Welcome to the forefront of conversational AI as we explore the fascinating world of AI chatbots in our dedicated blog series. Discover the latest advancements, applications, and strategies that propel the evolution of chatbot technology. From enhancing customer interactions to streamlining business processes, these articles delve into the innovative ways artificial intelligence is shaping the landscape of automated conversational agents. Whether you’re a business owner, developer, or simply intrigued by the future of interactive technology, join us on this journey to unravel the transformative power and endless possibilities of AI chatbots.
Executives are touting Gemini 3, which comes eight months after the chatbot’s 2.5 model, as a “massive jump” for AI.
Sean Craig
sean.craig@thedailyupside.com
In ancient Greece, the twin gods Castor and Pollux, known collectively as the Dioscuri, were the divine patrons of sailors and warriors.
Here we are a couple of thousand years later and their Latin name, the Gemini, graces the artificial intelligence chatbot that’s an earthly patron of tech giant Alphabet’s stock. On Tuesday, Alphabet subsidiary Google debuted the latest version of Gemini, which could use some of that ancient warrior spirit as it takes on OpenAI at a time when all anyone talks about is how big an AI bubble we’re staring into.
Executives are touting Gemini 3, which comes eight months after the chatbot’s 2.5 model, as a “massive jump” for AI. In an introductory blog post, Google said the model outperforms top rivals like OpenAI’s ChatGPT 5 in benchmarks that measure coding, academic and common-sense reasoning, visual understanding, mathematics and scientific knowledge.
Meanwhile, Google is using its massive scale as a strategic tool to put the new Gemini in the hands of as many users as possible. Gemini 3 was immediately made available across the company’s major products, including its world-leading search engine. Once seen as a laggard in the AI race by some observers, the Alphabet subsidiary has grown Gemini to 650 million monthly active users, adding 200 million in the third quarter alone. That’s fast approaching ChatGPT’s 800 million weekly users. Needham analysts wrote Tuesday that Google’s other business segments, which include Search, YouTube, Android and Cloud, leave Alphabet better positioned to monetize AI than rivals. Among those who seem to share that view is Warren Buffett. While Alphabet shares were flat on Tuesday, they kicked off the week with a 3.1% gain on Monday, thanks to Berkshire Hathaway disclosing a 17 million-share stake. Alphabet’s appeal as the AI trade of choice for the legendary bargain-hunter is pretty straightforward:
Grain of Salt: Meanwhile, Pichai isn’t ignoring the emerging chorus of market observers warning of a potential AI bubble. He told the BBC on Tuesday that there are “elements of irrationality” in the volume of deals fueling the sector’s rally. OpenAI alone has struck $1 trillion in deals, prompting skepticism. Pichai added that “no company is going to be immune” to a potential bubble, “including us.”
Bezos, the third-richest person in the world, will serve as co-chief executive and co-founder alongside physicist and chemist Vik Bajaj.
Sam Altman has begun floating the idea that the company could hit $100 billion in revenue by 2027, ahead of previous projections.
The cult hero/curiosity has launched a social media broadside against the AI trade that has fueled this year’s market rally.
AI-assisted code editing startup Cursor became one of the most valuable firms in the booming sector overnight with a $29 billion valuation.
Through the last 100 days, the Russell 2000 has bested the rival S&P SmallCap 600 by 9%, good for the widest gap since 2010.
CFO Yoshimitsu Goto said on an earnings call that SoftBank’s divestment had “nothing to do with Nvidia itself.”
There are more than 1,500 active unicorns that have raised roughly $1 trillion in venture capital funding, according to PitchBook data.
At the end of the year, the legendary investor will hand the top job at the holdings giant he’s led for six decades to Greg Abel.
As startups choose to stay private even as their valuations reach eye-popping levels, investors want a peek behind the private-market curtain.
Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick warned of an equities drawdown on Tuesday at a summit in Hong Kong.
For the 12th consecutive quarter, Berkshire Hathaway was a net seller of stocks, offloading $6 billion worth.
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