A report that Google's most powerful AI model is running months behind schedule wiped roughly $200 billion off Alphabet on Thursday — and exposed an uncomfortable truth: the company that invented the Transformer is being beaten at the one AI contest that reliably produces revenue, writing software.

Google is months behind on its Gemini Pro upgrade as coding falls short, engineers leave for Anthropic, and a training data refresh disappointed internally.

July 16 : Alphabet's Google is months behind schedule on the release of Gemini 3.5 Pro, its most powerful flagship AI model, as the tech giant works to improve its capabilities,…

By William Gavin and Christine Ji