I know for most people that the big surprise here is sustained search ad revenue in the face of AI. But I’m super curious on margins because I thought for sure offering so much free AI inference would be so insanely expensive it harmed margins.
No one is losing money on inference these days. Google's vertical integration means that they have some of the lowest inference costs in the industry in any event.
No one is losing money on inference these days. Google's vertical integration means that they have some of the lowest inference costs in the industry in any event.