Why Is Cineverse (CNVS) Stock Up 50% Today?

Cineverse (NASDAQ:CNVS) stock is rising higher on Thursday after the company announced a new partnership with Alphabet’s (NASDAQ:GOOGL, NASDAQ:GOOG) Google Cloud.Cineverse says that this has it using Google Cloud’s Vertex AI Search to develop its cineSearch technology. This is an artificial intelligence (AI) search bot that’s designed to help viewers figure out what they want to watch.Cineverse is planning to launch a beta for the cineSearch technology on its own platform starting in Spring 2024. The compan ...