OpenAI says ChatGPT's search-like query volume is roughly one-fifth of Google's, according to ChatGPT consumer product lead Adam Fry, who spoke at a New York dinner on Nov. 2, 2026. The claim has no stated Google baseline or time period, and because OpenAI is private, the figure cannot be checked against public filings. Alphabet shares had already fallen from $324.89 on Oct. 28 to $283.82 the next day, and closed at $280.03 on Nov. 3, still 13.81% below the Oct. 28 close. Alphabet's third-quarter Search and other revenue rose 12% to $63.35 billion, while management said monetization in AI Mode is lower. Outside estimates vary widely: Ahrefs put ChatGPT at about 12% of Google's traditional search volume, while seoClarity estimated 7.5%.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
GOOGLOpenAIartificial intelligenceadvertising
Open a keyword to see other news on the same topic.
Related tickers and likely impact
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $3.5T |
| Close on 11/03/2026 | 279.91 |
| Change that session | +0.33% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- OpenAI expands ChatGPT Ads to 26 new countries as diversification push accelerates
OpenAI will roll out ChatGPT Ads to 26 more countries, bringing the total to 89, including free users and Go subscribers in places such as Argentina, Peru, Nigeria, South Africa and Ukraine. According to the company, the ads are separate from ChatGPT's responses, do not influence its answers and are clearly labeled. OpenAI says its ad business reached a $1 billion annualized revenue run rate in August, up from $100 million in March, and that more than 100,000 advertisers have run campaigns. The ads were first tested in the U.S. in February, a move rival Anthropic ridiculed, and Anthropic has pledged to keep its Claude chatbot ad-free. Both companies are widely expected to go public, with OpenAI executives signaling a 2027 listing.
- Will Anthropic, OpenAI Or Google Win AI?
Google still handles about 9 of every 10 searches, and the article asks whether AI will follow the same single-winner pattern. The players currently sell to each other: Anthropic buys computing from four rivals, while Google and Amazon own large stakes in Anthropic. Unlike search, AI customers can switch providers more easily, but switching costs are rising as Anthropic's customers spend about nine times what they did a year ago, and falling AI prices can compete profits away. Google Cloud earned $11.1 billion of operating profit in Q3, about 11 times Anthropic's $974 million in its best reported quarter, so the article says the safest profits belong to owners of chips and data centers. It says a change in view would come if one model pulled far ahead for a year or more, and says to watch enterprise market share and gross margins.
- OpenAI Plans to Buy Google's AI Chips as It Looks Beyond Nvidia: Report
According to The Information, OpenAI is reportedly planning to buy Google's TPU AI chips, though neither company has confirmed the plan and the price, volume and timing have not been disclosed. The report says OpenAI began renting Google's TPUs in June 2025, is hiring an engineer to optimize its frontier models for them, and is preparing its Jalapeño chip, built with Broadcom, for deployment by the end of 2026. Buying chips would reduce its reliance on Nvidia, which supplies most of the hardware behind the AI boom. Nvidia had signed a letter of intent to invest up to $100 billion in OpenAI but ultimately put in $30 billion, while AMD gave OpenAI the right to buy up to 160 million shares. Alphabet's CFO expects most revenue from its TPU system sales in 2027.
- OpenAI Plans to Buy Google's AI Chips as It Looks Beyond Nvidia: Report
According to The Information, OpenAI plans to buy Google's TPU AI chips, a move that would loosen its dependence on Nvidia, though neither company has confirmed it and the price, volume and timing remain undisclosed. OpenAI reportedly began renting TPUs from Google in mid-2025 and is hiring an engineer to optimize its frontier models for them, while preparing its own Broadcom-built chip, Jalapeño, for deployment by the end of 2026. Owning TPUs would replace paying Google by the hour, and switching chips is harder than swapping parts because it involves compiler work. Alphabet's CFO expects most revenue from its TPU system sales in 2027.
- Alphabet stock rises as OpenAI plans to buy Google’s TPUs
Alphabet shares rose more than 1% in premarket trading Wednesday after The Information reported that OpenAI plans to outright buy Google's Tensor Processing Units, rather than renting them as Reuters reported in June 2025. A purchase would signal a deeper, longer-term commitment to Google's chips. CFO Anat Ashkenazi has said Alphabet expects to start recognizing a small share of TPU sales revenue by the end of 2026, with most coming in 2027. Demand is strong enough that Google's own researchers have reportedly waited for chip access, with Anthropic also cited as straining supply. OpenAI said last week it would make its frontier AI models available through Google Cloud.
