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Google starts September with AI momentum after longest monthly losing streak in over a decade
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After wrapping up its longest monthly losing streak on Wall Street in more than a decade, Google has started September by giving investors several reasons for optimism.
Key facts
- The company on Wednesday launched Gemini 3.8 Flash, its third Flash model in six weeks, alongside a new cybersecurity model aimed at trusted government and enterprise customers
- After wrapping up its longest monthly losing streak on Wall Street in more than a decade, Google has started September by giving investors several reasons for optimism
- Meanwhile, a federal judge on Wednesday rejected the Justice Department's push to force Google to sell its ad exchange, another victory for the company against the government's antitrust efforts
- Taken together, the developments offer a more constructive setup for Alphabet after a difficult summer, when Google lost some of its momentum in the AI model race, saw high-profile talent departures
Summary
The company on Wednesday launched Gemini 3.8 Flash, its third Flash model in six weeks, alongside a new cybersecurity model aimed at trusted government and enterprise customers. Meanwhile, a federal judge on Wednesday rejected the Justice Department's push to force Google to sell its ad exchange, another victory for the company against the government's antitrust efforts. Taken together, the developments offer a more constructive setup for Alphabet after a difficult summer, when Google lost some of its momentum in the AI model race, saw high-profile talent departures, and underwent a major restructuring inside DeepMind.