Ben Reitzes, Melius Research, joins 'Closing Bell Overtime' to talk Google pausing its AI photo generator amid inaccuracies.
Alphabet's (NASDAQ: GOOG , NASDAQ: GOOGL ) Google has been on an AI roll lately. It released its conversational AI model Gemini back in early December of last year.
Major U.S. equities indexes moved lower on Monday, cooling down from the tech-fueled rally that helped lift the S&P 500 and the Dow to record closes on Friday.
Google Gemini launched this month with a rocky and controversial rollout for the AI model—which grabbed the attention of critics such as tech billionaire Elon Musk and FiveThirtyEight founder Nate S

Alphabet stock drops on analyst's AI warning

04:57pm, Monday, 26'th Feb 2024
Alphabet (GOOG, GOOGL) shares slide ahead of Monday's closing bell after Melius Research Analyst Ben Reitzes warned about Google's AI direction, reiterating his Hold rating on the stock. Yahoo Finance
Google parent Alphabet lost some $90 billion in market value Monday as controversy over the Silicon Valley giant's generative artificial intelligence product made its way to Wall Street.
CNBC's Deirdre Bosa and Big Technology's Alex Kantrowitz, join 'Closing Bell' to discuss Google Gemini's AI inaccuracies and what it could mean for the mega cap tech company.
Alphabet's Google Cloud on Monday ramped up its criticism of Microsoft's cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such

Alphabet's AI problems: Stock falls 4%

02:01pm, Monday, 26'th Feb 2024
The Investment Committee debate Alphabet's AI problems, the stock underperforming other AI stocks and is negative in 2024.
Google began offering image generation through its Gemini AI models earlier this month. Some users, however, flagged that it generated historical images which were sometimes inaccurate.

Google's AI Gemini sees inaccuracies

01:50pm, Monday, 26'th Feb 2024
CNBC's Deirdre Bosa reports on news from Google.
Growth stocks have the potential to outperform stock market indices like the S&P 500 and Nasdaq 100. These types of stocks can return your initial investment several times over.
Google plans to relaunch its image-generation AI tool in the next "few weeks," according to Google DeepMind CEO Demis Hassabis.
Bill Ackman's firm took advantage of a cheap valuation to buy shares of Alphabet in early 2023. Alphabet's network effects, growth potential, AI capabilities, and financial strength are all attractive
Highmark Health on Monday announced it is integrating technology from Google Cloud and Epic Systems.
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