Confidently Right Wrong

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Bing AI misstated Gap and Lululemon earnings in Microsoft's launch demo

Date
Feb 2023
Tool
Bing AI chat (Microsoft), on stage at the launch
Sector
Tech / financial analysis

Live demo in February 2023; errors reported Feb 13-14, 2023.

What the AI said

Gap: operating margin 5.9%, adjusted diluted EPS $0.42, full-year 'growth in the low double digits', cash $1.4B, inventory $1.9B. Lululemon: gross margin 58.7%, operating margin 20.7%, diluted EPS $1.65.

What was actually true

Gap: operating margin 4.6%, adjusted diluted EPS $0.71, Q4 net sales 'could be down mid-single digits', cash $679M, inventory $3.04B. Lululemon: gross margin 55.9%, operating margin 19%, diluted EPS $2 (adjusted $1.62). CNBC said 5.9% and $0.42 do not appear in Gap's report.

Cost or impact

No dollar cost reported. Microsoft said it expected 'the system may make mistakes during this preview period'.

Who caught it

Independent search researcher Dmitri Brereton, in a Substack post about a week later.

Check that would have caught it Our analysis

recompute in code. Pull the figures straight from the filing's tables and compare them programmatically before showing a summary.

This is our judgment, not something the sources say. How we assign it.

Sources

  1. cnbc.comhttps://www.cnbc.com/2023/02/14/microsoft-bing-ai-made-several-errors-in-launch-demo-last-week-.html
  2. dkb.bloghttps://dkb.blog/p/bing-ai-cant-be-trusted
  3. theverge.comhttps://www.theverge.com/2023/2/14/23599007/microsoft-bing-ai-mistakes-demo

Links last checked Oct 24, 2026. If something here is wrong, send a correction.