Google's AI search problem finally shows up in the earnings report, some investors believe

资讯摘要

Google's AI search problem finally shows up in the earnings report, some investors believe Key Points - Google's stock dropped as much as ten percent after search revenue grew just 12 percent in the third quarter, missing the 15 percent analysts had expected. - Management acknowledged that the fast-growing AI mode brings in less revenue than traditional search. Cloud revenue, by contrast, more than doubled year over year to $30.7 billion, up 103 percent. - Google is doubling down on AI buildout: capital spending hit $51.

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