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CGI achieves new designation from Databricks, strengthening its AI and data analytics capabilities

1. CGI earns Databricks Select partner status, bolstering its AI and cloud capabilities. 2. News supports stronger data analytics, potentially enhancing solutions and market reputation.

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Why Bullish?

CGI’s strategic alignment with Databricks strengthens its AI and cloud offerings, akin to past positive market reactions seen in similar tech partnerships.

How important is it?

The development reinforces CGI’s market position and future growth potential, although short-term financial impact may be limited.

Why Long Term?

The enhanced capabilities from this partnership are expected to yield gradual, sustainable benefits rather than immediate spikes.

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Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom             Select status recognizes CGI's trusted cloud and AI positioning for providing clients with streamlined data solutions MONTREAL, Quebec , Feb. 20, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced its achievement of Select partner program status from Databricks, the data and AI company. This designation underscores CGI's commitment to advancing data analytics and artificial intelligence (AI) capabilities in support of clients worldwide.

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