Google’s New AI Based Project Gemini To Be In The Market Soon

By Shubham Munde , 21 July, 2023

Gemini, a new project initiated by Google, is about exploring and reforming the face of the artificial intelligence (AI) industry soon. This was launched in the Google I/O 2023 (a conference where the latest products and services of Google are unveiled every year), with high expectations regarding the ability of the project to act precisely on the current AI systems, including OpenAI's ChatGPT.

According to Google, the company sees Gemini as its next-generation foundation model that will be available in the market in various sizes, like PaLM 2, which delivers excellent results with its tasks and easy deployment, also available in several sizes. The company has already mentioned that Gemini has been developed from the ground up to be multimodal, with great efficiency at the tool and API integrations and inspirations from AlphaGo's problem-solving techniques. The company officials added it was created to enhance future innovations like memory and planning.

Google Gemini is a new and innovative artificial intelligence (AI) based creation to move across the models of AI like ChatGPT. Gemini is the newly designed model by Google that handles various data without depending on any other specialized models. With an extra feature, it promises to work beyond the stored and updated data that marks a significant advancement in artificial intelligence (AI). Gemini is still to join the market, but the expectations have risen after the announcement made by the company regarding its potential in AI. It is anticipated to have significant transformations in the generative AI segment, which is expected to reach 80.16 billion euros by 2030. The tech market is with high hopes in Gemini by Google as a project to redefine the AI system and reach new heights.

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Shubham Munde

Research Analyst Level II