Alphabet Gains AI Momentum as Gemini Closes In on ChatGPT BNP Paribas

This article first appeared on GuruFocus.

Alphabet Inc. (GOOG, Financials) may finally be turning a corner in the AI race. According to BNP Paribas, Google’s Gemini 3 platform made visible progress in December, closing part of the gap with OpenAI’s ChatGPT after its November debut.

The research company stated that Gemini’s popularity is growing in both the business and developer sectors, thanks in part to its close linkages to Google’s cloud, search, and productivity tools. BNP Paribas said that Gemini’s ecosystem advantage is helping it get real-world use instead of simply hype.

Gemini is becoming more popular, which means that Google’s efforts in AI are beginning to pay off. ChatGPT is still the most popular AI. Analysts stated that Gemini’s ability to handle text, pictures, and code without any problems should make it a better match for business applications over time.

BNP Paribas analysts claimed that “Gemini’s launch has restored confidence that Google is still a major player in generative AI. They also added that Alphabet’s long-term AI position might improve significantly this year.