From Gemini, Claude to Llama: How AI titans shaped the industry in 2024

Artificial Intelligence was seen as novelty in 2023 with the launch of ChatGPT just a month before the start of that year.

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Microsoft CEO Satya Nadella, after investing $10 billion in OpenAl, threw down the gauntlet to Google, taunting the DeepMind owner to show what its Al could do. Google tottered with its half-baked Bard bot that spewed out inaccurate answers. In subsequent months, the Alphabet-owned company went through a baptism of fire and finally came out with a rechristened Al, Gemini, by the end of 2023.Building on that momentum, the search giant steadily rebuilt its reputation and began infusing Gemini capabilities in almost all of its products and services in 2024. Google's recent Al advances, including the second generation of Gemini, the Trillium Al accelerator chip, and breakthroughs in quantum computing with the Willow chip, have significantly boosted investor confidence, driving its stock price to a record high.

OpenAl did not give Google's Gemini an easy run. The competition between the two Silicon Valley giants was intense. Both the firms launched advanced Al models with improved reasoning capabilities. OpenAl’s 03 model built on top of its predecessor, 01, by focusing on enhanced reasoning skills, outperforming previous models in complex coding and advanced mathematics. Similarly, Google’s Gemini 2.0 Flash Thinking model answered complex questions by outlining its thought process, enhancing the model’s reasoning capabilities.OpenAl's 03 model, with its advanced reasoning capabilities, garnered more attention from Microsoft as the tech giant relies on OpenAl models for its Alassistant, Microsoft 365 Copilot. While 03 promises better performance, its increased cost and computation time are significant considerations for business applications.