Business · 29 October 2026

Alphabet reports AI Mode search revenue lagging despite $51.4B infrastructure spend

Alphabet’s Q3 results showed AI‑mode search revenue grew 12% YoY to $63.25 billion, below the 14.5% growth last year, while the company spent $51.4 billion on infrastructure, two‑thirds on servers and networking, contributing to a net income drop to $26.17 billion.

Why it matters

Monitor AI Mode revenue trends; slower growth may signal need to adjust monetization strategies.

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