Imitation might be the sincerest form of flattery, but sometimes it isn't very good for a company's stock price. On Monday, some investors must have believed that Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) was playing this game, and they punished the company's shares for it. Both of Alphabet's listed stocks fell on the day by nearly 2%, a steeper tumble than the 0.6% dip in the S&P 500 index. Read More...
The Wall Street Journal
Google Opens ChatGPT Rival Bard for Testing, as AI War Heats Up
Google is rolling out a new conversational artificial-intelligence service to a select set of testers, and plans a broader public launch in coming weeks, part of the company’s effort to play catch-up with challengers such as OpenAI, creator of the popular chatbot ChatGPT. The new experimental service, called Bard, generates textual responses to questions posed by users, based on information drawn from the web, Sundar Pichai, chief executive of Google parent Alphabet said in a blog post published Monday. In that post, Mr. Pichai also shared a glimpse of new search engine features that will use AI to answer user queries, and said it would open up some of its AI programs to outside developers.
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