Alphabet falls nearly 10% after admitting AI search monetizes less than traditional search

TechnologyInternationalBioBioChileOct 29, 2026, 6:03 AM35 s readAI summary

Alphabet shares fell nearly 10% after the company presented its third-quarter results, in which it acknowledged that AI-powered searches such as AI Mode generate less revenue than traditional search. Search revenue grew 12% to $63.25 billion, below the 14.5% growth of the same quarter a year earlier. Chief business officer Philipp Schindler attributed the slowdown to the "lower monetization" of AI Mode. Google rolled out ads alongside those searches worldwide.

In 35 seconds

Alphabet fell nearly 10% on the stock market after revealing that AI Mode monetizes less than traditional search
Search revenue rose 12% to $63.25 billion, compared with 14.5% growth a year earlier
Google spent $51.4 billion on infrastructure in the quarter and net income fell to $26.17 billion

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IASummary generated by artificial intelligence from a story by BioBioChile. It may contain errors: the original source prevails.

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inteligencia artificial
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Alphabet falls nearly 10% after admitting AI search monetizes less than traditional search

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Dan Driscoll, former US Army secretary, joins OpenAI as senior national security advisor

Emcali selected the consortium that will modernize more than 100,000 streetlights in Cali with LED technology

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