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Alphabet stock falls 3% as Meta's Muse AI raises competition
Source: invezz.com
Artificial IntelligenceTechnology & InnovationAntitrust & CompetitionMarket Technicals & Flows
Alphabet shares fell 3% on Wednesday amid a broader technology-sector selloff driven by concerns over intensifying AI competition from Meta's Muse assistant. Meta rose 11% on Monday after Muse reached the top of Apple's U.S. App Store, underscoring investor expectations that the product could pressure incumbent AI platforms including Alphabet.
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