Alphabet shares fall on report its Gemini 3.5 Pro AI model is delayed
Alphabet shares fall on report its Gemini 3.5 Pro AI model is delayed
https://www.cnbc.com/2026/07/16/alphabet-stock-gemini-3-5-pro-ai.html
Publish Date: 2026-07-16 15:07:00
Source Domain: www.cnbc.com
Here is a summarized list of key points from the provided article:
– Alphabet’s stock prices dropped by 4% following a report about delays in releasing its flagship Gemini 3.5 Pro AI model.
– The Gemini 3.5 Pro AI model, according to Bloomberg, is months behind schedule due to difficulties in meeting internal expectations, particularly in its coding capabilities.
– The delays have exacerbated the competitive landscape as rivals like Meta and OpenAI have recently introduced new AI models that allegedly outpace Google’s current offerings in code generation.
– Initially announced in May at the Google I/O developer conference, the model was not expected to be available broadly until the following month.
– Alphabet emphasized a commitment to releasing a range of models responsibly, including “testing 3.5 Pro, an upgraded Flash model, and other models with partners.”
– Competition in AI code-generation has intensified, with providers emphasizing cost-effectiveness relative to performance, as illustrated by the recent releases of Meta’s Muse Spark 1.1 and OpenAI’s GPT-5.6 Sol models.
For more specific and in-depth information, please refer to the original article from CNBC.
