Shares of Google parent company Alphabet rose 5.31% in trading on December 7 to $136.93 per share and were trading at $137 in post-market trading. Stocks rose in price amid the launch of a new Gemini artificial intelligence (AI) model, reports the CNBC television channel.
The release of Gemini comes at a time when ChatGPT (OpenAI) users are complaining that updates to the GPT model family have had a notable impact on quality, analysts noted. According to them, if Google releases a better model than GPT-4, it will attract the attention of users and developers to the company.
Google says Gemini is superior to GPT-4 in 30 out of 32 parameters. The model has already been implemented in the Bard chatbot and in the future will become part of all the company’s products, including search. However, the most advanced version of Gemini will not be available to users until next year.
Author:
Karina Pardaeva
Source: RB
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