Google talks AI - market cap goes up $56 Billion?

Google's recent I/O event made it clear that they are trying to position themselves as an AI-first company.

Executives mentioned AI 143 times during the two-hour I/O keynote because they had example after example of how Google is using AI in dozens of products like search, Gmail, Google Photos, Google Docs and Google Cloud.

Google's market cap shot up by $56 Billion (around 4%) following the event.

Never bet against innovation.

Sundar Pichai came to the stage to make the opening talk, and the madness started right there. Pichai dropped the first bullet, and almost every person who got up to deliver a speech said AI in some parts of their speeches. Reporters at CNET said "Pichai and other presenters mentioned AI roughly 143 times over the two-hour presentation," which makes around 1.153 AI mentions per minute.

#generativeai #artificialintelligence #futuretech #google #futureishere #gpt3 #gpt4

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