Google's AI advancements drive Alphabet's stock to new heights.

Google has introduced PaLM 2, a family of foundational language models that can perform "reasoning," code generation, and multi-lingual translation. PaLM 2 reportedly supports over 100 languages and is behind AI features in Docs, Sheets, and Slides. While PaLM 2 appears to beat GPT-4 in some mathematical, translation, and reasoning tasks, some experts have criticized Google's lack of transparency regarding the model's parameters and training data. Nonetheless, Google users in the US and 180 other countries can try PaLM 2 themselves as part of Google Bard, the experimental AI assistant.