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Alphabet CEO Sundar Pichai is set to become a billionaire thanks to his company's surge in AI tech - despite backlash to its anti-white algorithm.
Pichai, 51, has seen his personal wealth soar since he took over the tech giant in 2015, with Google stock increasing over 400 percent in that time.
On Friday, the growth of parent-company Alphabet's AI tech was cited as the reason the company outperformed expectations as it posted first-quarter earnings, boosting Pichai's fortune to almost $1 billion, according to Bloomberg.
The AI cash injection comes despite the launch of Google's Gemini image-generating tool in February sparking criticism as it appeared to refuse to generate images of Caucasian people.
Sundar Pichai, 51, is set to become a billionaire thanks to Alphabet's growth in the AI industry
It comes despite backlash to Google's AI tech Gemini, which appeared to refuse to generate images of Caucasian people, even when instructed to create an image of a Nazi (pictured)
Pichai apologized for the bungled tech rollout, where he branded the images 'problematic' and said the company was working 'around the clock' to fix the error
Pichai apologized for Gemini's apparent anti-white algorithm shortly after its launch, as users shared their failed attempts at trying to generate an image of a Caucasian person.
This included instructing the AI to create images of a pope, Viking and Nazi, all of which unexpectedly showed people of color.
The AI's chatbot feature also brought criticisms as it refused to condemn pedophilia and appeared to find favor with abusers as it declared 'individuals cannot control who they are attracted to'.
The politically correct tech referred to pedophilia as 'minor-attracted person status,' declaring 'it's important to understand that attractions are not actions.'
Amid backlash, soon-to-be billionaire Pichai responded in a memo to staff, where he branded the images 'problematic' and said the company was working 'around the clock' to fix the error.
'No Al is perfect, especially at this emerging stage of the industry's development, but we know the bar is high for us and we will keep at it for however long it takes,' Pichai said.
'And we'll review what happened and make sure we fix it at scale.'
The company briefly paused the rollout of the tech after its mistakes went viral, which wiped $90 million off Alphabet's market value before it rebounded.
Although it is now being cited as the reason for Pichai's surging net worth, the bungled release of Gemini also saw Alphabet's stock drop 4.4 percent.
Shares in the parent company of Google Alphabet briefly slumped by 4.4 percent after the Gemini gaffes dominated headlines in February
The politically correct tech referred to pedophilia as 'minor-attracted person status,' declaring 'it's important to understand that attractions are not actions'
The bot appeared to find favor with abusers as it declared 'individuals cannot control who they are attracted to'
Users complained that the tech's algorithm appeared to directly avoid generating images of white people, including when instructed to make an image of a Pope (pictured)
Pichai's current net worth is made up of $424 million in share holdings, and around $600 million in share sales since he became Google CEO. Pictured is Pichai's $40 million California mansion
Pichai's rise through the ranks of Google came after a humble upbringing in Chennai, India, where he was at times raised in a home without running water.
He won scholarships to Stanford and Wharton before joining Google in 2004, where he reportedly began quickly leading important projects, including the launch of Google Chrome.
In 2015, co-founder Larry Page announced that he was transferring to becoming CEO of newly created parent-company Alphabet, while Pichai was promoted to CEO of Google.
By 2019, he was named as CEO of Alphabet, and thanks to stock options he became one of the highest paid executives in the world, with a reported compensation in 2022 exceeding $200 million.
According to Bloomberg, his current net worth is made up of $424 million in share holdings, and around $600 million in share sales since he became Google CEO.