Mehta had pointed directly to ChatGPT's rise to 700 million weekly users, along with emerging rivals like Anthropic and Perplexity, as evidence that Google no longer holds an unchallenged monopoly.

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...

Alphabet's strong financials and recurring revenue streams from services make it a safer investment compared to manufacturing companies, despite recent stock price drops. The $75 billion AI investment ...

Google and Alphabet CEO Sundar Pichai presented an optimistic outlook for the company's performance, highlighting the significant role of artificial intelligence (AI) and strategic investments in ...