A couple of months ago, everyone was worried that Microsoft and ChatGPT would kill Google. But Google’s trying to fight back and in today’s Finshots, we explain what’s going on.
In February, Google shares lost $100 billion in value in a single day. Its AI chatbot Bard had quite a disastrous launch. People spotted a gaffe in its answer. And everyone declared that Google had lost the plot.
In fact, today, if you type “Will Google lose…” in the search bar, the first autocomplete prompt is “Will Google lose…to ChatGPT?”
Now if you were a betting…