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Reading: Google Invests $1 Billion in Exchange Giant CME, Strikes Cloud Deal
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The Wall Street Publication > Blog > Tech > Google Invests $1 Billion in Exchange Giant CME, Strikes Cloud Deal
Tech

Google Invests $1 Billion in Exchange Giant CME, Strikes Cloud Deal

Editorial Board Published November 4, 2021
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Google Invests  Billion in Exchange Giant CME, Strikes Cloud Deal
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Alphabet Inc.’s Google has invested $1 billion in futures-exchange giant CME Group Inc. and struck a deal to move the company’s core trading systems to the cloud.

Under the deal, the technology giant’s Google Cloud unit would eventually power markets that handle trillions of dollars in trades each day.

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