Alphabet's Gemini Enterprise for Legal Scores Big Law Firm Endorsements
Alphabet's GOOGL stock price is holding steady at $348 after launching Gemini Enterprise for Legal, a platform that combines specialized AI agents and legal-software integrations to streamline law firms' work.
The announcement comes as Alphabet's second-quarter revenue jumped 24% to $119.8 billion, with Google Cloud revenue soaring 82% to $24.8 billion.
Participating law firms include Weil, Cleary Gottlieb, Freshfields, and Williams & Connolly, which is a significant endorsement of the platform's capabilities.
The valuation picture shows that Alphabet's share price sits 36.89% above its $250.62 GF Value estimate, indicating investors' confidence in the company's AI story.