Google Pushes Gemini 3.8 Flash as Alphabet Ends Longest Losing Streak Since 2015
· Technology · CNBC
Alphabet entered September after a four-month monthly losing streak, its longest on Wall Street since 2015, with the stock still slightly down early in the month after a 1% drop on Tuesday and a 0.6% rise on Wednesday. Google launched Gemini 3.8 Flash, its third Flash model in six weeks, alongside a new cybersecurity model for government and enterprise clients, betting on smaller, cheaper models focused on coding and agentic tasks to drive enterprise revenue. Google DeepMind senior director of product management Tulsee Doshi said the recent Flash models have "really surprised us in positive ways in their performance." Berkshire Hathaway CEO Greg Abel publicly backed Alphabet's AI position, and a federal judge rejected the Justice Department's bid to force Google to sell its ad exchange, a separate antitrust win. The company is reframing the launch around reasoning and software engineering gains over Gemini 3.7 Flash after a difficult summer that included high-profile talent departures
Why it matters
Alphabet's ability to translate smaller, cheaper AI models into enterprise revenue — and to hold off the DOJ's ad-exchange break-up — directly affects the competitive pressure Indian IT services, SaaS firms, and AI startups face from Google's stack, and influences the global AI pricing curve Indian buyers pay for cloud and coding tools.
Read the original report — CNBC
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.