AI Disaster -- Is Google Doomed to Fail in AI?

By Travis Hoium – Feb 29, 2024 at 4:13PM

NASDAQ: GOOG

Alphabet

Market Cap

$2,159B

Today's Change

(9.96%) $15.74

Current Price

$173.69

Price as of April 26, 2024, 4:00 p.m. ET

Gemini was a huge problem for Google, but the company has some structural advantages we can't overlook.

Alphabet's (GOOG 9.96%) (GOOGL 10.22%) Google unit took a major public relations hit when the Gemini 1.5 AI model was released to the public. While the release highlighted some major problems at the company, it also highlighted its biggest advantages.

In this video, Travis Hoium covers why Google is well positioned to win in AI and what it might need to do to unlock that potential.

*Stock prices used were end-of-day prices of Feb. 28, 2024. The video was published on Feb. 29, 2024.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Apple, and Intel. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long January 2026 $395 calls on Microsoft, short February 2024 $47 calls on Intel, and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.