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Google’s Bard AI Bot Inaccuracy Influenced Alphabet Market Value Loss By 9%.

Alphabet lost $100 billion to Google’s Bard, while Microsoft invested $10 billion to gain 3% of shares

Eni by Eni
February 9, 2023
in Service
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Google LaMDA's Bard

Alphabet Inc. has reported a loss of a hundred billion of its net worth for developing an error-tic artificial intelligence which makes it Bard for Google’s business. The conversation AI bot gave inaccurate information during a promotional session to reveal Google Bard’s capability which took turns to diminish the tech giant’s market value of 9% shares.

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Google LaMDA's Bard

Google Introduces Bard, A Conversation AI Bot To Enhance “Search” And Its Engine.

February 5, 2023

Google debuts the conversation AI to rival Microsoft’s ChatGPT that birthed the Azure OpenAI Service to enhance the software giant cloud service solutions. Although the Bard AI bot is currently testing in Google’s beta program to accelerate the conversation AI bot development — to further global AI release.

Google’s Bard AI’s current default has diminished its parent company’s market value which has a biased business effect to benefit its counterpart AI bot system provider, Microsoft. It is a no-brainer that ChatGPT’s successful innovation in the AI industry has given Google a fret to keep up the pace of producing high-end services.

It seems Alphabet was on the verge of experiencing a bearish revenue inflow and its conversation AI bot made it a reality due to the ChatGPT imbibed fret. Google’s Bard flop has reportedly caused Alphabet inc. To lose 9% of its corporate shares which is equivalent to the $100 million that went viral immediately the Bard AI bot error was witnessed by the stock market.

Alphabet still has a “quite alright” business capital net worth despite the hundred billion dollars lost to LaMDA’s conversation AI. The lost market value is nothing compared to the 40% shares the tech giant lost during the previous business year. Google’s parent was on its toes when 2023 started having gained additional 15% shares to recover from the previous bearish business year.

“Google has been a leader in AI innovation over the last several years, they seemed to have fallen asleep on implementing this technology into their search product.”

Techbooky Africa consent Google has been using its previous AI services such as Google Assistant to develop Bard for Google’s Search integration which really needs real-time developers from LaMDA to perfect what they started.

Bard AI System already took pictures of the solar system via connectivity with space stationed satellite. However, the conversation AI error was recorded prior to the Google demonstration of the Bard AI bot.

Despite testing Bard in Google’s beta programs, ChatGPT AI chatbot continues to outshine Alphabet’s AI commitment. Microsoft has reportedly gained additional 3% shares at the expense of Google’s loss. Recall, Techbooky Africa’s previous publication that covered the Microsoft $10 billion commitment to accelerate ChatGPT chatbot integration with Azure Cloud.

Microsoft’s dedication to developing ChatGPT with billions of dollars and integration with its cloud services dubbed Azure OpenAI Service makes the software giant experience mistakes to develop an accurate AI chatbot. Microsoft’s commitment to ChatGPT denotes the software giant will continue to integrate its chatbot AI with its conglomerate services.

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Tags: AIAlphabet IncBardGoogle BardLaMDA
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