration demonstrates how Google Cloud's advanced AI capabilities, including Vertex AI and Gemini Enterprise, can empower leading organizations to transform their industries. We look forward to helping Bloomsbury revolutionise content discovery, enhance learning, and drive significant business growth through intelligent, scalable solutions."
For further information, please contact:
|
Bloomsbury Publishing Plc |
|
|
Tamsin Garrity, Group Investor Relations Director |
|
|
Hudson Sandler |
|
|
Dan de Belder / Hattie Dreyfus / Emily Brooker |
|
|
|
+44 (0) 20 7796 4133 |
Disclaimer
The information in this announcement has not been audited or otherwise independently verified and no representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. None of the Company or any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss whatsoever arising from any use of this announcement, or its contents, or otherwise arising in connection with this announcement.
This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any shares in the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment or investment decisions relating thereto, nor does it constitute a recommendation regarding the shares of the Company.
Certain statements, statistics and projections in this announcement are or may be forward looking. By their nature, forward-looking statements involve a number of risks, uncertainties or assumptions that may or may not occur and actual results or events may differ materially from those expressed or implied by the forward-looking statements. Accordingly, no assurance can be given that any particular expectation will be met and reliance should not be placed on any forward-looking statement. Accordingly, forward-looking statements contained in this announcement regarding past trends or activities should not be taken as representation that such trends or activities will continue in the future. You should not place undue reliance on forward-looking statements, which are based on the knowledge and information available only at the date of this announcement's preparation.
The Company does not undertake any obligation to update or keep current the information contained in this announcement, including any forward-looking statements, or to correct any inaccuracies which may become apparent and any opinions expressed in it are subject to change without notice.
References in this announcement to other reports or materials, such as a website address, have been provided to direct the reader to other sources of information on Bloomsbury Publishing Plc which may be of interest. Neither the content of Bloomsbury's website nor any website accessible by hyperlinks from Bloomsbury's website nor any additional materials contained or accessible thereon, are incorporated in, or form part of, this announcement.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 1 hour ago ASOS
- 1 hour ago MJ Gleeson
- 1 hour ago Rolls-Royce Holdings
- 2 hours ago Crest Nicholson Holdings
- 2 hours ago Naked Wines