Larry Page, the cofounder of Google and a key shareholder in Alphabet Inc., has officially overtaken Jeff Bezos to become the third-richest person in the world. This significant wealth jump came on the heels of the announcement of Google’s Gemini 3 AI model and a stellar quarterly performance by Alphabet.
Following Alphabet’s strong third-quarter earnings and the release of the Gemini 3 AI model, the company’s shares surged by nearly 6% in early trading. Though the gain later stabilized to 3.3%, it resulted in a $7.6 billion boost in Larry Page’s net worth.
With this leap, Page moved ahead of Amazon founder Jeff Bezos, whose wealth stands at $233.6 billion, securing the #3 spot on the Forbes Real-Time Billionaires List.
Gemini 3, the latest artificial intelligence model by Google, is being hailed as a breakthrough in advanced AI reasoning. According to Alphabet, it is the first AI system to achieve PhD-level academic reasoning, marking a 74% improvement over its predecessor.
Key features include,
The Gemini 3 launch came just after Alphabet reported its first-ever $100 billion quarter, beating Wall Street estimates and achieving,
Here are the current top five billionaires globally,
These facts are essential for competitive exam preparation,
Kevin Warsh has appointed as governor of the Federal Reserve by the US Senate. Kevin…
India is a country rich in geographical diversity and cultural heritage. Many Indian states are…
India has appointed senior diplomat Prashant Pise as Ambassador to the Sultanate of Oman. Prashant…
The world is home to thousands of fascinating animal species, but among rodents, one giant…
India's legend cricketer Rahul Dravid become the owner of the Dublin franchise in the European…
CEO and Managing Director of Tata Chemicals of Tata Chemicals, R Mukundan assumed the office…