- OpenAI Reportedly Plans to Purchase Google AI Chips as Demand for Computing Infrastructure Grows
According to The Information, OpenAI is planning to buy AI chips developed by Google, a move that would expand their commercial relationship as demand for computing infrastructure grows. Neither company has confirmed the deal, and financial terms, purchase volumes, pricing and delivery schedules were not disclosed. The plan would extend an existing relationship in which OpenAI began renting Google's TPUs in June 2025 and recently agreed to offer its frontier models through Google Cloud. The article notes Amazon, Microsoft and Alphabet expect to spend as much as 600 billion USD collectively on AI infrastructure this year. OpenAI is also developing its own custom chip with Broadcom, which it plans to deploy by the end of 2026.
Related markets
Latest news
- Snap shares fall over 10% on third-quarter revenue miss
Snap shares fell more than 10% after parent company Snapchat's third-quarter revenue and daily active users missed analyst expectations. Revenue was $1.72 billion versus $1.73 billion expected per LSEG, and global daily active users were 495 million versus 499 million expected per StreetAccount. Average revenue per user (ARPU) was $3.48, in line with expectations, while revenue rose 14% year over year and net income was $56 million, compared with a $104 million net loss a year earlier. Snap guided fourth-quarter revenue to $1.95 billion to $1.99 billion, with a midpoint above Wall Street's $1.95 billion estimate. The company also said that starting in the first quarter of 2027 it will make global monthly active users its “primary audience metric,” arguing a longer-term horizon better reflects its product and safety decisions.
- Apple Reportedly Tightens the Belt On Employee AI Budgets Amid Cost-Cutting Drive
According to Bloomberg, Apple is tightening employee spending on AI tools by lowering daily usage caps as part of a broader cost-cutting drive. Last month, the daily allowance for select engineers fell from $300 to $200, and the company is reportedly planning deeper cuts that could bring some engineering teams to $100 and non-engineering departments, which mostly already have a $100 limit, to $25. Staff needing higher limits for critical work must seek exemptions from senior management. Apple declined to comment. The move comes as research and development spending rose 32% in fiscal 2026 and operating expenses climbed 22% to $75.5 billion, while CEO John Ternus pushes for a faster, leaner company with fewer management layers.
- Could Buying Bitcoin Today Set You Up For Life?
Bitcoin rose from $1 in February 2011 to over $100,000 by December 2024, but it is now down 38% from its all-time high of $126,000. The article examines price targets: Cathie Wood's $1 million target for 2030 would require 88% annualized growth, and Coinbase CEO Brian Armstrong's $300,000 target would need nearly 40% a year, compared with Bitcoin's 37% compound annual growth over the past decade. JPMorgan Chase suggests Bitcoin might grow at a compound annual rate of 10% over the next decade, or 17% in an ultra-bullish scenario. At 10% annual growth, a $10,000 investment would be worth roughly $25,000 after a decade, which the author argues is not life-changing wealth. The piece concludes that Bitcoin may not be able to carry a portfolio's performance on its own if expectations are too high.
- How Aussie Bitcoiners can avoid 2027’s shock CGT hike: Part 1
Australia's recently announced budget scrapped the 50% capital gains discount for all investments, so from July 1, 2027, gains will be taxed at full income tax rates: 30% on income and gains between A$45,000 and A$135,000, 37% between A$135,000 and A$190,000, and 47% above that. Low-income earners who are not on welfare face a minimum 30% rate, and the only remaining discount covers inflation. In an example of buying Bitcoin for A$10,000 and selling a decade later for A$100,000, the inflation discount is only about A$3,439, so taxable gains rise from A$45,000 under the old system to A$86,561. The article outlines options such as hoping for a strong market rally before July 1, 2027, voting for parties pledging to reverse the changes, or moving holdings into a self-managed super fund (SMSF).
- Dow scores its best day in 18 months in a broad relief rally after Democrats sweep to power in Congress
Stocks surged, oil prices plunged and bond yields fell on Wednesday. The move was attributed to optimism that the Iran war could end sooner now that Democrats have won control of Congress.
- The economy brought Trump back to power. Now it's his downfall
Democrats won control of both the House and Senate in Tuesday's midterm elections, ending the Republican Party's trifecta of power in the federal government as voters focused on the cost of living. The CNBC Voter Poll found nearly nine out of 10 voters said the cost of living was a crucial or major factor, and about two out of three said Trump's policies worsened economic conditions. Gas averaged $4.15 a gallon on election day, the highest for any midterm or presidential election since at least 2000, and prices have surged about 37% over the past year amid the Middle East conflict. Zandi estimated that higher energy costs since the start of the Iran war have cost the average household nearly $1,230, while rising borrowing costs and expanded military services added more than $900. The University of Michigan's consumer sentiment survey fell in 2026 to its worst level in its seven-decade history.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.