Alphabet, the parent company of Google, has lost $100 billion in stocks.

Google is launching a new product called Bard AI, competing with Open AI's Chat GPT

Bard AI is intended to provide answers to user questions, similar to Chat GPT

Alphabet hosted an online event to promote Bard AI

During the promotional video, Bard AI gave inaccurate answers

This mistake caused a major problem for Alphabet

The company lost more than $100 billion in sales within hours

Open AI's Chat GPT is supported by Microsoft with a $10 billion investment

On the same day as Alphabet's loss, Microsoft's stocks rose by 3%

The inaccurate answers by Bard AI have been regarded as a major problem for Alphabet