Apple plans to add AI search options to the Safari browser, and Google's stock price plummeted over 7%
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Apple plans to add AI search options in the Safari browser, which could have a significant impact on Google, causing its stock price to drop by 7.3% and its market value to evaporate by approximately $150 billion. Apple executive Eddy Cue stated that Safari's search volume has declined for the first time, reflecting a trend of users turning to AI. Analysts point out that losing exclusive status on the Apple platform will severely affect Google's advertising revenue. Google has launched an AI mode to respond to competition and expanded AI capabilities to enhance search advertising revenue
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