Alphabet's market value evaporated by about $500 billion, AI promises over $1 trillion
2026-10-30 20:02:16
According to CoinMeta, and as reported by Reuters, after Alphabet announced commitments related to AI worth over $1 trillion, its market value evaporated by approximately $500 billion, and there were warnings that AI was eroding its core search business. Today's Reuters morning podcast discussed the market reaction.
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