Google Stock Jumps As It Puts Artificial Intelligence Into Google Docs

As Google advances farther, the Artificial Intelligence battles have changed the course.

As Google advances farther, the Artificial Intelligence battles have changed the course.

A generative AI tool will be added to the Workspace suite of apps, which includes Google Docs, Sheets, and Meet, according to the Big Tech stalwart and historical AI pioneer.

Even though the statement omitted any information regarding the AI product's debut date, Wall Street still reacted favourably, and Google's stock price increased at Tuesday's end.

The world's largest search engine company revealed yesterday that it would add generative AI capabilities to its Workspace family of products, which includes Google Docs, Slides, and Sheets among many other tools.

Regarding the debut date for the generative AI capabilities, Google is being purposefully evasive. According to the official news release, "We will be bringing these new generative-AI experiences to trusted testers on a rolling basis throughout the year." This means that the general release of this technology could still be years away. It is obvious that Google sought to head off any criticism of its timeline. It stated that "getting this right — and at scale — is something we take very seriously" and cited the meticulous testing required for data protection and safety. The issue is that competing businesses are far ahead of us. The all-in-one productivity tool Notion just made its generative AI function available to all users following a successful alpha launch.

When it comes to consumer-facing AI, Google may be a little behind the curve, but the battle is far from over. And this is the problem with making investments in technological firms. They can provide significant profits, but it's difficult to predict who will prevail. That makes choosing stocks extremely difficult for investors. Fortunately, there is another option.