Google's new coding model

CNBC's MacKenzie Sigalos reports that Google is releasing Gemini 3.8 Flash and a new cyber model as soon as today. Google says the new model is its strongest for coding and reasoning, with better benchmarks and strong internal developer feedback. The report frames Alphabet as better positioned than standalone model labs because token prices are falling, Google owns more of the stack, and its ad exchange is protected by a recent court ruling. She also notes the previous Gemini 3 launch preceded a major Alphabet share rally. - Google is set to release Gemini 3.8 Flash and a new cyber model. - Google says 3.8 Flash is its strongest coding and reasoning model. - Cyber model access is limited to trusted government and enterprise customers. - Alphabet shares are in their longest losing streak since 2015. - Falling token prices are squeezing standalone model labs like OpenAI. - Google can compete on price because it owns more of the stack and can monetize across Cloud, Search, YouTube, and ads. - A judge ruled Google will not have to sell its ad exchange. - The previous Gemini 3 launch preceded a massive Alphabet share rally.