Release
Canvas in Gemini: edit documents and PDFs right in the chat, no separate plan neededOctober 29
News
AI Mode: Ads Come to Google's AI Answers in 10 More CountriesOctober 29

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what matters in AI right now

01Le Chonk: Mistral Large 4 weights are open, 1.05 trillion parameters on Hugging FaceOctober 29
02Amazon is spending $220 billion a year on AI capacity, pushing free cash flow negative02:42 AM

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October 30, 2026

Google's AI answers earn less than classic search: Alphabet shares fell 12.6% in a day

Alphabet lost about $500 billion in market value on Oct 29 after Google blamed weak search ad results on the low monetization of AI answers.

Source

story · 2 stories — how events unfolded

Insight
AI Mode: Google earns less on AI answers, search revenue growth slows to 12%October 29

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about the same entities

Release
Canvas in Gemini: edit documents and PDFs right in the chat, no separate plan neededOctober 29
News
AI Mode: Ads Come to Google's AI Answers in 10 More CountriesOctober 29

One email a week - only what changes how you work. Subscribe

what matters in AI right now

01Le Chonk: Mistral Large 4 weights are open, 1.05 trillion parameters on Hugging FaceOctober 29
02Amazon is spending $220 billion a year on AI capacity, pushing free cash flow negative02:42 AM