Google, OpenAI,and Anthropic are seeing diminishing returns from costly efforts to build new AI models, Bloomberg’s Rachel Metz, Shirin Ghaffary, Dina Bass, and Julia Love report. At Google, a new Gemini model is missing internal targets, according to three people with knowledge of the matter, who add that Anthropic has seen the timetable slip for the release of its long-awaited Claude model called 3.5 Opus.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOG:
- Meta Stock Updates: Threads to Showcase Ads, Antitrust Trial on Insta and WhatsApp
- Evercore says CoreWeave deal could yield sizable contributions for Pure Storage
- Market-Beating SCHG ETF: Simple and Effective Exposure to U.S. Growth Stocks
- Alphabet’s Waymo Expands Robotaxi Rides in Los Angeles to All Passengers
- Trump looking to try to halt ban on TikTok, Washington Post reports