The past week was a busy time for the tech world. Microsoft and Google, two of the world’s most powerful tech companies, laid the groundwork for applying generative AI technology to their search engines. The Satya Nadella-led Microsoft hosted an event at its headquarters in Redmond, Washington where the tech powerhouse fused ChatGPT-like technology into its search engine Bing and Edge browser. Many analysts and insiders compared this announcement to the iPhone moment in the modern-day tech landscape. Google, too, was not far behind in creating a buzz with Bard, its ChatGPT competitor. However, the announcement didn’t go as per plan. In fact, Google’s parent company, Alphabet, had lost $100 billion in market value on Wednesday after its new artificial intelligence technology produced a factual error in its first demo.
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Google Bard, Microsoft Bing ChatGPT
Microsoft seems to be ahead of Google in the AI race with its strategic partnership with OpenAI. Google is playing catch up with Microsoft and is developing its own AI-powered chatbot called Bard, which it recently showcased. Google did lose over $100 billion due to a single mistake.
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First published on: 12-02-2023 at 13:00 IST