BigBear.Ai Inc BBAI shares are in the spotlight Monday after the company announced an expanded partnership with Amazon.com Inc AMZN Web Services to deliver AI-driven solutions.
What To Know: BigBear.ai announced that it's working with Amazon Web Services (AWS) Professional Services (ProServe) on AI-driven solutions. As part of the collaboration, AWS ProServe customers will now be able to access BigBear's ProModel AI-driven warehousing solutions.
"This is a landmark moment for BigBear.ai, as our work with AWS will focus the power of AI on supply chains and logistics operations around the world," said Mandy Long, CEO of BigBear.ai.
"Supply chains are critical infrastructure to how our society operates, and we are doing our part to maximize efficiency and ensure continuity in this volatile time."
BigBear.ai noted that the company continues to focus on expanding its capabilities to serve the commercial enterprise sector.
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BBAI Price Action: BigBear.ai shares traded up around the $1.80 level before pulling back. The stock was up 1.15% at $1.76 at the time of publication, according to Benzinga Pro.
Photo: 6689062 from Pixabay.
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