Overview
- Sundar Pichai introduced Gemini 3 as a major step with more agentic behavior and intent‑grasping “vibe coding,” supporting complex multimodal tasks.
- The model began a staged rollout to select paid subscribers on Tuesday.
- Alphabet shares hit new all‑time highs on Wednesday following the unveiling of the company’s most capable AI model.
- Loop Capital upgraded the stock to Buy and raised its price target to $320, citing healthier Search, a doubled year‑over‑year Gemini traffic share, and improved Google Cloud positioning with proprietary processors.
- Recent context includes Q3 revenue of $102.35 billion with Google Cloud up 34%, Berkshire Hathaway’s newly disclosed stake and a DeepMind expansion in Singapore, as commentators caution about regulatory, CapEx and infrastructure constraints.