Core Insights - Alphabet's shares increased approximately 3% following the launch of its Gemini 3 AI model [1] Group 1: AI Initiatives and User Engagement - Alphabet is a significant player in the AI sector, with its AI Overviews search tool attracting 2 billion monthly users and the Gemini AI assistant app having over 650 million monthly users [3] - Over 70% of Google's cloud computing customers utilize its AI services, and 13 million developers are engaged in building products using its generative AI models [3] Group 2: Gemini 3 Model Features - Gemini 3 is described as Alphabet's most advanced AI model, capable of synthesizing information across various formats including text, images, video, audio, and code [5] - The model exhibits superior reasoning capabilities, better contextual understanding, and improved performance across benchmarks such as mathematics, scientific knowledge, coding, and factual accuracy compared to previous models [6] - Gemini 3 is designed to provide more direct and concise responses, addressing user frustrations with other leading models [6] Group 3: Availability and Market Impact - The new AI tools from Gemini 3 are now accessible through Alphabet's search browser's AI Mode, the Gemini app, and developer platforms [7] - The capabilities of Gemini 3 are expected to enhance Google's growth driven by AI technologies [8]