Xometry Unveils Instant Pricing

Xometry, the artificial intelligence (AI)-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, reports it is beta-testing laser tube cutting and tube bending capabilities through its AI-powered marketplace.

Through its partnership with Google Cloud and Google Cloud Consulting experts, Xometry is leveraging Vertex AI to accelerate the deployment of new auto-quote methods and models on its digital manufacturing marketplace. The new tube cutting and tube manufacturing processes will offer buyers instant pricing and lead times through Xometry’s supplier network of industrial tube manufacturing.

When the new offerings are rolled out later this quarter, Xometry may be one of the first marketplaces to offer instant-quoting and lead times for both tube cutting and tube bending, the company reports.

“Xometry is rapidly expanding its marketplace offerings as part of its mission to digitize manufacturing globally and give buyers the instant pricing and lead times they need to produce their parts and create resilient supply chains,” says Matt Leibel, Xometry’s chief technology officer. “Leveraging Vertex AI, we’re able to accelerate the pace at which we develop and bring to market new auto-quote methods and models that benefit both our buyers and our extensive network of suppliers.”

Sources: Press materials received from the company and additional information gleaned from the company’s website.