Google shares pop 5% after company announces Gemini AI model
Publishing timestamp: 2023-12-07 12:05:45
Summary
Google's shares rose after the announcement of its new artificial intelligence model, Gemini, which is said to outperform OpenAI's GPT-3.5. Analysts are encouraged by Google's progress in AI, but there are questions about how the company will monetize the technology in the long term. The article discusses the potential impact on Google's stock and the competition with other companies in the AI space.
Sentiment: MIXED
Tickers: MSFT, META, GOOGL, WFC,
Keywords: wells fargo & co, alphabet inc, breaking news: business, breaking news: technology, enterprise, artificial intelligence, business news, microsoft corp, meta platforms inc, media, internet, technology,
Source: https://www.cnbc.com/2023/12/07/google-shares-pop-after-company-announces-gemini-ai-model.html