Alphabet shares fall sharply after Google’s AI chatbot debut stumbles

Feb 12 2023

Shares of Google parent Alphabet closed almost 8 per cent lower on Wednesday, wiping billions of dollars off its market value, as Wall Street digested the potential damage to its search dominance and profits from a new artificial intelligence battle with Microsoft.

https://www.ft.com/content/2fe6163b-b4c3-413e-b595-8110e328b42d

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