Google admits AI search makes less money, but it's fixing that with more ads

Google reported Q3 earnings, showing a 25% revenue increase to $128 billion, but a lower-than-expected net income of $26 billion, leading to a 12% drop in its stock price. The company attributed the decline in net income to its AI search platform not generating as much revenue as organic search, and plans to spend more on AI development next year. Google's Cloud products, however, exceeded expectations with $30 billion in revenue, beating analyst projections by $1 billion.