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CNBC

Shares of Alphabet fall after OpenAI announces livestream event

CNBC · New
CNBC
CNBC
New

Shares of Alphabet, Google's parent company, declined by over 4% following OpenAI's announcement of an upcoming livestream event. The event is widely believed to involve the unveiling of a new agentic web browser.

Breakdown
  • Alphabet shares fell over 4% after OpenAI announced a livestream event.
  • The event is expected to unveil a new web browser that could challenge Google. 11s
  • Google is responding by integrating its Gemini AI into Chrome. 46s
  • OpenAI has reached 800 million weekly active users, raising competitive concerns. 1m 2s
  • OpenAI's product strategy includes partnerships with major e-commerce platforms. 1m 22s
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