Tech giant Google (GOOGL) is making significant strides in enhancing its AI-powered search tool, known as AI Mode. This innovative feature will soon be available in over 180 countries and territories, with an initial rollout in English and plans to support additional languages in the near future. AI Mode transforms the way users interact with search engines by enabling them to ask complex questions and receive more conversational and helpful answers.
A standout addition to AI Mode is the new "Share" button, which allows users to share their AI-generated results with friends or family. This feature is particularly useful for collaborative tasks, such as planning events or trips together. By sharing links, users can continue the conversation seamlessly from where they left off. Importantly, users have the option to delete shared links at any time, ensuring they maintain control over their shared information.
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Alongside its global expansion, Google is also enhancing AI Mode with new “agentic capabilities.” These features assist users in completing specific tasks, such as making restaurant reservations tailored to their preferences, including party size, time, location, and cuisine type. AI Mode seamlessly searches various booking platforms like OpenTable, Resy, and Tock, providing real-time options and direct links for users to book their reservations. Google has announced that more features, such as booking event tickets or local services, will be integrated soon.
Additionally, AI Mode is becoming increasingly personalized. For users in the U.S. who opt into the Labs experiment, Google will now customize search results based on previous searches, preferences, and interactions with Google Maps. For instance, someone seeking a quick lunch may receive suggestions that align with their past behaviors, such as a preference for Italian cuisine or outdoor seating. This personalization enhances the relevance of search results while still allowing users to adjust or disable these settings in their accounts.
Shifting focus to the stock market, analysts have a Strong Buy consensus rating for GOOGL stock, backed by 27 Buys and nine Holds assigned in the last three months. The average price target for GOOGL stands at $216.47 per share, indicating an 8.1% upside potential. For those interested in more detailed insights, further information on GOOGL's analyst ratings is available.
