-- UiPath (PATH) said Wednesday it launched its Intelligent Xtraction and Processing, or IXP, solution available on Alphabet's (GOOG, GOOGL) Google Cloud Marketplace and will use Gemini as the default third-party model for new IXP projects.
Financial terms were not disclosed.
The agentic business orchestration and automation company said IXP is designed to automate the extraction and interpretation of data from structured and unstructured documents.
UiPath said the Gemini integration is expected to improve processing speed and accuracy for more complex documents.
Shares of UiPath were 1.7% higher in Wednesday trading.
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