Alphabet Slides 4% as Gemini 3.5 Pro Delay Extends by Months
Updated
Updated · CNBC · Jul 16
Alphabet Slides 4% as Gemini 3.5 Pro Delay Extends by Months
3 articles · Updated · CNBC · Jul 16
Summary
Alphabet shares fell 4% on Thursday after Bloomberg reported Gemini 3.5 Pro is months behind schedule, extending a launch timetable Google had expected to reach by June.
Gemini 3.5 Pro's coding performance missed internal expectations, prompting more work to improve the model as code generation becomes a key battleground in AI.
The delay leaves Google exposed as OpenAI and Meta push newer coding-focused models; OpenAI said its GPT-5.6 Sol is 54% more token efficient on agentic coding tasks.
Google said it is still testing 3.5 Pro, an upgraded Flash model and other systems with partners, while stressing it is shipping models quickly and keeping them cost-effective.