Despite the threat posed to Google’s search dominance by new generative AI competitors, revenue from the channel soared in the first quarter of 2024. Google brought in more than $46 billion in search revenue, a 14% year-over-year increase and the most the company’s search revenue has grown in two years. Google once again branded itself as an AI-first company, with AI developments complementing, and not undermining, its ad offerings. “We have a clear path to AI monetization that includes... Read this story
