Alphabet revenue hits $127.6bn amid Google AI Search ads push

Alphabet posted $127.6 billion in third-quarter revenue as Google begins rolling Google AI Search ads into international markets while traditional Search ad growth cools.

Alphabet’s third-quarter revenue rose 25% year over year to $127.6 billion.

Google is expanding ads in AI Mode to international markets for the first time.

Google Search revenue grew 12% in the quarter, slower than 17% and 19% in the prior two quarters.

Google Cloud revenue rose 103% to $30.7 billion; Google Services brought in $96.3 billion.

Alphabet shares fell 8% after the results.

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