Google Stock Falls as Apple Considers Adding AI Search Engines

Google’s stock took a hit Wednesday after an Apple executive testified in court that the iPhone maker is considering adding artificial intelligence (AI) search engines to its web browser as search traffic reportedly declines. The search giant saw its share price tumble 9 percent when Eddy Cue, Apple senior vice president of services, took the stand. Its stock recovered slightly Thursday, rising nearly 2 percent.

Cue told the court Wednesday that search traffic on its browser Safari fell for the first time last month due to AI, Bloomberg reported. He also said Apple will likely add AI search engines, such as OpenAI, Anthropic and Perplexity, to the browser. “We will add them to the list — they probably won’t be the default,” he said, according to Bloomberg. – The Hill

Almost like they want it to fail. Stock dropped due to AI, instead of correcting the issue they're doubling down by offering competitors AI's on the search engine. - Louis