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Youtube is incredibly important to google.

1. It's the second largest search engine in the world, and likely the GO TO search engine for any DIY / Howto type topic. Keeping control of this keeps them in control of search field.

2. It's a massive platform for adsense. Having a single stop for advertisers on both the web and on youtube helps keep google ahead of it's competitors in advertising

3. The unspoken advantage it gives google in the world of machine language and AI. Endless natural language data in every language you can imagine, facial recognition, etc etc.

I highly doubt they care how much money it loses.




Small correction: YT is not losing any money. Recent numbers just came out, it was one of the main profit sources and one of the fasted growing.




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