Alphabet (GOOGL) Stock Gains 4% After Bard's International Expansion
On Thursday, Alphabet company announced that it will be expanding the Bard's availability into more countries. In addition, The company also announced several new features to its AI-powered tool that will become available to the end users.
After the announcement, the shares of Alphabet (Google's parent company) gained 4%, signaling the importance of AI adoption for tech companies. So it wouldn't be totally wrong to expect other companies to jump the AI train & to enjoy gains in the stock market.
Google Bard Is Available In 40+ Languages
As of now, Google Bard supports 40 languages, such as English, Spanish, Chinese, Arabic, and so on. Similarly, Google's AI tool will be rolled out to Europe and Brazil as well.
Google Bard is Alphabet's answer to ChatGPT and Microsoft's AI-powered Bing search engine. The generative AI tools have the power to conversate with users and answer their queries in an engaging manner.
Recently, Google has also announced that its AI tool will now allow users to adjust the response tone based on their requirements. Similarly, the Bard now also supports audio responses in 40+ languages.
In addition, the Bard users can now also pin conversations at the top for easy access, along with rename option as well. In addition, the AI tool is now also more proficient at writing code in various languages such as Python!
Over all, the introduction of an AI tool will allow the Alphabet to also readjust itself according to the changing circumstances. For starters, search is one of the most used products of Alphabet, and it is now in danger from ChatGPT and other AI tools.
That's why when Alphabet introduced new measures to its Bard tool, the company's stock jumper higher. Looking ahead, the company may enjoy more upside as more details & more features of the Bard are released for the general public.