Google parent Alphabet unveiled new AI features on Tuesday, showcasing its advancements in artificial intelligence technology. The company introduced a beefed-up Gemini chatbot and enhancements to search capabilities at its annual I/O developer event in Mountain View, California.
CEO Sundar Pichai highlighted the importance of AI in Alphabet’s business strategy, especially as it competes with rivals like Microsoft and OpenAI in the emerging technology sector. The new AI features aim to help investors evaluate Alphabet’s progress in the competitive landscape.
During the product presentation, Alphabet’s stock rose by about 1% to $172.50 as the company showcased its latest AI developments. Pichai emphasized that the company is still in the early stages of AI platforms, indicating further advancements in the future.
One of the key announcements was the improvements to the Gemini Pro 1.5 model, which can now process up to 2 million tokens of data. This enhancement allows the AI to analyze large amounts of text or video content, making it more versatile and powerful.
Alphabet also teased Veo, its latest AI model for creating videos based on text commands, showcasing its commitment to innovation in the AI space. The company’s collaboration with Hollywood executives and artists further demonstrates its dedication to pushing the boundaries of AI technology.
Overall, Alphabet’s unveiling of new AI features signals its continued investment in artificial intelligence and its determination to stay ahead of the competition in the rapidly evolving tech industry.