Tech Incumbent AI Rollouts = Google – Gemini & AI Overviews (12/23) Note: Gemini launched 12/23…App launched 2/24. Data shown for apps in Gemini ecosystem. User counts may differ from those as measured by third-party data providers / panels like Similarweb & Sensor Tower as they measure only visits to desktop sites and standalone mobile apps, respectively. Source: Google announcements (4/25 & 5/25) & Business Insider, ‘Google's Gemini usage is skyrocketing, but rivals like ChatGPT and Meta AI are still blowing it out of the water’ (4/25) Alphabet: Gemini & AI Overviews – 3/25-5/25, per Alphabet & Business Insider Our differentiated, full stack approach to AI continues to be central to our growth. This quarter was super exciting as we rolled out Gemini 2.5, our most intelligent AI model, which is achieving breakthroughs in performance, and it’s widely recognized as the best model in the industry. - Alphabet CEO Sundar Pichai, 4/25 Gemini Chatbot Global MAUs (MM) 205 AI – Tech Incumbents = Broad & Steady Product / Feature Rollouts Gemini App Ecosystem Global MAUs, MM AI Overviews embedded in Google Search; @ 1.5B MAUs (4/25) Google Gemini is a family of multimodal AI models, capable of understanding and generating various types of data including text, code, audio, images, and video. Source: Google Gemini 350MM 400MM 0 200 400 3/25 5/25