Google recently released its AI tool Bard at an event held in Paris. Google lost $100 billion as its AI tool gave false information to a user. The company developed an AI tool that will likely replace its competitor ChatGPT. However, the information from Google’s AI tool seems to be suspicious after a user reported that Bard has provided irrelevant results.
Google Bard’s Failure
Google Bard made a mistake just after its release. After the incident, Google’s patent Alphabet lost $100 billion of its value in just one day. Alphabet’s shares fell by 7.68% to $99.37 after the AI tool failed to provide accurate information. The investors might have seen this as a threat and they started to pull off their funds from the company. As a result, the company suffered a huge decline in its share prices.
Alphabet’s share price fall:
As per NASDAQ’s report, shares of Alphabet fell to $102.05 per share from its previous closing price of $107.64. The company has faced a major decline of 8.9% making to go to its lowest value at $98.04. The company has faced loss of $100 billion in the market. Alphabet is currently at 99.37 USD▼ -8.27 (-7.68%). For more information on Google’s AI tool click here.
Also Read: Google Bard Will Overpower ChatGPT With These Advance Features!!
Here are a few memes people shared memes on battle between Google Bard and Chat GPT:
#ChatGPT vs #Bard pic.twitter.com/vhrxcHdBNC
— El Bruno 🇨🇦 💙 💜 🎗️ (@elbruno) February 7, 2023
Footage of Google’s botched Bard Chatbot demo that wiped $100B from its market cap pic.twitter.com/tAJnrPysh9
— Trung Phan (@TrungTPhan) February 8, 2023
Bard has entered the chat https://t.co/5NOvaDOpsL pic.twitter.com/yILu4giwL6
— Programmer Humor (@PR0GRAMMERHUM0R) February 7, 2023
Google announce that they are working on a ChatGPT competitor named “Bard” 👀 pic.twitter.com/ppm2H6SiKm
— Sir Doge of the Coin ⚔️ (@dogeofficialceo) February 6, 2023