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Google Parent Loses $70B in Value After Woke AI Snafu

Tuesday, 27 February 2024 11:11 AM EST Read more at https://www.newsmax.com/finance/streettalk/google-alphabet-market-cap/2024/02/27/id/1155114/ (Dreamstime) Google parent Alphabet (GOOG) lost more than $70 billion in market capitalization in a single trading day on fears that its artificial intelligence tool is programmed to be woke, the New York Post reports. The stock sank 4.4% to $138.75 Monday after Google paused its Gemini…
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Google Left in 'Terrible Bind' by Pulling AI Feature After Right-Wing Backlash

(Bloomberg) -- February was shaping up to be a banner month for Google’s ambitious artificial intelligence strategy. The company rebranded its chatbot as Gemini and released two major product upgrades to better compete with rivals on all sides in the high-stakes AI arms race. In the midst of all that, Google also began allowing Gemini users to generate realistic-looking images of people.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth ...
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Source: yahoo.com

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