Alphabet shares plunged today after Apple reportedly said it was exploring AI search engines for the Safari browser.
That's bad news for Google, which has long enjoyed the benefits of being the default search engine on Apple devices.
Catch up quick: Apple executive Eddy Cue disclosed the AI explorations during testimony in federal court today, Bloomberg reported.
The news agency quoted Cue as saying Apple was "actively looking at" retooling Safari to focus on AI search.
💠Our thought bubble: The Google search deal is hugely lucrative for both sides, so Apple is likely weighing options if that arrangement goes away, says Axios chief tech correspondent Ina Fried.
