Google Set to Launch Next-Generation AI Model This Fall

Google is ready to launch its next-generation artificial intelligence (AI) foundation model, Gemini, this fall.

The tech giant aims for Gemini to become the force that powers chatbot Bard, which competes with the likes of ChatGPT from Microsoft-backed OpenAI, as well as enterprise applications such as Google Docs and Slides, Seeking Alpha reported Tuesday (Aug. 15), citing The Information.

Google did not immediately reply to PYMNTS’ request for comment.

With the ability to generate conversational text and imagery, Gemini is poised to bridge the gap between chatbot and enterprise applications, according to the report.

Google and Alphabet CEO Sundar Pichai said in a May 10 blog post that Gemini was still in training. The foundation model was created to be multimodal, efficient at integrating tools and application programming interfaces (APIs), and built to enable future innovations.

“While still early, we’re already seeing impressive multimodal capabilities not seen in prior models,” Pichai said in the post. “Once fine-tuned and rigorously tested for safety, Gemini will be available at various sizes and capabilities, just like PaLM 2.”

The Tuesday report comes on the heels of several partnerships in which Google is working with other companies on AI-powered projects.

Digital technology company Brillio said Aug. 8 it is working with Google Cloud to help healthcare and finance companies use AI. Brillio’s generative AI solutions, which are powered by Google Cloud’s Vertex AI, will help financial services organizations with tasks like interpreting loan applications and will aid healthcare companies in accelerating medical coding and other responsibilities.

BigCommerce said July 31 that it is leveraging Google Cloud’s AI technologies to add new AI-powered features to its open Software-as-a-Service (SaaS) eCommerce platform. These additional features will begin their global rollout by the end of the year and will give enterprise merchants the potential to improve their operational efficiencies, enhance the customer experience and drive more sales.

These developments come as more than 70% of generative AI unicorns are customers of Google Cloud, Pichai said July 25 during the company’s quarterly earnings call. The company also reported that its Cloud business revenue grew by 28%.