OpenAI launching SearchGPT search engine to compete with Google, but Alphabet stock remains strong

From Nasdaq: 2024-08-04 05:17:00

OpenAI, known for ChatGPT chatbot, plans to launch SearchGPT internet search engine. Despite competition with Google Search, Alphabet has maintained its dominance with features like AI Overviews. Google’s Android and Chrome hold majority smartphone market share, making it hard for OpenAI’s SearchGPT to compete. Antitrust lawsuit against Google might impact future competition. But Alphabet stock remains undervalued due to diversified business beyond search. Investment in Alphabet could yield good returns.



Read more at Nasdaq: OpenAI Is Launching a Search Engine, but Don’t Sell Your Alphabet (Google) Stock Just Yet