Home Depot Extends Google Cloud Partnership To Include AI Capabilities

Home Depot Inc HD will continue its relationship with Alphabet Inc GOOGL Google Cloud to help customers in their home improvement projects.

The two companies have collaborated closely since 2015 to innovate retail technology, whether in-store, online, or most often, a blend of the two interactions.

The multi-year partnership involves the Home Depot accessing Google Cloud’s AI capabilities to enhance the customer experience and optimize operations. 

It will also include tapping technologies like machine learning, computer vision, and generative AI to enhance the retailer’s inventory management operations and improve its overall supply chain efficiency.

“As one of the first major retailers to migrate our website to the cloud, Google has been a critical partner as we have built an interconnected shopping experience for our customers,” said EVP and CIO Fahim Siddiqui.

“Our technology team looks forward to continuing to work closely with Google to remove friction for our customers when they shop with us and to stay on the cutting edge of retail technology.”

Google Cloud is responsible for some of Home Depot's digital innovations including the launch of the Sidekick mobile app, the rollout of Home Depot's enhanced online search experience and the handling of an unprecedented surge in online customer demand in 2020.

Price Action: HD shares closed lower by 3.00% at $350.56 on Wednesday.