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SABR Sabre Corporation

3.14
0.01 (0.32%)
Pre Market
Last Updated: 13:34:02
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sabre Corporation NASDAQ:SABR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 0.32% 3.14 3.01 3.19 3,656 13:34:02

Sabre Shares Up 15% After AI Partnership With Google

22/10/2020 6:35pm

Dow Jones News


Sabre (NASDAQ:SABR)
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By Chris Wack

 

Sabre Corp. shares were up 15% to $7.64 Thursday after the company said it and Google are developing an artificial intelligence-driven technology platform for travel.

Sabre said the technology, known as Sabre Travel AI, will be infused with Google's AI technology and advanced machine-learning capabilities that will help customers to deliver relevant and personalized content more quickly, delivers personalized content that better meets the travelers' demands, and create expands revenue and margin growth opportunities.

Sabre is integrating Sabre Travel AI into certain products in its existing portfolio, with plans to bring those to market in early 2021. Sabre Travel AI will use real-time shopping information and travel-specific business insights.

Sabre said its strategic partners, such as Google, won't have the right to access or use any of the company's or its customers' data. How that data resides in Google Cloud is managed by the company.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

October 22, 2020 13:20 ET (17:20 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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