![]() "As far as working it into actual numbers. But I think it's going to take some time to see real meaty results," said Thomas Martin, a senior portfolio manager at Globalt Investments. ![]() "I mean the announcements are there and things will move quickly. It said last week it would combine its AI research units Google Brain and DeepMind and work on "multimodal" AI, like OpenAI's latest model GPT-4, which can respond not only to text prompts but to image inputs as well to generate new content. Google, which has also unveiled a flurry of AI tools for its email, collaboration and cloud software, reported quarterly profit and revenue above estimates and said it would buy back $70 billion in stock. "Lots more to come," Alphabet boss Sundar Pichai said on Tuesday, after he mentioned some of the products the company launched last month, including Bard, Google's answer to ChatGPT-powered Microsoft search chatbot Bing. Microsoft said it 36 times, versus 20 - not including references to its partner OpenAI.īoth companies said AI was already juicing sales, but neither said when or if they would start breaking out any sales, costs, or profits from the technology. Google used the term 52 times on its first-quarter call on Tuesday, up from 45 in the fourth quarter. With quarterly reporting season just under way, the term "AI" has been used nearly twice as frequently in the conference calls of S&P 500 companies as it was in the previous quarter, a Reuters analysis showed. "The world's most advanced AI models are coming together with the world's most universal user interface - natural language - to create a new era of computing," Satya Nadella, Microsoft's chief executive officer, said in a statement on Tuesday. The term became a buzzword after Microsoft-backed firm OpenAI released ChatGPT, a chatbot that writes human-like responses. The tech behemoths have launched an array of products that they promise are packed with generative AI, which creates brand new content - text, image, code - from past data. Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intelligence (AI) for the second quarter in a row but their results on Tuesday suggested that any substantial additions to sales will be slow.
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