From Nasdaq:

Google has named a new AI app “Gemini”, replacing the initial Bard. Gemini uses the largest AI model so far and comes in three sizes – Nano, Pro, and Ultra. Google stock is up in both 2023 and 2024, and the launch of Gemini could signal a big leap forward for AI.

The new AI model could bring a bright future for Alphabet stock. Google is fully committed to the development of AI and Gemini is just the beginning. With integration of other Google apps and increasing commercial opportunities, the stock could be a smart buy.

Alphabet’s move from Bard to Gemini is evidence of the company’s dedication to AI. While some speculate that Gemini won’t have the same ChatGPT killer capabilities as GPT-4, it could have a significant financial impact on Google in the long run. Regardless, Alphabet remains a good stock to buy.



Read more: Does Google’s New ChatGPT-Beating Artificial Intelligence (AI) App Make the Stock a No-Brainer Buy?