{"success":true,"data":{"id":"8ebcfd64-a5cd-4702-87e9-9bbd771d2d70","title":"Alphabet shares fall on report its most powerful AI model Gemini 3.5 Pro is delayed","summary":"Alphabet shares fall on report its most powerful AI model Gemini 3.5 Pro is delayed Key Points Alphabet shares sank following a report that the company has delayed releasing its flagship artificial intelligence model.","content":"Alphabet shares fall on report its most powerful AI model Gemini 3.5 Pro is delayed\n\nKey Points\n\n*   Alphabet shares sank following a report that the company has delayed releasing its flagship artificial intelligence model.\n*   The model’s coding capabilities, in particular, were short of internal expectations, according to Bloomberg.\n*   Alphabet previously announced the Gemini 3.5 Pro AI model in May as part of the company’s annual Google I/O developer conference, saying at the time that it was being used internally.\n\nIn this article\n\nFollow your favorite stocks CREATE FREE ACCOUNT\n\nwatch now\n\nVIDEO 1:03 01:03\n\nGoogle’s next flagship Gemini model is reportedly months behind schedule\n\n[Alphabet](https://www.cnbc.com/quotes/GOOG/) shares sank 4% on Thursday following a report that the company has delayed releasing its flagship [artificial intelligence](https://www.cnbc.com/ai-artificial-intelligence/) model.\n\nThe search giant’s Gemini 3.5 Pro AI model is months behind schedule due to the company’s efforts to improve its performance, according to [Bloomberg](https://www.bloomberg.com/news/articles/2026-07-16/google-gemini-launch-delayed-as-tech-falls-short-of-internal-goals), citing sources familiar with the matter. The model’s coding capabilities, in particular, were short of internal expectations and come at a time when rivals like [OpenAI](https://www.cnbc.com/quotes/OPENAI.FG/) and [Meta](https://www.cnbc.com/quotes/META/) have recently debuted new AI models that outpace Google’s current offerings in generating software code, the report said.\n\nThe company previously announced the[Gemini 3.5 Pro AI model](https://www.cnbc.com/2026/05/19/google-ai-ultra-gemini-spark-omni.html) in May as part of the company’s annual Google I/O developer conference, saying at the time that it was being used internally, but wouldn’t be ready for a broader rollout until the following month.\n\nAn Alphabet spokesperson told CNBC in an emailed statement that the company is “shipping quickly across a wide range of models while keeping them highly cost-effective for customers.”\n\n“We’re currently testing 3.5 Pro, an upgraded Flash model, and other models with partners, and we’re productively engaged with the U.S. government,” the spokesperson said.\n\nCode-generation has become one of the biggest use cases for AI model providers like [Anthropic](https://www.cnbc.com/quotes/ANTHR.FG/) and OpenAI and Chinese AI labs like [Z.ai](https://www.cnbc.com/quotes/2513-HK/) that offer[so-called open-weight variants](https://www.cnbc.com/2026/01/26/american-ai-coding-agents-are-impressive-but-so-are-chinas.html) that developers can access for free via the open-source ecosystem.\n\nMeta debuted last week its[Muse Spark 1.1 AI model](https://www.cnbc.com/2026/07/09/meta-jumps-into-ai-coding-market-to-chase-anthropic-and-openai.html), which the company’s AI chief Alexandr Wang described as the social media giant’s “strongest model for agentic and coding work yet.”\n\nOpenAI last week released its[GPT-5.6 Sol](https://www.cnbc.com/2026/07/08/openai-expanding-gpt-5point6-ai-model-release-ending-government-limits.html) AI model, which CEO [Sam Altman](https://www.cnbc.com/sam-altman/) said is 54% more token efficient on[agentic coding tasks](https://www.cnbc.com/2026/07/09/open-ai-sam-altman-chatgpt-5-6-sol.html), underscoring how AI labs are pitching their respective AI coding models as being cost-effective relative to their performance.\n\nAlphabet Class A\n\nRT Quote | Last NASDAQ LS, VOL From CTA | USD\n\n354.03![Image 8: quote price arrow down](https://static-redesign.cnbcfm.com/dist/4ee243ff052e81044388.svg)-16.90 (-4.55%)\n\nLast | 3:15 PM EDT\n\nWATCHLIST+\n\nAlphabet stock chart\n\n**WATCH**: [Google is still a ‘well-positioned’ company, says Gabelli Funds’ John Belton](https://www.cnbc.com/video/2026/06/26/google-is-still-a-well-positioned-company-says-gabelli-funds-john-belton.html).\n\nwatch now\n\nVIDEO 2:56 02:56\n\nGoogle is still a ‘well-positioned’ company, says Gabelli Funds’ John Belton","source_name":"CNBC","source_url":"https://www.cnbc.com/2026/07/16/alphabet-stock-gemini-3-5-pro-ai.html","url":"https://www.cnbc.com/2026/07/16/alphabet-stock-gemini-3-5-pro-ai.html","author":"Unknown Author","author_name":"Unknown Author","published_at":"2026-07-16T19:07:42.000Z","publication_date":"2026-07-16T19:07:42.000Z","image_url":"https://image.cnbcfm.com/api/v1/image/108336172-17842268631784226860-47203254207-1080pnbcnews.jpg?v=1784226861&w=750&h=422&vtcrop=y","category":"ai","topic":"ai","tags":[],"political_bias":null,"bias_score":null,"confidence_score":null,"credibility_score":null,"factual_quality":null,"reading_time":3,"word_count":457,"view_count":0,"breaking":false,"breaking_news":false,"ai_analysis":null,"fact_check_status":"unverified","archive_status":"hot"}}