30 October 2026
Google reports slowing search growth and weaker earnings as AI search expands
First reported
Fast Company and TechCrunch ran this on , a day before the other 4 sources picked it up.
- Google's chief business officer Philipp Schindler said AI Mode queries earn less money than traditional searches, partly because they show fewer and cheaper ads.
- Google is expanding ads inside its AI Mode search feature to international markets and adding multi-turn ads in the U.S.
Our read
Only Platformer among the 30 tracked newsletters covered this, though it was first reported on 2026-10-28 by Fast Company and TechCrunch. It follows our 2026-08-28 story on Google adding flight and hotel booking to AI Mode search.
Earlier on this story
Written by Newskeryx from which newsletters covered this story and from our own archive.
How it was covered
PlatformerCasey Newton
Schindler's earnings call remarks, AI Mode monetization versus search, and search revenue growth
Reported by The Decoder, Ars Technica, TechCrunch, Engadget, Fast Company