Alphabet, releasing Gemini, its latest and most powerful A.I.
model Simone Foxman on top of this one,
After Google rolled out its Gemini, a AI
model. It did that yesterday and there was a
pretty muted reaction. But now we’re seeing a substantial move
higher in these shares. Now, Google invented the technology
behind the current AI boom, but open A.I.
and its chat, GPT and Dolly have really taken a lot of the popularity.
So Google wants to get back into the game with rolling out this Gemini AI
model, which is usable through the public.
For the public, through the chat bot Bard.
There are three different versions of this technology and not all of them have
come out. One Gemini Pro that’s currently
accessible through Bard, Gemini Nano will be accessible for Pixel eight Pro,
Google’s flagship phone, but Gemini Ultra is the one that everyone’s paying
most attention to. It is not currently available for the
public. It will be rolled out to enterprise and
developers, but not for the public until next year through Bard.
That’s the one that is according to Google, more powerful than GPT four.
It’s natively multi-modal, meaning it was pre-trained to take inputs that are
both text and images and do stuff with them.
The goal here for the company is the A.I.
that feels more like a helpful collaborator and less like a smart piece
of software. Again, we didn’t see a big movement in
the shares yesterday, and JPMorgan says perhaps this is because some analysts
viewing this product as not quite complete and the fact that Ultra has to
come out next year, but by Mandeep Singh pointing to the potential distribution
advantage for Alphabet versus Openai. So maybe markets just slower to process
this news and that’s what investors are computing this morning,