Seth Fiegerman

$15, $20, $50 billion.

These are massive sums, but when you compare it to opening eyes, $1.4 trillion, a bit more measured.

That's right.

So at the same time that Google has been helping Anthropic and OpenAI compete, they're also still trying to be the best model on the market.

And so I think with Gemini 3, they're really touting their gains in coding and in mimicking the process of human reasoning.

Obviously, those are key aspects for Anthropic and for OpenAI as well.

Interestingly, the Gemini 3 model also offers a more premium tier.

I think it's $250, something like that,

A month and you get to do even more intense reasoning where you can test different hypotheses.

And we'll see.

But they're all competing with the same kind of benchmark claims here to try to be the dominant force.

Yeah, I think it's really probably the most promising or one of the two most promising coming out of Europe right now.

A lot of the vibe coding leaders are from the U.S., including Cursor, and you can argue Anthropic and others.

I think Level has seen pretty strong organic demand and pretty promising growth in recurring revenue.

But this is a crowded market, and if Google's model changes the game overnight for coding capabilities, that might have disruptions further on down the line.

It's very much to be seen.

You certainly ask interesting questions.