BNP Paribas CIB extends AI deal with Google Cloud for five years

BNP Paribas SA is deepening its partnership with Alphabet's Google Cloud, extending it for five years. The bank is betting on artificial intelligence to boost efficiency, including in credit memos and research.

• BNP Paribas extends Google Cloud deal for five years
• Bank bets on AI to improve efficiency
• Focus areas include credit memos and research