Alphabet Shares Are Up Today: What's Going On?

Zinger Key Points

Alphabet's stock rise is driven by the introduction of Gemini Robotics, advanced AI models for real-world robotic tasks.
The company's focus on robotics and AI, through partnerships with Apptronik and others, fuels investor optimism for future growth.
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Alphabet Inc.'s Class C stock GOOG is moving higher Wednesday as Google DeepMind unveils Gemini Robotics, a new AI-driven robotics platform powered by its Gemini 2.0 model.

What To Know: The move comes as Google DeepMind rolls out two advanced AI models based on its Gemini 2.0 technology: Gemini Robotics and Gemini Robotics-ER. These developments highlight the company's efforts to extend its AI capabilities beyond the digital realm into physical robots that can perform real-world tasks.

Gemini Robotics is a vision-language-action model that enables robots to understand and respond to their environment with more adaptability than previous AI-driven systems. It can handle unfamiliar objects, environments and tasks, outperforming other models in generalization benchmarks. Gemini Robotics-ER, on the other hand, builds on these capabilities with enhanced spatial reasoning, allowing robots to better understand and manipulate objects in 3D space.

The stock’s rise comes as Alphabet partners with Apptronik to develop humanoid robots and collaborates with companies like Boston Dynamics and Agility Robots to integrate these models into real-world applications. The focus on practical, real-time interaction with humans and the physical environment positions Gemini Robotics as a key player in advancing robotics and AI-driven automation.

GOOG Price Action: Alphabet shares were up 1.82% at $169.04 at the time of writing, according to Benzinga pro.