Android O has been under development for quite a while now with four developer beta builds available for those that want to get a taste of it. There is however, no official information on when it will be launched and what ‘O’ will stand for. According to David Ruddock’s (Android Police's managing editor) tweets on Wednesday, the official update of Android O is about to drop within a week. According to phoneArena, David is a reliable source and isn't stating this at a whim. He first claimed this back at the beginning of June, citing a source which he claims is reliable.
David tweeted stating that Pixel should receive the official Android O update within a week. As for what O stands for he replied on his tweet, “As to what that means for Android O getting a damn name, I have no freakin clue”. David has also mentioned in his tweet that the Android update might be pushed further, which means that it may not come next week.