Google's Gemini AI, ChatGPT's Latest Rival, Open to Select Few
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Google has recently granted a select group of companies early access to Gemini, its latest conversational artificial intelligence software.
This move signifies Google's intent to compete directly with OpenAI's GPT-4 model, which has dominated the AI landscape since its launch.
The stakes are high for Google as it seeks to catch up in the generative AI market, a sector that was valued at USD 29.00 billion in 2022. The market is projected to grow at an exponential rate in the coming years, from USD 43.87 billion in 2023 to USD 667.96 billion by 2030, exhibiting a CAGR of 47.5% during the next 7 years.
What is Gemini AI?
Alphabet CEO Sundar Pichai first announced Gemini AI at the Google I/O developer conference in May 2023, the large language model developed by the Google DeepMind division (Brain Team + DeepMind).
Gemini is a suite of large-language models designed to power a wide array of applications, ranging from chatbots to text summarization and original text generation. Gemini is built to be "multimodal, highly efficient at tool and API integrations, and designed to enable future innovations like memory and planning," according to a statement from Google.
According to a report by The Information, the technology can be used to draft emails, create music lyrics, and even generate news stories based on user preferences.
It's not just limited to text; Gemini is also expected to assist software engineers in writing code and generating original images based on user queries.
Availability and Future Plans
Currently, Google is providing developers with access to a relatively large version of Gemini, though not the largest one in development, which is expected to be more on par with GPT-4.
Last month, Google introduced generative AI features to its Search tool for users in India and Japan, and it has also made AI-powered tools available to enterprise customers at a monthly fee of $30 per user.
According to insiders cited by The Information, Google is nearing the stage where it will incorporate Gemini into its consumer services. The company plans to sell the Gemini model to businesses through its cloud unit, Google Cloud Vertex AI service, indicating that widespread availability may be just around the corner, although the date is yet to be confirmed.
Google has ambitious plans for Gemini, intending to integrate it into a wide range of services, including its Bard chatbot and various enterprise applications. This strategy aims to make Google more competitive against Microsoft Azure's AI offerings.
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Source: Industry News