Their revenue grew 14% YoY. That's nothing special at all if you look at their historical top line growth.
So, what -- you want to see their revenue grow by 50% or something in a single year?
For mature companies of that size, that's not really a thing. I think your expectations for defining AI success may be a bit too high here.
https://www.cnbc.com/2018/02/01/google-ceo-sundar-pichai-ai-...
AI is supposed to be a huge new revenue driver and my point, echoing others, is that it's nowhere close. They've spent double on AI compared to last year:
https://finance.yahoo.com/news/alphabet-earnings-top-estimat...
"In the second quarter, Alphabet reported spending $2.2 billion building AI models across its DeepMind and Google Research organizations. That's up from $1.1 billion in Q2 2023. When exactly AI starts to generate revenue for Google’s Cloud business, let alone its ad segment, is still up in the air."