Google shares plunge 7% as Apple exec cites AI competition

Naver hit by Apple's 'AI replacing search engine' remark

Naver shares took a dive Thursday, rattled by remarks from a top Apple executive about artificial intelligence (AI) potentially replacing online search engines, according to market analysts. This conc...

Google shares plunge 7% as Apple exec cites AI competition

Shares in Google parent Alphabet plunged more than 7% on Wednesday after an Apple executive told a federal court that the search engine’s traffic fell on...

Google's parent company Alphabet shares plunge over 5% amid AI search competition, malware threats

Alphabet Inc shares faced a sharp decline. Apple executive Eddy Cue cited growing AI competition. Google identified new malware LOSTKEYS linked to a Russian hacking group. The group targeted Western entities. Google partnered with Elementl Power to build nuclear plants. This will address energy demands from AI. The IEA forecasts a surge in data centre electricity usage by 2030.

Alphabet shares sink after Apple’s Cue says AI will replace search engines

Eddy Cue, Apple's services chief, said he believes AI services will eventually replace standard search engines like Google, according to a Wednesday report.