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Alphabet stock falls amid Apple AI search plans
Apple’s shares also experienced a decline, dropping 2%. Apple is reportedly "actively looking at" reshaping the Safari web browser on its devices to concentrate on AI-powered search engines, considering the potential repercussions of its agreement with Google and broader industry shifts.
Alphabet shares plunge on AI search threat
Cue's court comments renew scrutiny on $20bn Google–Apple deal and rattle investors Alphabet Inc (NASDAQ:GOOG) shares fell 7.51% to US$152.80 on Wednesday after Apple executive Eddy Cue said AI tools like ChatGPT and Perplexity could replace traditional search engines in Safari—casting doubt on Google’s lucrative status as the iPhone’s default search provider.
The shift to AI for search has become a growing concern for Google and other traditional search engines, since chatbots such ...
Alphabet stock sank on Wednesday after comments from an Apple executive stoked concerns that artificial intelligence is ...
The looming shift is a giant one for the iconic iPhone and a company with more than 2 billion active devices. Since Apple’s ...
On Wednesday afternoon, the Federal Reserve kept rates steady at a range of 4.25 percent to 4.5 percent, saying that it was ...
"Alphabet dominates the online search market and we expect Google to maintain its leadership position in the search space,” ...
Google last year began offering some artificial intelligence firms a way to anchor chatbot responses in its search results, ...
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Apple moves to reimagine Safari with AI in major blow to Google’s search monopolyApple is revamping Safari with AI-powered search, signaling a major threat to Google's dominance in the browser search market ...
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We recently published a list of 10 AI Stocks Getting Wall Street’s Attention Right Now. In this article, we are going to take ...
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