Synaptic dysfunction and neuronal loss are related to cognitive impairment of Alzheimer’s disease. Recent evidence indicates that regulating the phosphatidylinositol 3-Kinase (PI3K)/AKT/GSK-3\beta pathway is a therapeutic strategy for improving synaptic plasticity in Alzheimer’s disease. Here, we investigated “olfactory three-needle” effects on synaptic function and the PI3K/AKT/GSK-3\beta signaling pathway in \beta-amyloid{}_{1-42} (A\beta{}_{1-42})-induced Alzheimer’s disease rats. A three-needle olfactory bulb insertion for 28 days alleviated A\beta{}_{1-42}-induced Alzheimer’s disease rats’ cognitive impairment as assessed by performance in the Morris water maze test. Furthermore, the three-needle electrode inhibited neuro-apoptosis and neuro-inflammation. It significantly upregulated the protein expression of postsynaptic density protein 95, synaptophysin, and GAP43, indicating a protective effect on hippocampal synaptic plasticity. Additionally, the activation level of PI3K/AKT signaling and the phosphorylation inactivation of GSK-3\beta were significantly enhanced by the “olfactory three-needle”. Our findings suggested that the three-needle acupuncture is a potential alternative to improve synaptic plasticity and neuronal survival of Alzheimer’s disease brain in rodents.