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Google is reinventing itself for the AI age [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
its I/O developer conference with the aim of repositioning itself as the world's AI software leader. “We are fully in our Gemini era,” CEO Sundar Pichai said during his keynote, referring to the company's latest Gemini AI models, while noting that AI is still “in the very early days of the AI platform shift.” For years, Google was considered Silicon Valley's AI powerhouse. But OpenAI and Microsoft ( MSFT ) threw the company off course, entering into a multibillion-dollar, multiyear partnership in 2023 that saw Microsoft integrate OpenAI's most advanced models into its productivity, search, and cloud products. All this helped crown Microsoft as the world's most valuable company earlier this year. Google's climb back hasn't been easy. It originally debuted a ChatGPT competitor called Bard that fell short of initial expectations . And more recently, it bungled the rollout of its generative AI-powered image generator, a tool that the company admitted was not “working the way we in
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