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The AI browser market turns a new page: What are users getting now?
Shivani Shinde Mumbai
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Nvidia-backed Perplexity AI is launching Comet, a new web browser with AI-powered search capabilities, as it looks to challenge the dominance of market leader Alphabet's Google Chrome. The AI browser market is expected to be worth around $76.8 billion by 2034, from $4.5 billion in 2024, according to a report by Market.US. Chrome held a commanding 68 per cent share of the global browser market in June, according to StatCounter, cementing its position as the world's most widely used browser — far ahead of Safari, Microsoft Edge and Firefox.
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Time of India
5 hours ago
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Time of India
7 hours ago
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In earnings season, it's AI good, everything else, not so much
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South Korea's Hyundai Motor on Thursday posted a 16% decline in second-quarter operating profit, saying U.S. tariffs cost it 828 billion won ($606.5 million) in the second quarter, with a bigger hit expected in the current quarter. General Motors still expects a $4 billion to $5 billion hit to its bottom line this year. On Wednesday, Tesla Chief Executive Elon Musk said U.S. government cuts in support for electric vehicle makers could lead to a "few rough quarters", as his firm reported its worst quarterly sales decline in over a decade.
