Category: Markets
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Google’s search ad revenue hit $198 billion in 2024, up 24% year-over-year. The projected 2026 figure: $198.4 billion. Average ad CTR rose to 3.54%. When the world’s largest advertisers increase spend on a platform by $38 billion in two years, that platform is not dying. Here is what the money tells you that the pundits…
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Harvey Hits $11 Billion: What Legal AI’s Fastest-Growing Company Reveals About the Application Layer
Legal AI startup Harvey raised $200 million at an $11 billion valuation on March 25, jumping $3 billion in three months. The company has over 1,300 customers, 100,000 lawyers on the platform, and $190 million ARR. Here is what its growth says about where value accrues in the AI stack, and why vertical application companies…
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