AISlashdotabout 1 hour ago
Google AI Mode Search Revenue Lags
1 min read
Alphabet shares fell nearly 10% after Google disclosed that searches through its AI Mode generate less revenue than traditional search. Overall search revenue grew 12% year over year to $63.25 billion. Alphabet spent $51.4 billion on infrastructure in Q3, with net income dropping to $26.17 billion from $35 billion last year.
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