Alphabet (GOOGL) Rises 1% After Launching Gemini 3 AI Model
Alphabet (GOOGL) shares climbed 1% following the debut of its Gemini 3 AI model, marking a swift integration into revenue-driving products like its search engine. The model leads industry benchmarks, with CEO Sundar Pichai touting it as the company's most advanced to date. Google's chief AI architect emphasized unprecedented rollout speed, contrasting with previous multi-month deployment cycles.
The launch coincides with Alphabet's stock hitting record highs, buoyed by Berkshire Hathaway's $4.93 billion stake acquisition. This positions Gemini 3 as a direct challenger to Microsoft's 365 Copilot, with immediate product integration signaling strategic urgency in the AI arms race.