On Wednesday, Google unveiled Gemini, their newest artificial intelligence (AI) model that can understand text, code, audio, images, and videos.
The Cupertino claims to perform significantly better than Microsoft-backed OpenAI’s GPT-4 and may strengthen the company’s standing in the AI competition.
Google Introduces its Newest Gemini AI Model
Google’s “largest and most capable AI model,” known as Gemini 1.0, available in three different sizes: Gemini Ultra, Gemini Pro, and Gemini Nano. Each size designed to accommodate different task and device complexity.
Cupertino’s research indicates that the Gemini model outperformed OpenAI’s multimodal large language model (LLM), GPT-4, on the majority of metrics measured, including text, code, image, and video tasks.
The Cupertino announced on Wednesday that Bard, their generative AI (GenAI) tool, will be available on Gemini as part of “its biggest upgrade yet.”
Upgraded Bard Version
According to Google, an upgraded Bard version that runs on Gemini Ultra scheduled for release in the first half of 2024.
“In blind evaluations with [its] third-party raters, Bard is now the most preferred free chatbot compared to leading alternatives,” according to a Google report.
However, it raises the possibility that it’s prepared to challenge OpenAI’s ChatGPT for the top GenAI gadget.
Moreover, with a few incumbents leading the way, the AI arms race between the major tech companies is intensifying as Cupertino launches Gemini.
According to Jefferies analysts, “the only people who are actually deploying gen AI are startups and the hyperscalers,” referring to Microsoft, Google, and Amazon in particular.
Meta and IBM AI Alliance
In an apparent attempt to challenge their influence, Meta and IBM just yesterday announced the formation of the AI Alliance.
A coalition comprising over 50 AI-related companies that aims to accelerate open innovation in the field.
However, notably absent from this alliance were some of the early leaders in the field, including OpenAI, Google, and Amazon.
Alphabet saw a 0.7% decrease in intraday trading on Wednesday, but they have still increased by almost 46% this year.
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