Google was cash-flow negative in Q2 2026, and is raising a lot of debt.
I am not sure they can afford to subsidize Gemini more than they already do.
Notably that's not due to subsidization but rather due to investment in capex for future growth. The reason to not subsidize is largely because of already being hardware constrained. There is no extra unsold capacity to use.
Notably that's not due to subsidization but rather due to investment in capex for future growth. The reason to not subsidize is largely because of already being hardware constrained. There is no extra unsold capacity to use.