From Nasdaq: 2024-06-07 11:14:00

Alphabet’s stock has surged 26.6% this year, outpacing the Internet Services industry. Google is expanding its generative AI efforts globally with NotebookLM, now available in over 200 countries. The app, powered by Gemini 1.5 Pro, provides summaries and follow-up questions in 108 languages and supports various sources.

Google launches NotebookLM worldwide, boosting its competitive edge against Microsoft and Apple in generative AI note-taking apps. Microsoft integrates Copilot AI into OneNote, while Apple offers the Journal app for daily activities and mindset insights. Google strengthens its generative AI capabilities with new tools and models, improving user experience and financial outlook.

Alphabet’s continuous enhancement of generative AI tools, including Gemini Pro and Gemma family models, will enhance user experience and financial performance. Analysts expect revenue of $295.53 billion and earnings of $7.60 per share in 2024, with a Zacks Rank #1. Google’s focus on generative AI puts it in a strong position for future growth.



Read more at Nasdaq: Alphabet (GOOGL) Boosts Generative AI Footprint With NotebookLM