TECHNOLOGY · AI-ASSISTED SUMMARY
Google's AI Investments Drive Record Search Growth
WHY IT MATTERS
Google's AI-driven growth highlights the increasing importance of artificial intelligence in driving business success and revenue growth, with AI investments expected to continue playing a key role in the company's future development.
What happened
Alphabet, Google's parent company, reported a 25% year-over-year revenue increase in Q3 2026, with Google Search & other revenues up 12%. CEO Sundar Pichai attributed this growth to AI investments, stating they are driving overall Search query growth, including commercial queries. This growth rate is the highest in the last five years, with year-over-year query growth rate surpassing previous records.
Google Cloud revenue also saw a significant increase, rising 103% year-over-year to $30.7 billion. The company's AI investments have led to a substantial boost in searches, with commercial queries also experiencing growth.
Alphabet's consolidated revenues for the quarter reached $127.6 billion, a notable increase from previous years. Google's AI-driven growth is a key factor in the company's success, with AI investments continuing to drive innovation and revenue growth.
LINKED SOURCES
Google says its investments in AI are driving more searches
The Verge · Jay Peters · Discovery only; Vox Media copyright terms apply
THELAST.NEWS is published by Dmitry Yakushev, Cyprus. Briefs are prepared with the help of AI from linked sources and are not individually reviewed by a human editor unless marked otherwise.