Google Begins September with AI Momentum After Longest Monthly Losing Streak in Over a Decade After concluding its longest monthly losing streak on Wall Street in more than a decade, Google has entered September with a series of developments aimed at rekindling investor confidence. The company launched Gemini 3.8 Flash, its third Flash model in six weeks, alongside a new cybersecurity model tailored for trusted government and enterprise clients. These moves, combined with a federal judge’s rejection of the Justice Department’s attempt to force Google to divest its ad exchange, mark a turning point for Alphabet amid a challenging summer marked by AI competition, talent departures, and internal restructuring at DeepMind. The stock’s recovery has been modest, with a 0.6% rise on Wednesday following a 1% drop on Tuesday, leaving it slightly down for the month. However, Google is emphasizing its advancements in Gemini 3.8 Flash, which focuses on coding and agentic tasks—areas where AI companies are striving to convert technological progress into enterprise revenue. The model is described as Gemini’s best reasoning and coding iteration to date, with notable improvements over its predecessor, Gemini 3.7 Flash, particularly in software engineering and multi-step tasks. Tulsee Doshi, senior director of product management at Google DeepMind, told CNBC that recent Flash models have “really surprised us in positive ways in their performance,” offering opportunities to leverage these advancements. While smaller Flash models are cheaper and faster to iterate than Google’s largest frontier systems, analysts like Gil Luria of D.A. Davidson note that they still fall short of competing with Anthropic or OpenAI.#google #alphabet #google_cloud #fairwind_program #deepmind
