Google starts September with AI momentum after longest monthly losing streak in over a decade
After a slow but extended selloff on Wall Steet, Google began September with renewed momentum, helped by new AI models.
TL;DR
- Google launched Gemini 3.8 Flash, its third Flash model in six weeks, aimed at coding and agentic tasks.
- A new cybersecurity AI model for government and enterprise customers was also introduced.
- Berkshire Hathaway CEO Greg Abel expressed confidence in Alphabet's AI position.
- A federal judge rejected the Justice Department's request to force Google to sell its ad exchange.
- Gemini 3.8 Flash offers improved reasoning and coding capabilities at a competitive price.
- Google Cloud customers are increasing their AI product spending.
- Demis Hassabis envisions Gemini as a coordinating layer for specialized models and agents.
- The ad business continues to perform strongly, with 14% growth in the latest quarter.
- Google faces ongoing antitrust scrutiny but has recently won key legal battles regarding its ad exchange and Chrome.
- The company is investing heavily in AI infrastructure, anticipating long-term growth and market share gains.