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Apple and Google Investors Fret as ChatGPT Gains Search Ground 

  • Investors in Apple and Google are concerned about the rising popularity of AI-based search, particularly ChatGPT, as reported by Seeking Alpha.
  • An Apple executive disclosed that searches originating from Google's search engine in Apple's Safari browser dropped for the first time last month, attributed to the growth of AI-based search options like OpenAI’s ChatGPT.
  • Apple is contemplating integrating AI search engines such as Perplexity into Safari, challenging Google's dominance fostered by a revenue-sharing partnership.
  • Analysts believe the shift to AI-powered search could pose a threat to both Google and Apple, impacting their market positions and revenue streams.

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