Competent is a stretch. Google's AI offering seems to be, once again, PM led–lots of constantly-changing brands being merged and deprecated with zero customer support or service.
They'll almost certainly be one of the survivors. Their technical competece is unmatched. But that doesn't mean they have a great product in the way both OpenAI and Anthropic do. (Outside their datacentres, which are a legitimate feat.)
Chugging away not releasing products or releasing ones worse than their competition typically. Not sure that’s what a normal competent company should be doing.
Furthermore, Gemini is just all around a less trustworthy and mature model, for many reasons. Very smart but lacking the precision and holistically exhibited in the more recent models from OpenAI and Anthropic. On the flip side, Google's work on Gemma is unmatched.