Alphabet Stock Rallies on the Release of Its Gemini AI. There Could Be More to Come.
(NASDAQ: GOOGL) (NASDAQ: GOOG) shares got a boost today in the wake of its latest product announcement yesterday, the debut of Gemini AI. The news was generally well received by investors, and today, Wall Street is weighing in. Let's take a look at what the company revealed, what analysts are saying, and what it means for investors.
ChatGPT took the world by storm late last year, revealing the vast potential represented by generative artificial intelligence (AI). Yesterday, Alphabet unveiled Gemini AI, calling it the company's "largest and most capable AI model." Google says its latest entry is far more capable than GPT-4, the large language model that underpins OpenAI's ChatGPT.
In fact, Google says Gemini boasts five times the computational power of its rival. The AI model was tested on a variety of tasks, including natural image, audio and video understanding, and mathematical reasoning, "exceeding current state-of-the-art results on 30 of the 32 widely used academic benchmarks used in large language model (LLM) research and development." It scored 90% when tested using massive multitask language understanding (MMLU) -- one of the most prevalent methods for testing the problem-solving capabilities of AI. As a result, it is the first generative AI model ever to surpass human experts measured using this benchmark, according to Google.
Source Fool.com
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