
Google Launches New AI Model Gemini to Compete with ChatGPT
The tech firm plans to license Gemini through Google Cloud, enabling seamless integration into multiple applications.
The tech firm plans to license Gemini through Google Cloud, enabling seamless integration into multiple applications.
Alphabet’s efforts to integrate generative AI technology into more products have been noticeable since the launch of OpenAI’s ChatGPT chatbot late last year.
Sundar Pichai revealed that the company was planning to use new AI models to automate some customer services.
From a stock index perspective, Alphabet shares are among the best-performing equities with a gain of about 33% YTD.
One of the most impressive AI features that Google announced is ‘Help Me Write’ that is intended for simplifying email creation.
Google and Alphabet CEO Sundar Pichai thinks AI could cause serious harm in different sectors if society does not brace for it.
However, some analysts believe the new Google AI-powered Bard will outshine its competitors like Microsoft by a huge margin in the future.
Being all about artificial intelligence, Bard aims to improve our lives by creating new ways to engage with information and turn it into useful knowledge more efficiently.
Alphabet posted a less-than-savory Q4 2022 report that reflects the current tech downswing and looming recession.
Alphabet’s ad revenue from YouTube tanks by 2% against market expectations. The GOOGL stock price has slipped once again under $100 this year.
The company’s executives are optimistic about the growth of some key diverse of its broad platforms.
Pichai also spoke on Web3, stating that Alphabet is “definitely looking at blockchain”.
Alphabet is known for heavy spending across its various business units, and the Q3 results were a reflection that these investments are yielding the desired results.
GOOGL stock has gained approximately 86.44%, 55.22%, and 7.55% in the past year, YTD, and five days respectively.
Sundar Pichai said Google is developing more remote roles as part of the company’s new work plan.