Schindler describes where ads now appear around AI-generated search answers and how the revenue compares with the prior format.

Philipp Schindler · Alphabet Investor Relations · Alphabet 2024 Q3 Earnings Call

“As you know, we recently launched ads within AI Overviews on mobile in the U.S. and this really builds on our previous rollout of ads above and below the AI Overviews. So overall, for AI Overviews, we see monetization at approximately the same rate, which gives us a really strong base on which we can innovate even more.”

Educational summary of a public statement. Not investment advice.