UiPath Soars on AI Partnerships with Tech Giants

UiPath Stock Is Surging Tuesday: What's Going On? - UiPath (NYSE:PATH)

UiPath, Inc. (NYSE:PATH) shares are trading higher Tuesday after the company announced a partnership with OpenAI to develop ChatGPT to integrate OpenAI frontier models with enterprise customer workflows. What To Know: UiPath said the collaboration with OpenAI will allow businesses to accelerate return on investment from agentic AI by simplifying the development and deployment of AI agents. The integration will bring ChatGPT Enterprise users access to UiPath automations and workflows, while UiPath Maestro will orchestrate UiPath, OpenAI, and third-party agents across business processes. The companies are also introducing a benchmark to evaluate and compare the performance of different AI models in interacting with computer systems, offering enterprises a flexible framework to test evolving agent capabilities. "We're moving fast on computer-use agents for enterprises, and evaluations are how we measure progress and set higher standards," said Giancarlo Lionetti, chief commercial officer at OpenAI. UiPath also announced a partnership with Snowflake Inc. (NYSE:SNOW) on Tuesday to unite UiPath's Agentic Automation Platform with Snowflake Cortex AI. The integration lets businesses orchestrate data-driven agents that act on insights from structured and unstructured data, bridging the gap between analysis and execution. UiPath said it will allow customers to move seamlessly from insight to action without overhauling existing systems. In addition, UiPath launched a conversational agent with voice interaction powered by Google Cloud's Gemini models. The feature enables natural voice commands for triggering and managing automation workflows, providing multilingual support, emotion-aware dialogue and real-time processing. UiPath said voice interactions make automation more intuitive and effective in dynamic, real-world tasks. Finally, UiPath unveiled a collaboration with NVIDIA Corporation (NASDAQ:NVDA) to integrate Nvidia Nemotron models and NIM microservices into UiPath's platform for high-trust scenarios such as fraud detection and healthcare workflows. The companies said the integration allows enterprises to securely deploy AI-powered agents for sensitive processes with enterprise-grade governance and transparency. Related Link: Stock Market Today: Nasdaq, Dow Futures Slip As Shutdown Standoff Drags On -- Cigna, Wolfspeed, Nike In Focus (UPDATED) PATH Price Action: At the time of writing, UiPath shares are trading 9.9% higher at $13.82, according to data from Benzinga Pro. Image via Shutterstock PATHUiPath Inc$13.9411.0%OverviewNVDANVIDIA Corp$185.431.97%SNOWSnowflake Inc$222.73-1.12% This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs

Why Shares of UiPath Are Soaring Today | The Motley Fool

Announcing partnerships with artificial intelligence (AI) leaders has a funny way of stoking investors' excitement. After bumping 2.9% higher yesterday, UiPath (PATH 10.35%) is maintaining its upward trajectory today. Investors are racing to buy shares of the automation platform provider after the company reported several announcements this morning, pointing to its growing adoption of artificial intelligence (AI) solutions. As of 9:50 a.m. ET, shares of UiPath are up 14.9%. UiPath announced today that it will partner with Nvidia on a more advantageous solution that provides AI capabilities to strengthen their existing automated workflows in high-trust scenarios like fraud detection or healthcare. The new offering will offer customers an Integration Service Connector that connects UiPath and Nvidia's NIM, which accelerates deployment of generative AI, as well as Nemotron, reasoning models that enhance AI deployment. Partnering with OpenAI, UiPath announced today that it will work to develop a ChatGPT connector that integrates OpenAI frontier models with UiPath's enterprise orchestration to provide enhanced enterprise customer workflows. According to UiPath, the two companies are "creating a benchmark for using computer-use models in agentic automation." A third partnership that UiPath announced today is with cloud computing leader Snowflake, which will see the two companies bring together UiPath's Agentic Automation platform with Snowflake's Corex AI, a platform for building AI agents. Graham Sheldon, UiPath's chief product officer, lauded the collaboration, stating, "By combining Snowflake Cortex AI with the UiPath Platform, customers can turn trusted insights into orchestrated action without reworking their existing systems." The several announcements that UiPath announced today are encouraging, and they demonstrate the company's commitment to remaining at the forefront of AI innovation. Even before today's announcements, UiPath was a compelling consideration, and today's news just adds to the bull case.

UiPath surges as it reveals new collaborations with Nvidia, OpenAI, Snowflake, Google (PATH:NYSE)

UiPath (NYSE:PATH) shares surged more than 10% during Tuesday market action after the automation solutions company announced an array of new collaborations with Nvidia (NVDA), OpenAI, Snowflake (SNOW) and Google (GOOG)(GOOGL). UiPath's automation abilities will combine with Nvidia's Nemotron models UiPath's collaborations will integrate advanced AI models and tools, enabling faster deployment of automation, improved conversational agents, and better orchestration of data-driven autonomous actions. Enterprises can gain more intuitive, accessible, and impactful automation, enhanced ability to turn insights into actions, and simplified AI agent deployment across flexible, secure environments. UiPath allows customers to scale automation with preferred AI providers, avoiding lock-in and adapting deployments for specific enterprise needs.