Where it has fallen down (compared to its relative performance in relevant research) is public generative AI products [0]. It is trying very hard to catch up at that, and its disadvantage isn't technological, but that doesn't mean it isn't real and durable.

[0] I say "generative AI" because AI is a big an amorphous space, and lots of Google's products have some form of AI that is behind important features, so I'm just talking about products where generative AI is the center of what the product offers, which have become a big deal recently and where Google had definitely been delivering far below its general AI research weight class so far.