Google's stock dropped as much as ten percent after its quarterly earnings. Cloud revenue more than doubled to $30.7 billion, but search revenue grew just 12 percent, slower than expected. Google acknowledged that its fast-growing AI mode brings in less revenue than traditional search, and it is now expanding its AI mode ad program internationally. The article Google's AI search problem finally shows up in the earnings report, some investors believe appeared first on The Decoder .
Source: The Decoder