Alphabet Drops During Renewed Fears About Google’s AI Offerings
- Shares fell as much as 4.4% in wake of pause of AI feature
- Company has been dogged by concerns about its position in AI
Alphabet's Google paused its Gemini AI image generation feature.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
Alphabet Inc. is falling amid renewed fears that the Google owner’s missteps in artificial intelligence are putting its search business at risk.
The stock dropped as much as 4.4% Monday following last week’s pause of a Google image generation feature that drew criticism over inaccurate historical depictions of race. Alphabet shed more than $70 billion from its market value.