Google’s Gemini AI is already closing in on Microsoft-backed ChatGPT

Google's Gemini AI is already closing in on Microsoft-backed ChatGPT

Google’s Gemini AI is already closing in on Microsoft-backed ChatGPT

After an initial bout of muted market reaction, Alphabet witnessed a soar in its share prices, ascending by 5.3 percent amidst Gemini’s grand debut, igniting Wall Street enthusiasm in the AI race against Microsoft-backed OpenAI, reported Reuters.

Google, a subsidiary of Alphabet, released its most powerful AI model, Gemini, on Wednesday (December 6) amid growing concern over its AI capabilities in a market dominated by OpenAI and Meta. While Google came up with the technology behind closed doors, OpenAI has really taken control over the current AI boom with ChatGPT and DALL-E.

Google wants to get back into the game

Alphabet experienced a significant market upswing, adding over $80 billion to its overall value. This contrasts its February valuation when the company lost nearly $100 billion after an abysmal review of its Bard chatbot, which spewed out inaccurate information in a promotional video.

“Google is beginning to address investor concerns around generative AI innovation and the high cost of running GenAI models through the combination of Gemini’s different model sizes,” said JP Morgan analysts.

“While the Street mostly yawned at the release yesterday—perhaps viewing the product as not quite complete and the timing both pressured and opportunistic—we are encouraged to see Google’s progress on this major technology shift,” said JP Morgan analyst Doug Anmuth.

Following in the footsteps of GPT, Gemini 1.0 extends its capabilities across image, audio, video, and text.

The spotlight shines on Gemini Ultra, Google’s pièce de résistance, outshining expectations by surpassing 30 out of 32 academic benchmarks entrenched in LLM research and development, reported Interesting Engineering yesterday.

Google says Gemini outshines GPT-4

Gemini not only surpassed GPT-4 on the massive multitask language understanding (MMLU) benchmark but has also emerged as the model to outshine human experts.

MMLU, a comprehensive assessment spanning 57 diverse subjects such as mathematics, physics, history, law, medicine, and ethics, witnessed Gemini’s performance.

Gemini 1.0 features an array of sizes for specific purposes. Ultra tackles highly intricate tasks and will be made publicly available next year; Pro will propel Bard into the future; and Nano is designed for Android devices like Pixel 8 Pro, Google’s flagship mobile phone.

While Google’s long-term AI plan remains cloaked in uncertainty regarding monetizing Gemini across all products, the journey begins with licensing the celestial AI to customers through Google Cloud this month. 

“Starting on December 13, developers and enterprise customers can access Gemini Pro via the Gemini API in Google AI Studio or Google Cloud Vertex AI,” said the company in a blog post.

Source: Interesting Engineering

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Google’s Gemini AI is already closing in on Microsoft-backed ChatGPT

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