Sergey Brin Wants Google to Double Down on Gemini. What That Means for GOOGL Stock. Anushka Dutta Sat, August 15, 2026 at 10:00 AM PDT 4 min read GOOG Alphabet's (GOOGL) Google co-founder Sergey Brin has urged its parent company to focus more on its proprietary LLM Gemini. The report also indicates that Google's executives have taken a more hands-on approach to directing its AI operations. Google has recently announced that its AI wing will have a new boss. DeepMind, Google's AI unit, CEO Demis Hassabis will step down, with Koray Kavukcuoglu, previously the AI unit's CTO and Google's chief AI architect, taking over as SVP. This is a strategic choice as Google faces intense pressure from OpenAI and Anthropic. Anthropic's Mythos model and OpenAI's GPT-5.6 have been lauded, but since the Gemini 3.1 Pro launch, no subsequent Alphabet releases have challenged the AI firms so far. More News from Barchart Elon Musk Said Tesla Short Sellers Would Be 'Obliterated' Even Bill Gates Yet They've Made $9 Billion This Year Shorting the Stock Alphabet Stock to $515: 3 Reasons the Bull Case Is Getting Stronger Wall Street Focused on D-Wave's Earnings. Its Bigger Story Came 1 Day Before. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Kavukcuoglu will oversee Gemini's development and its app and developer teams. This aligns with Brin's vision of improving Gemini's capabilities, as coding becomes increasingly important in developing frontier AI. Google reported that Gemini models now process 22 billion API tokens per minute and the Gemini App has 950 million monthly active users. About Google Stock Alphabet, the American multinational technology conglomerate and parent company of Google, is headquartered in Mountain View, California. The company is aggressively expanding its artificial intelligence operations, centralizing AI leadership and development at its main campus to accelerate progress against rivals. It has committed to massive future spending, mostly on AI infrastructure, to power its next-generation models and products. Alphabet has a market capitalization of $4.236 trillion. Investors are optimistic about Google's position in the AI landscape (although they are not happy about the hefty spending), and Google Cloud has become a growth engine for the company. Over the past 52 weeks, GOOGL's stock has gained 70.44%, while it is up 10.51% year-to-date (YTD). It reached a 52-week high of $408.61 on May 18, but is down 15.4% from that level. www.barchart.com For a company of its stature, GOOGL's valuation does not feel overly stretched compared to its peers. Its forward-adjusted price-to-earnings ratio of 16.75 times sits higher than the industry average of 13.12 times. Story Continues Alphabet Beats Q2 Estimates as Cloud Surges and AI Spending Rises For the second quarter, Google's revenues increased by 24% year-over-year (YOY) to $119.80 billion, which was higher than the $101.28 billion that Wall Street analysts had expected. Google Services revenue (mainly from advertising) rose 15% from the prior-year period to $94.54...
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