Google Quietly Postpones Launch Of Groundbreaking Next-Gen AI Model Gemini To 2024: Report
Portfolio Pulse from Benzinga Neuro
Google has postponed the launch of its next-gen AI model, Gemini, to early 2024 due to issues with non-English prompts. Gemini, which can process text and images, is expected to outperform OpenAI's GPT-4. The delay may affect Google's competitive stance in the AI market, where it has invested in startups like Anthropic.
December 04, 2023 | 9:59 am
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NEUTRAL IMPACT
The postponement of Gemini's launch may lead to a cautious short-term investor response for Alphabet's stock, but it also indicates a focus on quality and competitiveness in the AI market.
Similar to GOOGL, the delay in Gemini's launch could lead to short-term investor caution, potentially affecting GOOG's stock price. However, the delay also suggests that Alphabet is prioritizing the development of a high-quality AI product, which could be beneficial in the long-term competitive landscape.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Google's delay in launching Gemini may temporarily dampen investor enthusiasm, but reflects a commitment to quality. The postponement could impact short-term sentiment but showcases long-term potential in AI.
The delay in launching Gemini is a short-term setback that may cause some investors to be cautious, potentially affecting the stock price. However, the commitment to resolving language issues before launch could be seen as a positive sign of Google's dedication to releasing a superior product, which may mitigate any negative impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80