Alphabet shares fall 7% following Google's A.I. event
Publishing timestamp: 2023-02-08 16:25:43
Summary
Alphabet's shares dropped after they held an event to show off their new AI chatbot, Bard. Microsoft had held their own AI event the day before. Bard is powered by Google's language model LaMDA and will be rolled out in the coming weeks. Microsoft's event focused on AI-powered updates to their Bing search engine and Edge browser. Analysts say it will take time for Microsoft to see any significant gains and that Google's AI technology is at least as good as its competition.
Sentiment: MIXED
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Source: https://www.cnbc.com/2023/02/08/alphabet-shares-slip-following-googles-ai-event-.html