GitLab Inc (NASDAQ:GTLB) shares are surging in extended trading on Tuesday after the company announced a collaboration with Google Cloud.
- GitLab stock is gaining positive traction. Why is GTLB stock advancing?
GitLab Expands Collaboration With Google Cloud
GitLab announced an expanded collaboration with Alphabet Inc’s (NASDAQ:GOOG)(NASDAQ:GOOGL) Google Cloud, allowing customers to power the GitLab Duo Agent Platform with the Vertex AI models they are already using.
AI agents can now call Vertex AI models, including Gemini models, with agent actions governed by GitLab’s built-in compliance and audit controls.
The deepened collaboration will allow teams to select models based on performance, cost or regulatory requirements. GitLab noted that all agent actions flow through the same access controls that developers already follow.
“AI agents are only as good as the context they operate on and the governance around them,” said Manav Khurana, chief product and marketing officer at GitLab.
“GitLab is where that context lives across issues, code, pipelines, security findings, and this partnership connects it to Vertex AI’s strongest models.”
GTLB Shares Rise After The Close
GTLB Price Action: GitLab shares were up 5.38% in after-hours Tuesday, trading at $21.16 at the time of publication, according to Benzinga Pro.
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