Shares of Alphabet, Google’s parent company, fell by $4 following reports from Reuters that OpenAI plans to launch an AI web browser to rival Chrome. Since Chrome plays a crucial role in Google’s ecosystem and generates nearly three-quarters of its revenue through advertising, this news raises concerns for the company. OpenAI’s browser is expected to operate differently by scraping data instead of directing users to websites, potentially degrading information quality online and threatening various business models. While this innovative concept could pave the way for AI agents, the promised rise of such technology in 2025 has yet to materialize. Amid these developments, ForexLive.com is set to rebrand as investingLive.com, aiming to provide enhanced market updates and decision-making tools for investors and traders. This shift reflects the ongoing evolution in how market information is delivered. Stay tuned for updates on these significant industry changes and their implications for traders and investors.
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