This article first appeared on GuruFocus.
Alphabet (GOOGL, Financials) isn’t moving the market this week, but its AI story is intriguing. Google is apparently exploring a new Gemini app design that feels more like speaking with a creative assistant than tapping into a search box.
A recent Android app build replaces the chat interface with a scrolling feed of visual prompts, suggestions, and shortcuts like Create Image and Deep Research. Gemini may soon suggest questions instead of waiting for users to think of them, making the app more engaging and useful.
Wall Street likes Google’s direction.Bank of America still thinks Alphabet is a good buy and has a price objective of $252. Google’s stock is close to its 52-week high of $256, which suggests that investors believe in the company as it grows and comes up with new ideas.
Google has expanded beyond AI. The company announced a $4 billion Arkansas data center that will create jobs and renewed a long-term deal with NBCUniversal to stream NBC content on YouTube TV. Alphabet is considering selling or spinning out Verily life sciences to focus on core growth areas.
New competitors keep appearing. AI company Perplexity made its browser, Comet, free for everyone, offering an alternative to Chrome and highlighting how quickly AI is changing.
However, Google’s Gemini revamp implies the corporation is reconsidering AI use to make it more natural, creative, and human.
