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Globe/wire say OpenAI takes aim at Alphabet's dominance

2025-07-10 07:21 ET - In the News

See In the News (C-GOOG) Alphabet CDR (CAD Hedged)

The Globe and Mail reports in its Thursday edition that OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet's market-dominating Google Chrome. A Reuters dispatch to The Globe says the browser is slated to launch in the coming weeks, and aims to use artificial intelligence to fundamentally change how consumers browse the Web. It will give OpenAI more direct access to a cornerstone of Google's success: user data. If adopted by the 500 million weekly active users of ChatGPT, OpenAI's browser could put pressure on a key component of rival Google's ad-money spigot. Chrome is an important pillar of Alphabet's ad business, which makes up nearly three-quarters of its revenue, as Chrome provides user information to help Alphabet target ads more effectively and profitably, and gives Google a way to route search traffic to its own engine by default. OpenAI's browser is designed to keep some user interactions within a ChatGPT-like native chat interface instead of clicking through to websites. The browser is part of a broader strategy by OpenAI to weave its services across the personal and work lives of consumers. OpenAI upended the tech industry with the launch of its AI chatbot ChatGPT in late 2022.

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