Google CEO Sundar Pichai announced significant growth in AI features during the Q2 investor call, highlighting that AI Overviews now boast 2 billion monthly users, up from 1.5 billion in May. This AI-generated summary feature is accessible in 200 countries. Additionally, the Gemini app has reached 450 million active users, with engagement soaring by 50% since Q1. AI mode, which provides in-depth responses, surpassed 100 million users, poised for future upgrades with DeepSearch for personalized answers.
Over 9 million developers have utilized Gemini, leading to 70 million videos generated via the Veo 3 AI model. AI-driven meeting notes in Google Meet attracted over 50 million users. However, increased usage of AI Overviews has raised concerns among online publishers, as click-through rates on traditional URLs dropped from 15% to 8% for users encountering these summaries. Despite strong demand, investor response to Google’s AI spending has been lukewarm, impacting stock performance.
Source link
