Google parent Alphabet Inc. faces growing investor concerns as Apple explores AI integration in its Safari browser, potentially impacting the internet major's lucrative search engine deal. A drop in Safari searches fuels fears that rivals like OpenAI are eroding Google's market share,

While the full impact of Apple’s potential move into AI search is yet to be seen, Alphabet’s stock reaction reflects immediate investor concern over the company’s ability to maintain its search-related revenue if Apple becomes a competitor in this space. Shares of Apple also declined, falling 2%.

Cue's court comments renew scrutiny on $20bn Google–Apple deal and rattle investors Alphabet Inc (NASDAQ:GOOG) shares fell 7.51% to US$152.80 on Wednesday after Apple executive Eddy Cue said AI tools like ChatGPT and Perplexity could replace traditional search engines in Safari—casting doubt on Google’s lucrative status as the iPhone’s default search provider.