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Benzinga
Benzinga
Business
Alex Perry

Klarna Announces AI Partnership With Google Cloud: What's Going On With The Buy Now, Pay Later Stock?

Klarna KLAR Google Google Cloud
Klarna, Shanghai,china-march,12th,2024:,Klarna,Company,Brand,Logo,On,Website

Shares of Klarna Group PLC (NASDAQ:KLAR) are volatile Thursday after the flexible payments firm announced a significant AI partnership with Google.

What To Know: The partnership will give the Swedish company, which is best known for its buy now, pay later product, access to Google Cloud’s complete AI stack, including models and infrastructure. Early pilots of the program have already driven 50% order growth and a 15% increase on time spent on the Klarna app.

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