Google says new Gemini 1.5 Flash AI is 20% faster than ChatGPT
Google revealed in a recent press briefing that its latest AI model, Gemini 1.5 Flash, has surpassed OpenAI's newest bot, ChatGPT-4o, by being 20% faster. The tech giant made this announcement on Thursday, confirming that Gemini 1.5 Flash is now accessible to the general public.
Public Preview and Features
The AI chatbot was initially introduced at Google I/O in May and has been in public preview for the past month. During this period, users were able to test the product and provide feedback. Gemini 1.5 Flash comes with impressive capabilities, such as being able to analyze one hour of video, 11 hours of audio, or over 700,000 words in a single query. This eliminates the need for users to split their inquiries into smaller segments.
Google demonstrated the bot's efficiency by showcasing its ability to analyze a 14-minute video within a minute. Additionally, the latest AI bot is reported to be 40% faster than its predecessor, ChatGPT-3.5-turbo, while offering a higher information processing capacity.
Pricing Options and Availability
According to Google Cloud CEO Thomas Kurian, Gemini 1.5 Flash is the fastest model available in the market, offering optimal price-to-performance ratio. The AI model is currently accessible to developers for free in a limited capacity, with variable pricing based on data input requirements.
For users seeking enhanced capabilities, Gemini 1.5 Pro is available at a higher cost. Described as Google's "overall best model," Gemini 1.5 Pro can handle larger datasets, such as 22 hours of audio and 1.5 million words, enabling users to delve deeper into their queries.
Enterprise-Readiness and Customer Base
Google emphasized that recent enhancements to its AI models, including Gemini 1.5 Flash and Gemini 1.5 Pro, position its AI software bundle as the most enterprise-ready generative AI platform in the market. Notable enterprise clients, such as UberEats, Moody's, and Shutterstock, are utilizing Google's AI solutions for their operations.
Google's updated AI models offer accelerated “grounding” capabilities, ensuring that answers are linked to their sources and assigned a trustworthiness score. This feature aims to enhance factuality and minimize misinformation, contributing to more reliable decision-making processes.
Future Developments and Industry-Specific Tools
Google plans to introduce a new industry-specific grounding tool in the coming months, catering to financial analysts and legal professionals. This tool will enable users to align their AI queries with relevant industry data sources, further enhancing the accuracy and reliability of the AI-generated insights.
Key statistics highlighting Google's AI advancements include a 60% rise in profits in the first quarter, driven in part by AI, 22 hours of audio processing capacity for Gemini 1.5 Pro, and the ability of Gemini 1.5 Flash to analyze a 14-minute video in just one minute, showcasing a 20% speed improvement over ChatGPT-4o.
