By Jon Swartz. Bard is Google's answer to Microsoft's ChatGPT. Shares of Google parent Alphabet Inc. dropped more than 8% Wednesday following the official ...
as [the] AI arms race takes place among Big Tech." held its own event to demonstrate new AI technologies in its competing search engine, Bing. Bard is Google's answer to Microsoft's (MSFT) ChatGPT, which got a major event on Tuesday.
Google's Bard, an answer to Microsoft's ChatGPT, delivered a factual error in a search demo that the company shared widely. That sent Alphabet's market ...
The company has invested $10 billion into OpenAI, the start-up that created ChatGPT. [ increased plagiarism](https://www.npr.org/2023/01/26/1151499213/chatgpt-ai-education-cheating-classroom-wharton-school) and the spread of misinformation. By Wednesday, Alphabet shares had slid as much as 9% during trading hours, balancing out by the day's close. But the James Webb Telescope didn't discover exoplanets. An accompanying GIF prompts Bard with the question, "What new discoveries from the James Webb Space Telescope can I tell my 9 year old about?" [before Google's senior executives touted Bard as the future of the company](https://www.cnbc.com/2023/02/08/google-bard-heres-more-of-what-the-chatgpt-competitor-can-do.html) at a launch event in Paris.
The Alphabet stock sell-off is overblown as the company is a serious AI player, Deepwater Asset Management's Gene Munster said. Shares fell Wednesday after ...
It was an overreaction because, when we think about AI, this is a multidecade endeavor," Munster told CNBC Thursday. "I think it was an overreaction. "Google is not to be counted out when it comes to this AI race," he said. - "Google is not to be counted out when it comes to this AI race," Munster told CNBC. "To make a decision that Google has been behind the curve based on a demo, I think, is a little bit premature." [incorrect information](https://markets.businessinsider.com/news/stocks/google-alphabet-stock-ai-bard-chatgpt-report-ad-inaccurate-answer-2023-2?utm_medium=ingest&utm_source=markets) in a [promo](https://twitter.com/Google/status/1622710355775393793?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1622710355775393793%7Ctwgr%5Eeacb23118f5f35cd9d80ed0f45b76889f9723549%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.reuters.com%2Ftechnology%2Fgoogle-ai-chatbot-bard-offers-inaccurate-information-company-ad-2023-02-08%2F) meant to highlight the technology.
The company's new Bard AI technology failed to impress investors. The AI wars are just getting started between Microsoft and Alphabet.
Microsoft said it will be rolling out its new Bing and Edge products to millions of users soon and has made both of them available to the public as a preview right now. First, it showed that the company still has some work to do to get its AI right. NASA says the first images of exoplanets were captured by a telescope used by the European Southern Observatory back in 2004.
The fervor in the stock market bubbling around artificial intelligence spread this week to Microsoft Corp. and Alphabet Inc., which despite investing heavily in ...
Until this week, the speculation surrounding artificial intelligence in the US had been mostly limited to Nvidia Corp., which dominates the market for chips used for complex computing required for artificial intelligence programs, along with more obscure software makers with AI in their names. The rout was the worst for the stock in more than three months and erased more than $100 billion in market value. [Read more articles by Jeran Wittenstein ](/search?author=Jeran%20Wittenstein) [concerns](https://www.bloomberg.com/news/articles/2023-02-08/alphabet-falls-most-in-three-months-on-bard-accuracy-concerns) surfaced about the competency of Bard, the ChatGPT rival it unveiled on Feb. The drama around Alphabet was in stark contrast to Microsoft, whose presentations about how it’s incorporating OpenAI’s popular ChatGPT technology into products like its Bing search engine helped send its stock up 4.2% on Tuesday. and Alphabet Inc., which despite investing heavily in the technology had so far been ignored by traders in favor of smaller, more speculative companies.
Alphabet Inc lost US$100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and...
The new ChatGPT software has injected excitement into technology firms after tens of thousands of job cuts in recent weeks and executive pledges to pare back on so-called moonshot projects. "Google has been scrambling over the last few weeks to catch up on Search and that caused the announcement yesterday (Tuesday) to be rushed and the embarrassing mess up of posting a wrong answer during their demo." It remains unclear what impact that might have on targeted advertising, the backbone of search engines like Google. Bard responds with a number of answers, including one suggesting the JWST was used to take the very first pictures of a planet outside the Earth's solar system, or exoplanets. "We'll combine external feedback with our own internal testing to make sure Bard's responses meet a high bar for quality, safety and groundedness in real-world information." "While Google has been a leader in AI innovation over the last several years, they seemed to have fallen asleep on implementing this technology into their search product," said Gil Luria, senior software analyst at D.A.
Alphabet Inc (NASDAQ:GOOG) shares kept falling on Thursday after the company's $100 billion AI mistake. Just days after Google announced it would be...
[READ: Google loses $100B as AI chatbot disappoints investors](https://www.proactiveinvestors.com/companies/news/1005612/google-loses-100b-as-ai-chatbot-disappoints-investors-1005612.html) [Alphabet Inc (NASDAQ:GOOG)](https://www.proactiveinvestors.com/NASDAQ:GOOG/Alphabet-Inc/) shares kept falling on Thursday after the company’s $100 billion AI mistake. Just days after Google announced it would be releasing its own chatbot Bard AI, the company today unveiled a slew of new AI-powered features for its Search, Maps, and Lens apps during a live-streamed event promoting its AI bot.
Alphabet's Google search may be disrupted by new chatbots powered by artificial intelligence.
For Alphabet's Google, the rise of natural-language search means both a new competitive threat from Microsoft Bing—and higher costs of doing business.
Microsoft (ticker: MSFT), the single largest investor in OpenAI, on Tuesday ](https://www.barrons.com/market-data/stocks/msft) ](https://www.barrons.com/market-data/stocks/googl)
The fervor in the stock market bubbling around artificial intelligence spread this week to Microsoft Corp. and Alphabet Inc., which despite investing heavily in ...
Shares of Alphabet fell for a second consecutive session Thursday, down 4.9%, as investors weighed the tech giant's standing in the artificial-intelligence ...
The sector fell 2.1%, the worst-performing segment of the S&P 500.
Alphabet's new chatbot played a little trick this week. The artificial intelligence program made a mistake when answering a question, and a big unveiling of ...
The company has released a version of its Bing search engine using the technology. 7, Microsoft held an event that unveiled new versions of its search engine and web browser that incorporate artificial intelligence. The machine said the James Web Space Telescope took the very first picture of an exoplanet. The artificial intelligence program made a mistake when answering a question, and a [big unveiling](/technology/google-ai-chatbot-bard-offers-inaccurate-information-company-ad-2023-02-08/) of new AI features for search on Wednesday fell flat. Still, a disruptive and successful launch of AI in search is at this point theoretical, and Alphabet’s business is secure for now. 8 and was down over 4% on the morning of Feb. Just as the company was presenting its new AI features for search, Reuters reported that an advertisement it had made for a related AI-powered bot named Bard gave a misleading answer to a question. [(GOOGL.O)](https://www.reuters.com/companies/GOOGL.O) new chatbot played a little trick this week. The firm’s earnings multiple was cut in half to about 10. In the decade before Nadella become chief executive in 2014, earnings more than doubled. It dominates, with over a 90% share of search globally, according to Statcounter. That, plus an underwhelming launch, sent the stock down 11% between Tuesday night and Thursday morning trading.
Google unveiled its latest AI-focused product features on Wednesday, but concerns over the innovations actually unveiled have seen billions come off the ...
The rise of ChatGPT has put tremendous pressure on Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to develop AI products of its own. In the its latest earnings ...
His opinions remain his own and are unaffected by The Motley Fool. The Motley Fool has positions in and recommends Alphabet. [(NASDAQ: GOOG)](/market-activity/stocks/goog) [(NASDAQ: GOOGL)](/market-activity/stocks/googl) to develop AI products of its own. [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1d4a8d20-22c3-4922-bf98-948bde422b18&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DAlphabet&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=7c5a1c25-b02b-492c-a817-ed1bb26bf766) for investors to buy right now... The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/). When our award-winning analyst team has a stock tip, it can pay to listen.
In the its latest earnings call, management gave investors insight into the company's latest artificial intelligence products. This video takes a deep dive into ...
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. The Motley Fool has positions in and recommends Alphabet. The rise of ChatGPT has put tremendous pressure on Alphabet(GOOG -4.54%)(GOOGL -4.39%) to develop AI products of its own.
Google stock is selling off hard over news regarding Bard AI versus Microsoft ChatGPT. Is the sell-off an opportunity, or is more pain ahead?
The Motley Fool has positions in and recommends Alphabet and Microsoft. 9, 2023. The video below shares two major impacts for Google and sheds light on why the stock is being punished.