Google Takes Rare Stance: Refutes Apple's AI Search Rumors on iPhone

Following remarks by Apple’s senior vice president of services, Eddy Cue, during a Department of Justice versus Google case, suggesting that Apple is exploring AI search as an alternative to Google, shares in Alphabet (Google's parent company) dropped 7.3%, equating to a $150 billion loss in market value. In response, Google issued a rare and brief statement, emphasizing continued growth in overall search queries, including those from Apple devices. Google also highlighted the increasing use of voice search and Google Lens, and expressed excitement for future innovations at Google I/O. Meanwhile, Apple continues to have Google as the default search engine on iPhones under a lucrative deal worth about $20 billion annually.