The AI is just signal to the market that they are AI first. Their AI on search is pure garbage. It's obviously a very super light weight model to be able to support the volume of daily searches. If they used their frontier to power search folks will not pay for their cloud offering.
its probably part of the reason that people still think the tech sucks.
You're right, but then, surely investors also use Google? They can see how garbage AI results are, right?