- Bay Area Times
- Posts
- Google Gemini Advanced launches at $20/mo
Google Gemini Advanced launches at $20/mo
Bay Area Times
February 09, 2024
Brought to you by:
Top stories today:
- Google Gemini Advanced launches at $20/mo
- Sam Altman seeks to raise $7T for chip plants in U.S.
- OpenAI crosses $2B in ARR, from $28M in 2022
- Arm stock +48% to $117B market cap, 35x P/S after earnings release
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Google Gemini Advanced launches at $20/mo
Uses the Gemini Ultra 1.0 model.
Soon: Gemini in Gmail, Docs, Sheets, and other apps.
Bard and Duet brandings are dead: Bard is Gemini and Duet is Gemini for Workspace.
Gemini Pro was already on par with GPT-4 in LMSYS’s Chatbot Arena Leaderboard — it’s possible Gemini Ultra will surpass GPT-4 soon
Gemini Advanced is part of Google One, meaning for some users it will only be a $10/mo upgrade
2-month trial available.
2. Sam Altman seeks to raise up to $7T from UAE, SoftBank to build chip plants in U.S. with TSMC’s help
Unclear why so much money is needed: global sales of semiconductor manufacturing equipment were $100B in 2023.
U.S. plants may be hard, as TSMC’s efforts in Arizona are facing delays, shortage of skilled workers, and high cost.
The U.S. government may need to authorize the UAE’s involvement. Commerce Secretary Raimondo is in the negotiations.
This often happens organically: A few enthusiasts within an organization will turn to public-facing AI services to find ways to increase their own productivity, then bring those insights to their employer.
Data supports this — a recent study from Deloitte found that off-the-shelf tools are the primary way businesses are deploying AI, and a survey from The Conference Board shows employees often begin using AI tools even before their company has an official AI policy.
MindStudio is a tool that enables anyone to start building AI apps in a single afternoon. Connect AIs cross-departmentally, use any models, and integrate current tech stack without using any code.
*Sponsored.
4. OpenAI crosses $2B in ARR, from $28M in 2022
And they expect to 2x+ in 2025:
