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After dealing with some headwinds earlier this year, stemming from intensifying artificial intelligence (AI) competition and regulatory hurdles, Alphabet (GOOG) (GOOGL) is once again flying high in 2025. A major reason for this renewed excitement is the debut of Gemini 3, its most powerful large language model (LLM) to date, which arrived last month and is already being viewed as a serious challenger to OpenAI’s ChatGPT.
At the same time, demand for Google’s custom-built AI chips is heating up, with several major industry players lining up for access. Together, these rapid-fire AI developments are helping Google remind the world that when it comes to innovation, it’s still one of the biggest forces in tech and definitely not a company to underestimate. And Wall Street seems to agree.