Alphabet soars as Wall Street cheers arrival of AI model Gemini
Thursday, 7 December 2023 Alphabet's stock rose by 5% on Thursday with the launch of Gemini, a new artificial intelligence model. Wall Street sees Gemini as a contender in the race against Microsoft-backed OpenAI, which gained attention with ChatGPT last year. Alphabet claims Gemini is faster than OpenAI's latest model and can process various media types. The release addresses investor concerns about generative AI innovation and high GenAI model costs. Analysts suggest Gemini could add nearly $80 billion to Alphabet's market value.
Google Announces New Advanced , Artificial Intelligence.
'The Guardian' reports that Google has announced
a new artificial intelligence model, Gemini, that it
claims can outperform ChatGPT in most tests.
According to Google, the new model displays
"advanced reasoning," which includes the...
Thursday, 7 December 2023
