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GOOGL

Google is adding more AI to its search results

Google is adding more AI to its search, assuaging fears that the company is losing market share to competitors like ChatGPT and Perplexity. It is rolling out AI-powered overviews to users in the U.S., Google said at its Google IO 2024 developer event on Tuesday. Additionally, the company is also looking to use Gemini as an agent for things like trip planning. Liz Reid, head of search at Google, said that the company has built a custom Gemini model for search to combine real-time information, Goo...

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GOOGL

Google mentioned ‘AI’ 120+ times during its I/O keynote

It ran 110 minutes, but Google managed to reference AI a whopping 121 times during Google I/O 2024 (by its own count). CEO Sundar Pichai referenced the figure to wrap up the presentation, cheekily stating that the company was doing the "hard work" of counting for us. No surprise, of course, that the topic took center stage, but even so, it's an impressive figure for a presentation that ran roughly 110 minutes, all told. Gemini and its various iterations stole the spotlight (after preshow warmup...

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GOOGL

Google experiments with using video to search, thanks to Gemini AI

Google has already admitted that video platforms like TikTok and Instagram are eating into its core Search product, especially among younger Gen Z users. Now it aims to make searching video a bigger part of Google Search, thanks to Gemini AI. At its Google I/O developer conference on Tuesday, the company announced it will allow users to search using a video they upload combined with a text query to get an AI overview of the answers they need. The feature will initially be available as an experim...

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GOOGL

Google launches Firebase Genkit, a new open source framework for building AI-powered apps

At the Google I/O developer conference on Tuesday, Google announced an addition to its Firebase platform that aims to make it easier for developers to build AI-powered applications in JavaScript/TypeScript, with Go support coming soon. Firebase Genkit is an open source framework, using the Apache 2.0 license, that enables developers to quickly build AI into new and existing applications. Some of the use cases for Genkit that the company is highlighting Tuesday include many of the standard genera...

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GOOGL

Google is building its Gemini Nano AI model into Chrome on the desktop

At the Google I/O 2024 developer conference on Tuesday, Google announced that it is building Gemini Nano, the smallest of its AI models, directly into the Chrome desktop client, starting with Chrome 126. This, the company says, will enable developers to use the on-device model to power their own AI features. Google itself plans to use this new capability to power features like the existing "help me write" tool from Workspace Lab in Gmail, for example. The company says it's the recent work on Web...

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GOOGL

Patreon and Grammarly are already experimenting with Gemini Nano, says Google

Mobile app developers, including Patreon and Grammarly, are already integrating with Gemini Nano, its smallest AI model, the company announced during the Google I/O 2024 developer keynote on Tuesday. The companies, along with other select developers, were invited to work with Gemini Nano through an early access program announced last year, the company said. In the coming months, Google says it will open up the Gemini Nano model to more developers. In an example of how apps are working with Gemin...

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GOOGL

Google Veo, a serious swing at AI-generated video, debuts at Google I/O 2024

Google’s gunning for OpenAI’s Sora with Veo, an AI model that can create 1080p video clips around a minute long given a text prompt. Unveiled on Tuesday at Google’s I/O 2024 developer conference, Veo can capture different visual and cinematic styles, including shots of landscapes and time lapses, and make edits and adjustments to already generated footage. “We’re exploring features like storyboarding and generating longer scenes to see what Veo can do,” Demis Hassabis, head of Google’s AI R&D la...

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GOOGL

US STOCKS-Nasdaq hits record close after Powell reassures investors, CPI in focus

The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome Powell reassured investors while they digested Tuesday's data and waited for Wednesday's crucial consumer inflation report. U.S. producer prices increased more than expected in April as the cost of services and goods rose sharply, leading traders to pare back bets of a first rate cut in September...

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GOOGL

The key announcements from Google’s I/O conference

The tech giant has been laying out its plans for AI-powered tech...

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GOOGL

Google unveils new gen. AI features, enters its ‘Gemini era’

During the 2024 Google I/O keynote address, Alphabet CEO Sundar Pichai (GOOG, GOOGL) unveiled a new slate of generative AI features, such as AI-integrated search. Google claims that these new products are a part of its “Gemini era.” Yahoo Finance Tech Editor Dan Howley joins Market Domination live from the Google I/O conference to discuss Google's latest developments and competition with OpenAI. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino...

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