AILatent Spaceabout 1 hour ago
Google Admits AI Mode Hurts Search Revenue
15 min read
Google admits its AI Mode caused a 15% drop in Search revenue, marking a $500 billion decline, the worst since the 2004 IPO. This occurred alongside a departure of AI leadership and a backdrop of souring tech sentiment, with OpenAI raising at $1.25 trillion instead of the expected $1.4 trillion.
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