Just before lunchtime on Tuesday, Alphabet Inc.’s stock price took a sudden 4.8% tumble. The bad news? OpenAI was about to announce its long-awaited — some might say late — entry into the AI browser wars.
But as OpenAI co-founder Sam Altman and his colleagues ran through their browser’s features on a livestream, Alphabet’s stock was retracing its losses. Shares ended the day down 2.2% on a flat day for the overall market — perhaps an indication that investors weren’t as troubled by OpenAI’s play as they might have been.
The product,
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