Apple's plans to add artificial intelligence search options to its Safari browser are a heavy blow to Google, as Google's lucrative advertising business mainly relies on iPhone users using its search engine. Affected by this news, the stock price of Google's parent company Alphabet closed down 7.3% on Wednesday, and the market value evaporated by about 150 billion US dollars. A source familiar with the matter quoted Apple executive Eddy Cue as telling the media that Apple is “actively considering” revising Safari. Eddy Cue testified Wednesday in an antitrust case involving Google's dominance in the online search sector. Cue said Safari's search volume dropped for the first time last month as users increasingly turned to AI. Apple shares closed down 1.1%.

Zhitongcaijing · 05/08 00:17
Apple's plans to add artificial intelligence search options to its Safari browser are a heavy blow to Google, as Google's lucrative advertising business mainly relies on iPhone users using its search engine. Affected by this news, the stock price of Google's parent company Alphabet closed down 7.3% on Wednesday, and the market value evaporated by about 150 billion US dollars. A source familiar with the matter quoted Apple executive Eddy Cue as telling the media that Apple is “actively considering” revising Safari. Eddy Cue testified Wednesday in an antitrust case involving Google's dominance in the online search sector. Cue said Safari's search volume dropped for the first time last month as users increasingly turned to AI. Apple shares closed down 1.1%.