Alphabet Launches Gemini 3.5 Flash, Omni and Antigravity 2.0 at Google I/O
Alphabet unveiled a four-pronged AI product portfolio at Google I/O 2026, including Gemini 3.5 Flash, Omni, Gemini Spark, and Antigravity 2.0, and set a roadmap to compete with OpenAI and Anthropic. Shares trade near $387, up 25% YTD, with analysts rating Moderate Buy and a $412.65 price target.
1. Google I/O 2026 AI Product Announcements
At Google I/O 2026, Alphabet introduced four new AI offerings: Gemini 3.5 Flash, delivering 2× faster inference and 30% lower per-query costs; Omni, a unified world model for physical environment simulation; Gemini Spark, an autonomous agent for workflow automation; and Antigravity 2.0, a desktop hub for AI applications.
2. Stock Performance and Analyst Outlook
Following the announcements, Alphabet shares are trading near $387, up 25% year-to-date. Analyst consensus remains Moderate Buy with a $412.65 price target, reflecting confidence that the expanded AI lineup will drive cloud and services revenue growth.
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