Google Reassures Investors in ‘Astonishing’ Month for AI

PYMNTS.com December 22, 2024

Google’s recent artificial intelligence (AI) efforts have reportedly calmed fears it was lagging its rivals.

As the Financial Times (FT) reported Sunday (Dec. 22), the tech giant has impressed investors this month with more advanced iterations of its AI models, surpassing competition in benchmark testing.

The company also introduced a new generation of its custom AI accelerator chip — a tensor processing unit (TPU) called Trillium — which is designed to challenge Nvidia’s market dominance, the report added.

In addition, Google’s AI model now includes the ability to act on users’ behalf and compile complex research reports — Project Mariner — and respond to real-time queries across text, video and audio — Project Astra — including using smart glasses....

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