Google went from being "disrupted" by ChatGPT, to having the best LLM as well as rivalling Nvidia in hardware (TPUs). The narrative has changed

The public narrative around Google has changed significantly over the past 1 year. (I say public, because people who were closely following google probably saw this coming). Since Google's revenue primarily comes from ads, LLMs eating up that market share questioned their future revenue potential. Then there was this whole saga of selling the Chrome browser. But they made a great comeback with the Gemini 3 and also TPUs being used for training it.

Now the narrative is that Google is the best position company in the AI era.