Tech giant Google (NASDAQ:GOOGL) anticipates that its advanced AI models, like Gemini, will be integrated into smartphones within a year, the company’s VP of product management for its Pixel unit, Brian Rakowski, told CNBC. Indeed, its Gemini Nano is already available for Pixel and compatible Android devices.
Rakowski foresees direct smartphone integration for Google’s advanced large language models (LLM) by next year, bypassing the need for remote data centers. The VP of product management added that these models have now been compressed for on-device use and are showing promising performance comparable to their cloud-based counterparts.
Is Google a Buy, Sell, or Hold?
Analysts remain bullish about GOOGL with a Strong Buy consensus rating based on 29 Buys and eight Holds. GOOGL stock has surged by more than 50% over the past year, and the average GOOGL price target of $164.59 implies an upside potential of 17.4% at current levels.
