Google owner sees its shares skyrocket after Bard is launched in Brazil and Europe
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ChatGPT rival, Google technology was made available to more regions on Thursday (14). In Europe, Bard was being repressed by local regulators over privacy concerns. Google Bard Reuters The shares of Alphabet, owner of Google, advanced more than 4% on Thursday (14), after the company announced the availability of Bard in Brazil and Europe, according to the Reuters agency. Around 2:15 pm (Brasília time), the shares were traded at US$ 124.20, an increase of 4.43%. During the session, the stock hit its highest point since mid-June, hitting $124.83. What is the meaning of Bard, name of the Google robot? The launch of Bard in the European Union has so far been dammed up by local privacy regulators, but Google said it has met with officials to reassure them about issues around transparency, choice and control. “There have been some concerns about data and privacy. Clearly they’ve managed to reassure European regulators on these issues, which just paves the way for more upside,” said Danni Hewson, head of financial analysis at investment firm AJ Bell. Alphabet shares, which have seen a big boost on investor enthusiasm for generative artificial intelligence since February, are up about 41% so far this year. Shares in Microsoft, backer of rival ChatGPT, rose 42%. READ ALSO: Bard lies about voting machine and then changes version Bard: the controversies and features of rival ChatGPT that Google launches in Portuguese Elon Musk launches xAI, a new company focused on artificial intelligence Bard, ‘Google ChatGPT’, is released in Brazil
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