Why Alphabet Stock Dropped on Friday
Is Alphabet losing the AI race to OpenAI and Anthropic?
Overview
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock slipped 2% through 10:15 a.m. ET Friday after Bloomberg reported, Thursday afternoon, that its Gemini 3.5 Pro flagship AI model is "months behind schedule" and at risk of losing the AI footrace to OpenAI and Anthropic.
Image source: Alphabet.
What's holding up Gemini 3.5 Pro? Alphabet is trying to get the model more competitive with OpenAI and Anthropic in coding software -- and its engineers are frustrated that Gemini 3.5 Pro still lags its rivals in coding ability.
Details
Source
Originally published at www.fool.com.
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