Elon Musk's Caution For OpenAI, Google's Gemini AI, Musk And Zuckerberg's Truce: Top AI Stories This Week
Portfolio Pulse from Benzinga Neuro
This week in AI, Elon Musk expressed concerns about OpenAI’s relationship with Microsoft and the influence of tech giants like Microsoft and Google on AI. Google is nearing the release of its Gemini AI, a response to OpenAI’s GPT-4. Mark Zuckerberg’s Meta is developing a new AI system to compete with OpenAI’s GPT-4. Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Microsoft, foreseeing a potential doubling of EPS by FY27, backed by AI and cloud services. Musk and Zuckerberg, along with other industry leaders, discussed the need for AI regulation in the U.S.

September 17, 2023 | 1:01 pm
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POSITIVE IMPACT
Google is nearing the release of its Gemini AI, a response to OpenAI’s GPT-4, which it plans to offer through its Google Cloud Vertex AI service.
The release of Google's Gemini AI could strengthen its position in the AI market and potentially increase its market share, which could positively impact its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Meta is developing a new AI system to compete with OpenAI’s GPT-4, aiming to provide companies with advanced text generation and analysis tools.
The development of a new AI system could enhance Meta's competitive position in the AI market and potentially increase its market share, which could positively impact its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Microsoft, foreseeing a potential doubling of EPS by FY27, backed by AI and cloud services.
The positive outlook from Goldman Sachs, backed by AI and cloud services, could increase investor confidence in Microsoft and potentially drive its stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90