<div id="readability-page-1" class="page"><div><div>On Tuesday, Gene Munster weighed in on OpenAI's launch of the ChatGPT Atlas browser, calling it promising but cautioning that Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Chrome's dominance remains intact.<h2>OpenAI Launches ChatGPT Atlas in Browser Wars</h2>OpenAI unveiled ChatGPT Atlas, an AI-powered web browser built around its popular chatbot, directly challenging Google Chrome.The browser allows users to summarize content, compare products and analyze data, while its paid &#34;agent mode&#34; can interact with websites to complete tasks automatically, from researching trips to shopping online.<h2>Gene Munster's Take: Exciting, But Not Revolutionary</h2>Munster, managing partner at Deepwater Asset Management, commented on the launch, saying, &#34;Good news for $GOOG. While the Atlas browser is a step forward, especially around agents, it's not 10x better than Chrome.&#34;He went on to add that &#34;Google can (and will) copy these features quickly.&#34; Following which, it will be difficult for OpenAI's Atlast to gain a share of the market.&#34;I'm a fan of what OpenAI is building and believe Google will be fine,&#34; he stated.Prior to Atlas's launch, Munster questioned why Google pays Apple Inc. (NASDAQ:AAPL) $20 billion annually to be Safari's default search engine. &#34;Because the browser is the gateway to search.&#34;He said the real test for OpenAI will be turning its 800 million weekly ChatGPT users into active browser users. &#34;If OpenAI can parlay its 800M weekly users into browser users, then Google will have its work cut out.&#34;<h2>Google’s Share Price Fell And Then Gained Some</h2>Following the launch, Alphabet shares fell 2.37% for Class A and 2.21% for Class C. Class A shares were up 1.95% while Class C shares were up 1.93% in after-hours trading, according to Benzinga Pro.Atlas is the newest player in the competitive AI browser space, alongside Perplexity's Comet, Brave Browser and Opera's Neon.Despite the new challenge, Chrome maintains 71.77% of the global browser market, according to Statcounter. Google has also integrated its Gemini AI into the browser to offer AI summaries and chatbot-like responses.Benzinga's Edge Stock Rankings indicate that GOOGL demonstrates a robust trend over short, medium and long-term timeframes, with a complete performance breakdown available here.<ul> <li>Nvidia CEO Jensen Huang Says Intel Spent 33 Years ‘Trying To Kill Us' But Now Calls The Chip Rival A Partner: ‘We're Lovers, Not Fighters'</li> </ul>Photo by JHVEPhoto via Shutterstock</div></div></div>

GOOGL

GOOG

GGLS

GGLL

Gene Munster commented on OpenAI's launch of the ChatGPT Atlas browser, stating that while it is promising, Google's dominance with Chrome remains strong. He believes Google can quickly replicate Atlas's features, making it hard for OpenAI to gain market share. Munster noted that the real challenge for OpenAI is converting its 800 million weekly ChatGPT users into active browser users. Following the launch, Alphabet's shares experienced a decline but recovered slightly in after-hours trading. Despite competition, Chrome holds a significant 71.77% of the global browser market.

- OpenAI launched ChatGPT Atlas, an AI-powered web browser that competes with Google Chrome, allowing users to summarize content and automate tasks.  
- Gene Munster of Deepwater Asset Management described the browser as promising but not significantly better than Chrome, suggesting Google could quickly replicate its features.  
- Despite the competition, Google Chrome retains a dominant 71.77% market share, and the real challenge for OpenAI will be converting its 800 million weekly ChatGPT users into active browser users.

Gene Munster Says Google Will Be 'Fine' As OpenAI Will Find It Hard To Gain Market Share With New Atlas Browser For This Reason