EconomyGoogle admits AI search earns less, plans to make up for it with more ads
Alphabet reported third-quarter revenue of nearly $128 billion, up 25% year over year, and net income above $26 billion—almost $9 billion lower than a year earlier. Shares fell nearly 12%, after dropping about 13% earlier, amid weaker-than-expected earnings per share and the admission that AI search earns less than organic search. Google Cloud revenue topped expectations at more than $30 billion.
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Ars Technica★★★☆☆2026-10-29 16:24Original
Google admits AI search earns less, plans to make up for it with more ads
Economy