"Google is on a tear right now - but its success in the AI race wasn't always guaranteed. In late 2022, OpenAI captured the moment with the release of ChatGPT. After a number of fumbles as Google struggled to get its own chatbot out the door, some of the closest Google watchers were calling for CEO Sundar Pichai to step down."
"Google's Gemini 3 AI model has helped fuel a major turnaround for the company. Nearly three years later, Google has performed a miraculous turnaround. Its new AI model, Gemini 3, is proving such a win that Marc Benioff said he's switching from ChatGPT. Google has just surpassed Microsoft's market cap and is on its way to a $4 trillion status. Its stock price is up nearly 70% this year."
Gemini 3's launch has been a central factor in Google's recent corporate rebound, driving product and market momentum. Custom-designed chips improved infrastructure and AI deployment efficiency. A favorable antitrust ruling reduced regulatory uncertainty and strengthened competitive positioning. Warren Buffett's backing increased investor confidence. Initial setbacks followed OpenAI's ChatGPT release in late 2022, but sustained investment and product refinement produced a turnaround. Market capitalization recently surpassed Microsoft's and is trending toward $4 trillion, with the stock up nearly 70% year-to-date. Integrated advances across models and platforms, including Search, aligned to deliver enhanced user-facing AI capabilities.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]