- Google recently held a livestreamed event “Live from Paris” which focused on its latest AI developments.
- Google showcased its chatbot “Bard” which was met with mixed reactions, leading to a sharp fall in Alphabet shares.
- The event took place a day after Microsoft’s event with OpenAI, which announced the integration of AI features in Bing and Edge browser.
Google’s New Chatbot “Bard”
- Bard is built on LaMDA (Language Model for Dialogue Applications) technology developed by Google.
- Currently, the chatbot is available only to “trusted testers” and will be opened up to more users in the future.
- Bard uses generative AI to answer questions in the form of essays, similar to ChatGPT.
Competition with ChatGPT
- The timing of the event coincides with a crucial moment for Google as its search engine is being threatened by ChatGPT.
- ChatGPT’s ability to tailor better-crafted responses has left Google worried, leading to an internal “code red.”
- The company fears a major disruption to its search business.