TECH - AI Focus At Google I/O: Analyst Anticipates Groundbreaking Announcements In Search Mobile Tech | Benzinga
On the cusp of Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) annual developer event, Google I/O, BofA analyst Justin Post maintained a Buy rating on Alphabet with a price target of $200.
Google I/O takes place on May 14 and is set to show accelerating Al integration across the ecosystem.
While the event is developer-focused, Post expects I/O to be full of AI-related announcements and deeper integration of Gemini into the Google app ecosystem.
Google could use I/O to demonstrate the growing availability of SGE in search results and new mobile capabilities enabled by Gemini, as per the analyst.
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Recently, Google highlighted that Gen-AI integrations into Search are helping grow usage and query volumes, and Google could showcase some of the most compelling SGE use cases, which he flagged. Post said that Google could also announce new SGE features such as streamlined follow-up question capabilities and enriched ...