Independent analyses suggest Google’s AI search strategy is indeed having an impact. Search impressions—the number of advertiser links that show up in searches, even if they aren’t clicked—grew by 49% in the year since the overviews were launched, according to a May report from BrightEdge, a search-engine-optimization firm.

The search giant predicted a further capital spending boost next year and cited massive demand for its cloud computing services.

Shares in Alphabet ($GOOGL) edged higher today despite technology giant Samsung Electronics looking to give its customers more AI variety in its