financetom
Business
financetom
/
Business
/
Google unveils Gemini 3.7 Flash AI model for coding, agent workflows
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Google unveils Gemini 3.7 Flash AI model for coding, agent workflows
Aug 13, 2026 10:36 AM

Aug 13 (Reuters) - Alphabet's Google launched

Gemini 3.7 Flash on Thursday, its latest AI model designed for

software coding and automated business tasks, but offered no

details on when its flagship Pro model will be released.

Investors have been closely watching for Gemini 3.5 Pro,

Google's premium model, as a test of whether its DeepMind AI

unit can keep pace with rivals Anthropic and OpenAI.

Google had said in July Gemini 3.5 Pro was being tested

⁠with ​partners and would be coming "soon".

Here are a few details on Gemini 3.7 Flash:

* The company is pitching the model as a lower-cost option

for businesses building autonomous AI systems that can plan

tasks, use software tools and complete multi-step workflows with

less human intervention.

* Gemini 3.7 Flash is released three weeks after Gemini 3.6

Flash. It has shown improved performance on coding tasks,

including debugging, issue resolution and production-ready code

generation, according to a Google blog post.

* To drive adoption, Google is offering Gemini 3.7 Flash at

an introductory rate of 75 cents per million input tokens and

$3.75 per million output tokens through the end of the year,

half the original cost of Gemini 3.6 Flash.

* The model is also being rolled out immediately to Gemini

Spark, Google's subscription-based AI agent service available to

Google AI Pro and Ultra customers in more than 160 countries.

* Google co-founder Sergey Brin in recent months has urged

key AI staff to go all in on the company's Gemini model as

parent Alphabet seeks to close the gap with rivals, Reuters

exclusively reported on Wednesday.

* Last week, the tech giant announced a sweeping leadership

overhaul of its Google DeepMind AI division in which its chief,

Demis Hassabis, stepped aside in favor of his deputy, Koray

Kavukcuoglu. At the same time, the two original technical

co-leads of Gemini quit to co-found a startup.

* CEO Sundar Pichai mounted a ‌robust defense of Google's AI

strategy during its earnings call in July, pushing back on

concerns that the company has fallen behind rivals after

delaying the flagship model and ceding ground in AI coding.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
RTX's Collins Aerospace Unit Opens Expanded Plant in Poland
RTX's Collins Aerospace Unit Opens Expanded Plant in Poland
Jun 2, 2026
06:11 AM EDT, 06/02/2026 (MT Newswires) -- RTX's (RTX) Collins Aerospace has opened an expanded manufacturing plant in Tajecina, Poland, the subsidiary said Tuesday. The $69 million expansion will boost landing gear system production capacity by nearly 25%, according to Collins. The 22,000-square-meter plant is expected to generate 190 new jobs in 2026, Collins added. ...
Form 8.3
Form 8.3
Jun 2, 2026
LONDON--(BUSINESS WIRE)--   Ap27 FORM 8.3 IRISH TAKEOVER PANEL OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION (a) Full name of discloser Marathon Asset Management Limited (b) Owner or controller of interests and short positions disclosed, if...
Market Chatter: UBS Set to Issue $500 Million AT1 Bonds
Market Chatter: UBS Set to Issue $500 Million AT1 Bonds
Jun 2, 2026
06:14 AM EDT, 06/02/2026 (MT Newswires) -- UBS (UBS) is set to raise at least $500 million in Additional Tier 1 bonds denominated in US dollars, Bloomberg reported Tuesday, citing a person familiar with the matter. Bloomberg described the offering as UBS's first foray into the market since the bank's host Switzerland paused plans to tighten rules on the riskier...
Market Chatter: BP Gives Amanda Blanc Second Chance to Lead Chair Search
Market Chatter: BP Gives Amanda Blanc Second Chance to Lead Chair Search
Jun 2, 2026
06:13 AM EDT, 06/02/2026 (MT Newswires) -- BP (BP) has asked senior independent director Amanda Blanc to lead the search for the company's next chair despite concerns from some investors and City figures following the departure of former chairperson Albert Manifold, the Financial Times reported Monday. Blanc will oversee a rigorous selection process on behalf of the board, the report...
Copyright 2023-2026 - www.financetom.com All Rights Reserved