Google made several announcements at its annual developer conference, Google I/O, including new additions to its AI model series Gemini. The company introduced Gemini 1.5 Pro, which offers an extended context window, making it a foundational model with great potential. Google’s focus on generative AI is evident, as it aims to provide consumers with more advanced and creative ways to access online information. Additionally, OpenAI also launched its own AI model, GPT-4o, which is faster and more cost-effective. Both Google and OpenAI are pushing the boundaries of AI development and offering developers new tools and interfaces to build innovative applications.
| Signal | Change | 10y horizon | Driving force |
|---|---|---|---|
| Google launches new AI models Gemini 1.5 Pro and Flash | Advancement in AI models | Faster and more cost-effective AI capabilities | Consumer demand for advanced and creative access |
| OpenAI launches new AI model GPT-4o and desktop version of ChatGPT | Advancement in AI models | Improved quality, speed, and multilingual capabilities | Enhancing applications and developer accessibility |
| Google’s Gemini 1.5 Pro can process multiple large documents and videos | Enhanced AI model capabilities | Improved handling of dense documents and video content | Increasing demand for efficient data processing |
| Google’s Gemini 1.5 Pro has a 2 million token window for context processing | Increased context processing | Better understanding and analysis of information | Enhanced comprehension and accurate responses |
| Availability of Gemini 1.5 Pro and Flash for testing in Workspace Labs and Vertex AI | Accessibility of new AI models | Developers can test and deploy AI applications | Facilitating AI development and deployment |