Google's AI chatbot Bard gives wrong information in ad

Alphabet (GOOGL) extends recent decline, down another 2.4%

February 9, 2023 9:41 AM EST

Alphabet (NASDAQ: GOOGL) extends recent decline, down another 2.4%

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Deeper-than-expected AI integration 'speaks to higher incremental cost risk' for Google - Morgan Stanley

February 9, 2023 9:21 AM EST

On Tuesday, Alphabet (NASDAQ: GOOGL) owned Google unveiled its new AI search assistant, Bard, a rival to OpenAI's ChatGPT.

The company said it will begin rolling out Bard in the coming weeks, opening it up to "trusted testers" before making it more widely available to the public.

It is powered by Google's LaMDA, or Language Model for Dialogue Applications.

Reacting to Google's new AI chatbot,... More

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

Alphabet (GOOGL) sees continued weakness on AI worries, down 6.3%

February 8, 2023 9:38 AM EST

Alphabet (NASDAQ: GOOGL) sees continued weakness on AI worries, down 6.3%.

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Google to beef up search with AI, setting stage for showdown with Bing

February 8, 2023 8:56 AM EST

By Supantha Mukherjee and Martin Coulter

STOCKHOLM/LONDON (Reuters) -Alphabet's Google on Wednesday said it will enhance search results with generative AI features, in its latest salvo against Microsoft which laid out plans a day earlier to improve its rival search engine Bing.

Microsoft is hoping new features can revive its Bing platform and take a shot at Google's dominance of online search which drives a lucrative ad business earning $100 billion in sales last year.

Adding generative AI to search... More

Google's (GOOGL) Bard AI chatbot gives wrong answer at launch event - Report

February 8, 2023 8:48 AM EST

(Updated - February 8, 2023 8:48 AM EST)

Googles (Nasdaq; GOOGL) Bard AI chatbot gives wrong answer at launch event - Report

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Alphabet shares dive after Google AI chatbot Bard flubs answer in ad

February 8, 2023 8:47 AM EST

By Martin Coulter and Greg Bensinger

LONDON (Reuters) - Alphabet Inc lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding worries that the Google parent is losing ground to rival Microsoft Corp.

Alphabet shares slid as much as 9% during regular trading with volumes nearly three times the 50-day moving average. They pared losses after hours and were roughly flat. The stock had lost 40% of its value last year but rallied 15% since the beginning of this year, excluding Wednesday's losses.

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Alphabet (GOOGL) Declines 3.4% Pre-Open

February 8, 2023 8:46 AM EST

Alphabet (NASDAQ: GOOGL) Declines 3.4% Pre-Open

Weakness may be tied to concerns about competition in search from Microsoft (NASDAQ: MSFT)
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Alphabet (GOOGL) PT Raised to $125 at Loop Capital

February 8, 2023 8:24 AM EST

Loop Capital analyst Alan Gould raised the price target on Alphabet (NASDAQ: GOOGL) to $125.00 (from $120.00) while maintaining a Buy rating.... More