Google dodges TPU margin question, admits AI Mode queries are monetizing poorly
firstadopter · x · 2026-10-29
On Google's earnings call, an analyst pressed for TPU margins, but Google declined, saying it doesn't break out margins for individual products.
More striking was Google's own admission: the strong growth in AI Mode queries actually hurt revenue because monetization in that mode is significantly lower — surging AI traffic that hasn't yet translated into equivalent ad revenue.
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