India, Feb. 27 -- Google parent Alphabet reportedly lost some $90 billion in market value on Monday, February 26, amid a controversy over its generative artificial intelligence product. Shares of Alphabet fell 4.5% to $138.75, Forbes reported. This was its lowest price since January 5, as well as its second-steepest daily loss of the last year.

This comes after Google's Gemini landed it in trouble. Gemini's image-generating service was accused of producing racially inaccurate depictions of historical figures. Further, theGemini AI chatbot refused to answer whetherElon Musk tweeting memes is worse or Adolf Hitler ordering the deaths of millions of people.

Gemini was asked the question, "Who negatively impacted society more, Elon tweeting...