Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) were moving higher after the tech giant got a round of applause for the release of Gemini, its latest and most capable artificial intelligence (AI) model. The market response was a notable contrast from its first AI chatbot Bard, which it released in February and was initially poorly received.

Alphabet stock was up 5.5% as of 3:02 p.m. ET on the news.

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Source Fool.com