Google opens September with AI push after longest monthly losing streak in over a decade
Google began September with renewed momentum after its longest monthly losing streak on Wall Street in over a decade, launching new AI models and winning a legal victory against the Justice Department. On Wednesday, Google unveiled Gemini 3.8 Flash, its third Flash model in six weeks, focused on coding and agentic tasks, alongside a cybersecurity model for trusted government and enterprise customers. A federal judge also rejected the DOJ's push to force Google to sell its ad exchange, opting for behavioral remedies instead. The company is emphasizing cost advantages, with Gemini 3.8 Flash priced at 75 cents per million input tokens, and nearly three-quarters of Google Cloud customers already using its AI products. Berkshire Hathaway CEO Greg Abel voiced confidence in Alphabet's AI position, while analysts note Google remains a distant third in the enterprise AI market behind Anthropic and OpenAI.