Ep. 123
03:54
Google's Gemini 3.5 Pro Is Months Late; Alphabet Loses $200 Billion in a Day
About This Episode
Bloomberg reported on July 16 that Google is months behind schedule on Gemini 3.5 Pro, its most powerful flagship AI model, largely because of coding weaknesses. Alphabet shares fell about 4.4%, erasing roughly $200 billion in market value, as investors read the slip as a sign Google is struggling to keep up with OpenAI and Anthropic.
Our Take
The company that invented the transformer is months late and $200 billion lighter, but if intelligence is commoditizing, the real question isn't whether Google has the smartest model, it's whether the smartest model is even the moat anymore.