Artificial intelligence will take center stage at Google’s (NASDAQ:GOOG) (NASDAQ:GOOGL) annual developer conference, with the company gearing up to reveal a slew of AI updates, including the impressive PaLM 2, their latest and most advanced large language model. PaLM 2, which can understand over 100 languages, has shown its prowess in coding, math, and even creative writing. Google CEO Sundar Pichai will be sharing how AI is empowering people to reach new heights with exciting generative experiences in Bard and Search.
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As the battle of AI heats up, Google and Microsoft (NASDAQ:MSFT) are racing to embed chat AI technology into their offerings. At the conference, the company will share updates on the capabilities of Bard and Search, spotlighting Bard’s coding, math, and logic skills, as well as support for Japanese and Korean languages. Moreover, Google will delve into enhancements for its “Workspace AI collaborator” and give attendees a sneak peek at their new foldable phone, the Pixel Fold, which boasts a durable hinge and a water-resistant design.
Turning to Wall Street, analysts have a consensus price target of $129.50 on GOOGL stock, implying over 18% upside potential, as indicated by the graphic above.
