Gemini 3 Just Made Larry Page Third Richest Man
18 hours ago
- #Stock Market
- #Wealth
- #Artificial Intelligence
- Google co-founder Larry Page becomes the third-wealthiest person, surpassing Jeff Bezos.
- Alphabet shares rose 3%, adding $6 billion to Page's net worth, now at $252 billion.
- Sergey Brin, Google's other co-founder, moved to fifth place with a $5 billion gain.
- Gemini 3 AI model's release boosted investor confidence in Alphabet's AI capabilities.
- Gemini 3 offers more accurate answers to complex queries without lengthy prompts.
- The AI sector's volatility has reshuffled billionaire rankings, with Larry Ellison briefly leading earlier this year.
- Analysts caution about overheated valuations but acknowledge Gemini 3's tangible progress.