Google revealed a new AI model amid growing competition with OpenAI. What does it mean?

Google has unveiled a new artificial intelligence model, Gemini 3, which will be the basis for most of the company's products, CNBC reports. The model will be built into the Gemini app, the updated AI Mode search mode, AI Overviews summaries, and Google's corporate services. The first users will get access as early as Tuesday, and Gemini 3 will be opened up to a wider audience in the coming weeks.

According to Google, Gemini 3 should change the way you interact with AI. Thus, chatbot responses will "replace clichés and flattery with genuine insight - telling you what you need to hear, not what you want to hear," emphasized Demis Hassabis, CEO of Google's AI division DeepMind. In this way, Google is trying to answer the long-standing reproach of critics that modern chatbots are too obliging and avoid direct answers, CNBC adds.

The announcement of Gemini 3 follows just eight months after the release of version 2.5 and less than a year after Gemini 2.0. The search giant aims to keep up in the AI race with ChatGPT creator OpenAI, which is launching a global generative AI boom at the end of 2022, CNBC emphasizes. According to Google's statement , Gemini's ecosystem is growing aggressively, with 650 million people using the app per month and the AI Overviews feature attracting about 2 billion monthly users. By comparison, OpenAI reported in August that ChatGPT has 700 million users every week.

The launch of Gemini 3 will help Google remain a leader in the AI race, according to Reuters. Even before the new version was announced, MarketWatch noted that the Gemini 3 release could be a new catalyst to boost Alphabet's stock and strengthen Google's position in the AI market. Investors were worried about ChatGPT displacing classic search in 2025, but Google has impressed the market with the sustainability of its search business and the capabilities of its own models, the publication emphasized. Morgan Stanley predicted in October that the release of Gemini 3 should improve the quality of AI reasoning - the model's ability to draw conclusions and make predictions based on data. Analysts also expected progress in diffusion technologies responsible for image and video generation, as well as in the areas of agent commerce and travel planning.

In trading on November 18, shares of Alphabet - Google's parent company - jumped more than 1% to $288.9. Since the beginning of the year, the company's market value has added more than 50%, which is the best result among the "Magnificent Seven" players.

This article was AI-translated and verified by a human editor