Alphabet's shares decline as delays in Gemini indicate Google is facing challenges in the AI competition.

Alphabet's shares decline as delays in Gemini indicate Google is facing challenges in the AI competition.
Summary
Alphabet shares dropped over 4% due to AI competition concerns.
Google’s Gemini 3.5 Pro AI model is delayed for performance enhancements.
CEO Sundar Pichai previously announced a June launch that hasn't occurred.

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On Thursday, Alphabet's stock experienced a decline of over 4%, signaling investor anxiety regarding the company's position in the competitive landscape of artificial intelligence.

According to a report by Bloomberg, Google’s advanced AI model, Gemini 3.5 Pro, is significantly delayed, with its release pushed back due to ongoing efforts to enhance its capabilities. CEO Sundar Pichai had initially projected a launch in early June, yet the model remains unreleased months later.

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