New Google chatbot's costly error wipes $100bn off market value

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Bard was unveiled this week as the tech giant's answer to ChatGPT, and a rival to Microsoft's attempt to refresh its Bing search engine with a new AI of its own. Google will hope that its ongoing testing phase will iron out further mistakes.

Microsoft bullish in 'race' to change searchuntil now only releasing an extremely limited version of the softwareOne of the main concerns about these AI models is whether their answers are as accurate as they are realistic, with ChatGPT having been found to often talk just as confidently when it's getting things wrong.

The refreshed Bing, which follows a multibillion-dollar investment by the Windows maker in OpenAI, has been well received since its rollout began on Monday.

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