Analysts are cautious about Google's monetization plan for Gemini, but agree that its launch is a step in the right direction. Bank of America views the AI launch as a bullish sign, and users have reported that Gemini can keep pace with, and even outpace, some functions of OpenAI's most advanced model, GPT-4. The AI arms race is just beginning, according to Tarek Khalil, a Google Cloud director, who predicts a bright future for AI due to current investments in technology, resources, and partnerships.
Key takeaways:
- Alphabet stock surged 6.4% following the introduction of Google's new AI tool, Gemini, which is seen as a competitor to OpenAI's ChatGPT.
- Google's Gemini is described as the company's 'most capable and general model yet' and has received largely positive initial reactions.
- Google plans to launch an even more powerful version, Gemini Ultra, sometime next year.
- Tarek Khalil, a Google Cloud director, believes the future is bright for AI, with significant investments being made not only in technology but also in resources and partnerships.