Category Artificial Intelligence

OpenAI’s SearchGPT: Announcement of Potential Disruptor Sends Alphabet’s Stock Plunging to a New 52-Week Low

The news of SearchGPT's development sent shockwaves through the financial markets, with Alphabet's stock plunging to a new 52-week low of $167.32 as of Thursday's market close. Investors are apprehensive about the potential threat SearchGPT poses to Google's core search business and advertising revenue, which constitutes a significant portion of Alphabet's overall earnings.
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