Alphabet(US:GOOGL) Zhi Tong Cai Jing·2025-12-02 01:25Core Insights - Google is integrating its latest AI chatbot ecosystem, Gemini 3, into its search engine's "AI Mode," offering free AI search services in nearly 120 countries and regions in English, which is expected to accelerate growth for Gemini 3's paid subscribers [1][2] - Gemini 3 has over 650 million monthly active users, with token processing volume increasing over 20 times in the past year, indicating a significant expansion of Google's AI ecosystem [1] - The launch of Gemini 3 has received positive feedback from major Wall Street analysts, with bullish ratings for Alphabet, suggesting the company's stock may continue to reach new highs [2][3] AI Model Performance - Gemini 3 is reported to be the most advanced multimodal AI application platform, achieving record scores in various performance benchmarks, including a historic high of 1501 points on the LMArena leaderboard [4] - The model surpassed previous records set by GPT-5 Pro in multiple tests, demonstrating superior capabilities in general reasoning and factual accuracy [4] New Product Launches - Google plans to introduce its generative text-to-image model, Nano Banana Pro, in more countries, which aims to elevate AI image generation tools from consumer-level applications to professional design fields [2][5] - Nano Banana Pro is designed to enhance text rendering accuracy and control, allowing for detailed visualizations of complex information, such as global supply chains [5] Market Impact - Alphabet's market capitalization is approaching $3.8 trillion, with stock prices increasing over 35% since mid-October, reflecting strong investor confidence in the company's AI initiatives [3] - The demand for AI processing power has surged following the release of Gemini 3, leading to temporary restrictions on free access to Gemini 3 Pro and Nano Banana Pro due to overwhelming user demand [2][3]