Google’s Gemini 3 is outperforming OpenAI’s ChatGPT in reasoning, coding, and multimodal tasks, leading to a significant drop in ChatGPT’s website traffic. This surge in Gemini’s popularity has prompted OpenAI CEO Sam Altman to declare a “Code Red” to improve ChatGPT’s core capabilities. Google’s stock has seen substantial gains, reflecting investor confidence in Gemini’s success.