The U.S. General Services Administration (GSA) has added the AI tools of several major tech firms, including Anthropic’s Claude, Google’s Gemini (GOOGL), and OpenAI’s ChatGPT, to its Multiple Award Schedule (MAS). This is significant because MAS contracts allow federal, state, and local government agencies to purchase commercial products and services at discounted prices. As a result, it is now easier for government offices to access advanced AI solutions through established procurement channels.
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Unsurprisingly, GSA leaders say that the move will help federal agencies adopt AI in order to improve how the government works. More specifically, Acting Administrator Michael Rigas explained that AI could streamline back-office tasks, improve services for citizens and employees, and change how mission-critical services are delivered. In addition, the GSA emphasized that AI providers who follow federal standards and promote responsible AI use are welcome to join the program.
It is also worth noting that this announcement supports the U.S. AI Action Plan, introduced by President Donald Trump’s administration last month, which focuses on innovation, infrastructure, and international security. Indeed, Federal Acquisition Service Commissioner Josh Gruenbaum said that agencies will now have easier access to a wide variety of AI tools, from basic research assistants powered by large language models to more specialized ones designed for specific missions.
Is Google Stock a Good Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on GOOGL stock based on 26 Buys and nine Holds assigned in the past three months. Furthermore, the average GOOGL price target of $214.41 per share implies 10% upside potential.
