OpenAI Launches AI Browser ChatGPT Atlas, Triggers Decline in Google’s Stock Price

On October 21 local time, OpenAI officially launched its first AI-powered web browser, ChatGPT Atlas, directly challenging Google’s core business. Affected by this news, the stock price of Google’s parent company, Alphabet, tumbled during the day’s trading. The intraday decline once widened to nearly 5%, hitting a low of $245, and finally closed down 2.21%. The trading volume was 30% higher than the previous trading day.

Google’s stock price performance

ChatGPT Atlas is OpenAI’s first foray into the core internet entry track with an independent browser product. Its core innovation lies in the deep integration of ChatGPT’s intelligence capabilities with browsing scenarios, reconstructing the interaction logic of traditional…

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