Alphabet shares fall on report its Gemini 3.5 Pro AI model is delayed
Alphabet shares dropped after reports that its most powerful AI model, Gemini 3.5 Pro, faces a delayed rollout to the broader public. The company had announced the model in May, saying it was already in internal use but was not yet ready for wider release. The delay fueled concerns Google is falling behind in the AI race.
Alphabet shares fell after reports indicated that Gemini 3.5 Pro, the company's most powerful artificial intelligence model, faces a delayed rollout to the wider public. Google's parent company had announced the model in May, saying it was already being used internally but was not yet ready for a broader release.
The delay report deepened investor concerns that Google is losing ground to rivals such as OpenAI and Anthropic in the increasingly competitive race to deploy advanced AI systems. The company did not offer a detailed explanation for the delay or provide a firm new release date.
Analysts say the timely rollout of the Gemini family of models is seen as critical to Alphabet's efforts to defend its position in cloud computing and advertising as AI reshapes both businesses. The stock's decline came amid a broader pullback across technology shares following the report.
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