At the close on Dec. 7, shares of Google parent Alphabet rose 5.3% to $136.93. The price of the after-market securities was already $137. Growth was recorded for the first time since August 29.
Its price is almost the same as Microsoft and OpenAI. At the same time, Google’s market value increased by $80 billion from $100 billion in February of this year. Moreover, the addition of Google scores is not only that the Bard chatbot can provide false information, but also Microsoft and OpenAI can offer problematic products after the GPT model family is updated.
“By combining Gemini models of different sizes, Google is beginning to address investor concerns about productive AI innovation and the high cost of running GenAI models,” JP Morgan analysts said.
Source: Ferra
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