Q : How is Google managing the AI talent war and the associated costs? A : Sundar Pichai, CEO, stated that Google remains competitive in attracting and retaining AI talent by offering cutting-edge projects, access to resources, and collaboration with top industry peers. Anat Ashkenazi, CFO, added that AI-related costs are integrated into the overall cost structure, with efforts to drive efficiency and allocate resources effectively. Q : How do you view the future of Search click-through rates (CTR) with AI Overviews and new formats? A : Philipp Schindler, Chief Business Officer, noted that AI Overviews are driving higher user satisfaction and search usage. He mentioned that monetization rates are stable, providing a strong foundation for developing innovative ad formats. For the complete transcript of the earnings call, please refer to the full earnings call transcript.