![]() ![]() It also has a long-term partnership with DeepMind, which has previously said its own AI chatbot is in the works. ![]() Google recently invested $300m in the AI start-up Anthropic, and has stakes in Cohere and C3.ai. When it comes to technology, trends come and go - but AI is here to stay, according to Big Tech bosses.īoth Microsoft and Google aren’t just stopping with developing their own AI chatbots. The sooner investors can see real gains made from these big-ticket gambles, the better. Its stock price rose 3.6% after the Microsoft event while the latter saw a 3.8% gain.ĪI could be Big Tech’s saving grace against a difficult economic backdrop. Once it teased its big event, shares in Alphabet lost their ‘big announcement’ gains.Īlphabet had the last laugh. Interestingly, Microsoft’s chess game put a dampener on the market share. Its Q4 earnings showed a decline in advertising revenue and slow growth forecasts.Īfter the Bard announcement Alphabet stock picked up slightly, lifting to nearly $104. Google is making its AI stake amidst a backdrop of disappointing quarterly results, much like the rest of the tech sector. While Bing is a definite second-place search engine to Google, this could all change depending on how both companies utilize AI in their features - and how users react. Consumer Chief Marketing Officer, Yusuf Mahdi, said the model was more powerful than ChatGPT. Sure enough, on Tuesday, he announced Microsoft’s Edge browser and Bing search engine are now imbibed with the power of AI. Microsoft was quick to steal the limelight, making sure everyone knew its CEO Satya Nadella would be making a big announcement on machine learning soon. The company also claims Bard will be a lightweight model at first, “enabling us to scale more users” ChatGPT fans frequently bemoan the service crashing. Google’s blog post focuses heavily on how Bard can provide up-to-date answers on things like the James Webb telescope ChatGPT is only trained on data up to 2021. Now, the small digs between the two companies are already surfacing. When Microsoft threw down the gauntlet, Google decided to step up to the challenge. Google’s top revenue strategy relies on being the number-one search engine, so any rival like ChatGPT is mission-critical. Google will look to replicate this success with their AI model or risk losing its search influence. For context, TikTok took nine months to gain as many users - and we all know how much that social media platform now dominates the internet. If users ask a chatbot questions away from the Google infrastructure, that’s valuable ad revenue and market share Google loses.ĬhatGPT’s influence can’t be understated: the company registered one million users in five days and 100 million in just two months. This is all because ChatGPT and AI as a whole have the potential to up-end the search engine world order. Entire teams have allegedly been switched over to focus on developing and launching AI products. The chatbot had the company so frazzled that it issued an internal ‘code red’ over Google’s future. ![]() It’s fair to say the launch of ChatGPT had Google shook. ![]() Google said a ‘lightweight version’ of LaMDA would be used to power its initial version of Bard, suggesting there’s still a lot left in the tank at Google HQ when it comes to AI. Last year one Google engineer claimed the program was sentient - and was swiftly fired for his comments (Google stated that the claims were “wholly unfounded”). The LaMDA program hasn’t been without controversy. At the time, it boasted that LaMDA was capable of natural conversation far more advanced than other existing chatbots. Google has had LaMDA in development for years at this point, formally announcing the project back in 2021. LaMDA, or the less-catchy Language Model for Dialogue Applications, will power the new chatbot. Google will also release its Generative Language API for developers in the coming weeks, which is an exciting new direction for the world of AI programming. Alphabet and Google CEO Sundar Pichai tweeted about how Bard can help with searches, saying “AI can help us get to the heart of what looking for.” ![]()
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