Alphabet stock rose on Wednesday amid optimism about Google’s new Gemini artificial intelligence model.Alphabet launched its Gemini 3 model on Tuesday, claiming it is its most advanced AI yet. Wall Street and technology analysts were generally positive about its performance versus ChatGPT.

After more than a month of rumors and feverish speculation — including Polymarket wagering on the release date — Google today unveiled Gemini 3, its newest proprietary frontier model family and the company’s most comprehensive AI release since the Gemini line debuted in 2023.

Benchmarks show Google's Gemini 3 handily beating OpenAI's latest GPT-5.1 model, but there are still reasons to use ChatGPT.

Google cofounder Larry Page overtook Amazon’s Jeff Bezos to become the world’s third-wealthiest person Wednesday, as Alphabet’s stock surged by nearly 6% in the wake of strong third quarter earnings and the release of Google’s Gemini 3 AI model.

Google clearly has high hopes for Gemini 3 in the coding domain. Along with the new model, the company has released Google Antigravity, a new agentic development platform that will likely compete with fast-growing startup Cursor, which sells its own AI-powered integrated development environment (IDE).

Google released Gemini 3, its latest and most advanced foundation model, to be made immediately available through the Gemini app and AI search interface.

Google’s new WeatherNext 2 AI model boosts the accuracy and speed of weather forecasts across Search, Gemini, and Pixel Weather, with enterprise access via Google Cloud.

See how Gemini 3 recreates OS in a browser, solves tough math, and how Nano Banana 2 adds 2K art, 4K upscaling, and better editing ahead of November releases