Google unveils ChatGPT rival Bard, AI search plans in battle with Microsoft

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Evercore ISI Defending Alphabet (GOOGL), Says 'GOOG’s AI technology is at least as good as the competition'

February 8, 2023 1:29 PM EST

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $125.00 price target on Alphabet (NASDAQ: GOOGL).

The analyst comments "Google hosted a Google Presents event this morning focused on new AI-powered services across some of its key consumer products primarily Search & Map, with a muchanticipated (though lightly-teased) answer to ChatGPT Bard.... More

Atlantic Equities on Alphabet (GOOGL) Following Microsoft (MSFT) AI Bard: 'potentially impact profitability in the search market'

February 8, 2023 11:33 AM EST

Atlantic Equities analyst James Cordwell reiterated an Overweight rating and $115.00 price target on Alphabet (NASDAQ: GOOGL).

The analyst comments "...the launch does intensify competition and potentially impact profitability in the search market, with this development thus more of a negative for... More

Google releases new AI 'Bard' to testers ahead of public release

February 6, 2023 2:49 PM EST

Googles parent company, Alphabet Inc, (NASDAQ: GOOG) announced in a blog post on Monday that the company is planning to launch a chatbot service called Bard. Bard is powered by LaMDA, Google's AI that can generate human-like prose. The technology company opened the conversational AI service to test users for feedback, and will be followed by a public release in the coming... More