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Google DeepMind Gemini 3 2026 Strategy: The Engine Room's Revenge

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DeepMind CEO Demis Hassabis discusses the Google DeepMind Gemini 3 strategy, his daily collaboration with Sundar Pichai, and his views on the AI bubble.

The narrative has shifted from doubt to dominance. After starting 2025 with questions about its ability to keep pace with OpenAI, Alphabet concluded the year with its strongest stock performance since 2009. In an exclusive with CNBC, DeepMind CEO Demis Hassabis revealed how his team became the "engine room" driving this sudden acceleration in innovation.

The Daily Synergy: Hassabis and Pichai's Fast-Track Strategy

A pivotal organizational merger between Google Brain and DeepMind in 2023 laid the groundwork for today's successes. Hassabis noted that he speaks with Sundar Pichai daily to adjust roadmaps. This agility led to the release of Gemini 2.5 in March 2025 and the lightning-fast Gemini 3 in November, proving that the tech giant hasn't lost its entrepreneurial edge.

Hassabis on the AI Bubble: A Dot-Com Parallel

Addressing concerns about an "AI bubble," Hassabis offered a sobering comparison to the dot-com era. He warned that seed rounds valuing startups at tens of billions without tangible products are "unsustainable." However, he remains bullish on the long-term impact of AI, stating it will be the most transformative technology ever invented. For Google, the goal is to remain positioned to win whether the market continues its exponential growth or faces a "reckoning."

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