Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Google has done “a lot of work on improving factuality in Gemini,” Collins said, but large language models “are still capable of hallucinating,” a term AI researchers use when AI systems make up facts and get stuff wrong – but with extreme confidence. “We do see it setting new kinds of frontiers across the board,” Eli Collins, vice president of product at Google DeepMind, told reporters on a conference call Tuesday.īut he appeared to acknowledge the continued risk of AI models feeding users misleading results, alluding to concerns by civil society groups, policymakers and AI researchers. In its testing, Google’s Gemini model outperformed rival AI models across more than two dozen benchmarks commonly used by AI researchers to evaluate an algorithm’s reading comprehension, mathematical ability, and multistep reasoning skills, the company said. But it is unclear how Google’s AI chips stack up against those of leading chipmakers such as Nvidia. That technology, which will also be made available to Google’s cloud customers, could mean a significant boost to the wider AI industry, making AI training more accessible and bolstering Google’s third-place position in the market for public cloud services. The company said it trained Gemini using a new generation of powerful cloud-based processors that can collectively train large AI models nearly three times faster than the prior version. Wednesday’s launch was also designed to showcase Google’s advances in cloud computing, a critical resource for AI developers. The company said Gemini 1.0 comes in three different sizes: Nano, which is optimized for mobile devices and app developers Pro, which is the default model designed for a wide range of tasks and customers and Ultra, the most sophisticated AI model Google says it has ever built and that is still undergoing safety testing. It also represents an effort to push generative AI out to the farthest reaches of Google’s empire. The announcement marks an attempt to reclaim the initiative after Google and other tech giants were apparently caught by surprise a year ago with the sudden and massively popular release of OpenAI’s ChatGPT, which kicked off an industry-wide scramble to fast-track generative AI tools and a global debate about AI’s risks and benefits. Google’s proprietary AI chatbot, Bard, has already been upgraded with a version of the Gemini model, the company said Wednesday, with plans to add Gemini to widely used products including Google’s search engine and Chrome web browser, which are used by billions of people worldwide. “This new era of models represents one of the biggest science and engineering efforts we’ve undertaken as a company,” said Google CEO Sundar Pichai in a blog post. This means it accepts inputs that include multiple types of media, combining text, images, audio, video and programming code. Unlike existing AI models that typically deal with only one type of user prompt, such as exclusively images or text, Gemini was built to be “multimodal,” Google said. The scope of Google’s ambitions were reflected in the company’s announcement, which introduced Gemini as the company’s “largest and most capable AI model” and declared a “Gemini era” that foresees the tech giant’s model being used in every setting, from big companies to consumer devices such as the Google Pixel 8 Pro. Google on Wednesday launched its most ambitious effort yet to compete in the rapidly growing field of generative artificial intelligence, launching an AI model known as Gemini that’s designed to compete with the likes of OpenAI’s GPT models and supercharge everything from Google’s consumer apps to Android smartphones.
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