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Alphabet (GOOGL) Targets Consumers with New AI-Powered Laptop Called ‘Googlebook’

Story Highlights

– The new computers build on Alphabet’s Chromebook.
– AI features will make the new laptops user friendly.

Alphabet (GOOGL) Targets Consumers with New AI-Powered Laptop Called ‘Googlebook’

Google’s parent company Alphabet (GOOGL) has unveiled a new artificial intelligence (AI) powered laptop computer called “Googlebook.”

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The new laptops will be built around Alphabet’s Gemini AI system and designed to integrate with the company’s existing Android smartphones and other devices. The company added that the new Googlebook represents a shift from traditional operating systems to what it calls an “intelligence system,” combining elements of Android and ChromeOS.

The laptop computers will also provide users with access to Google Play apps and the Chrome internet browser. A new feature being touted by Alphabet is “Magic Pointer.” Developed with Google DeepMind, Magic Pointer activates when users wiggle their cursor and provides suggestions on what to do based on screen content, such as creating calendar events or selecting images.

Building on Chromebook

The new line of laptops builds on Alphabet’s Chromebook computer, which was first introduced 15 years ago. The Googlebook will also include “Create your Widget” that allows users to generate custom desktop widgets through text prompts. The feature can pull information from Gmail, Calendar and internet searches to create personalized dashboards with details like restaurant reservations.

The laptops will support Quick Access, enabling users to view and insert files from their Android phones directly through the laptop’s file browser without transferring data. Users will also be able to open Android phone applications seamlessly on their Googlebook screens. Alphabet said that it is partnering with Dell and HP to manufacture the new Googlebook laptops. An exact release date hasn’t set.

Is GOOGL Stock a Buy?

The stock of Alphabet has a consensus Strong Buy rating among 33 Wall Street analysts. That rating is based on 28 Buy and five Hold recommendations issued in the last three months. The average GOOGL price target of $426.44 implies 11% upside from current levels.

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