Alphabet Shares Tumble 4% as Gemini 3.5 Pro Faces Delays Amid Coding Performance Struggles
Summary
Alphabet shares tumble 4% as its flagship Gemini 3.5 Pro AI model faces months-long delays due to coding performance struggles, leaving Google scrambling to keep pace with rivals OpenAI and Meta who are already debuting powerful new AI coding models.
Key Points
- Alphabet shares drop 4% after reports emerge that its flagship Gemini 3.5 Pro AI model is months behind schedule due to performance improvement efforts.
- Gemini 3.5 Pro's coding capabilities are falling short of internal expectations, putting Google at a disadvantage as rivals OpenAI and Meta debut powerful new AI coding models.
- Alphabet confirms it is currently testing Gemini 3.5 Pro with partners, stating it is shipping quickly across a wide range of models while keeping them cost-effective for customers.