Here’s how one wrong search result lost Google $100 billion
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Loading... - Juliette Denis
- 09 Feb 2023
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Alphabet, the parent company of Google, lost $100 billion in market value on Wednesday after its new AI chatbot, Bard, shared inaccurate information in a promotional video.
Alphabet shares slid as much as 9% during regular trading, with volumes nearly three times the 50-day moving average. They pared losses after hours and were roughly flat. The stock had lost 40% of its value last year but rallied 15% since the beginning of this year, excluding Wednesday’s losses. Read More..
