Google, Volkswagen partner on smartphone AI assistant
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Go back to Google, Volkswagen partner on smartphone AI assistant
September 25, 2024 8:02 AM EDT
According to a recent note from JMP Securities, Google's enterprise AI adoption is gaining momentum, as evidenced by the growing use of its Gemini platform.
"We are seeing signs that enterprise adoption of AI is inflecting," stated the firm.
They explained that at the "Gemini at Work" event, Google showcased a 35x increase in Gemini usage, with 75% of daily users reporting that AI enhances their work quality. JMP believes this... More
September 25, 2024 6:26 AM EDT
Oppenheimer analyst Jason Helfstein lowered the price target on Alphabet (NASDAQ: GOOGL) to $185.00 (from $210.00) while maintaining a Outperform rating.
The analyst comments "While ramifications from GOOG Search labeled a monopoly are unknown, investors now discounting the loss of AAPL exclusivity, likely... More
September 24, 2024 7:40 AM EDT
Snap (NYSE: SNAP) announced an expanded partnership with Google Cloud to integrate Google's Gemini AI into its popular My AI chatbot, driving shares up by 1% in premarket trading on Tuesday.
The strategic move aims to enhance the generative AI experiences offered to Snapchat's 850 million monthly users, which is expected to make interactions with My AI more engaging and versatile.
Snapchat's... More
