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Parent firm of Google’s inventory plummets on account of issues about potential lack of search market dominance to AI-powered rivals

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CNN
 — 

Shares of Google-parent Alphabet fell greater than 3% in early buying and selling Monday after a report sparked issues that its core search engine might lose market share to AI-powered rivals, together with Microsoft’s Bing.

Last month, Google staff discovered that Samsung was weighing making Bing the default search engine on its units as an alternative of Google’s search engine, prompting a “panic” inside the corporate, in response to a report from the New York Times, citing inner messages and paperwork. (CNN has not reviewed the fabric.)

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