A factual error by Bard and an unimpressive live presentation led to stocks plummeting by 7.7 percent.
Gil Luria, a senior software analyst at DA Davidson, told: "While Google has been a leader in AI innovation over the last several years, they seemed to have fallen asleep on implementing this technology into their search product.
"Google has been scrambling over the last few weeks to catch up on search and that caused the announcement yesterday to be rushed and the embarrassing mess up of posting a wrong answer during their demo." At a time when tech behemoths are at war over who has the better chatbot, an error like this will not go down well with consumers. In contrast,"This is a hiccup here and they're severely punishing the stock for it, which is justified because obviously everybody is pretty excited to see what Google's going to counter with Microsoft coming out with a pretty decent product," commented Dennis Dick, founder and market structure analyst at Triple D Trading.
Google's presentation on Wednesday failed to provide further insights into Bard. In comparison, Microsoft already released a
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