Article 6YZ27 How Google profits even as its AI summaries reduce website ad link clicks

How Google profits even as its AI summaries reduce website ad link clicks

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from The Register on (#6YZ27)
Story ImageGoogle's AI Overviews are wrecking its old ad model, but Google's revenue is increasing with ads based on it

Opinion Alphabet, Google's parent company, is making money hand over fist. In its latest quarterly report, Google's revenue grew 14 percent year-over-year to $96.4 billion. While Google's cloud revenue, $13.6 billion, with 31 percent year-over-year growth, is growing fast, the bulk of its cash, $54.2 billion worth, still comes from advertising....

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