Google’s parent company has failed to deliver a successful ChatGPT competitor
Alphabet shares have tumbled after the company’s new chatbot, Bard, shared false information in its own promotional video and execs failed to wow analysts during an online event.
The flop has investors concerned the Google parent company is losing ground to rival, Microsoft and its service ChatGPT.
Launched in November, Microsoft has invested $10 billion in the software, which was developed by OpenAI.
Its surprisingly accurate and well-written answers have so-far wowed consumers.
Meanwhile, Google’s live-streamed presentation failed to include details about how and when it will integrate Bard into its core search function.
Just a day earlier, Microsoft announced it had already released a version of the Bing search engine with ChatGPT functions integrated.
Alphabet shares slid 9 per cent during regular trading. #trending #featured
