24/7 Wall Street
04 Nov 2026, 20:47 UTC · 25m ago
OpenAI Says ChatGPT's Search Volume Is Now a Fifth of Google's
Impact · against what's priced in
The claim that ChatGPT's search volume is 20% of Google's increases the threat to search dominance, but the impact is mitigated by the fact that the market has already heavily penalized GOOGL for AI-driven revenue erosion. The primary risk remains whether Google can sustain its search advertising baseline growth given this acceleration in competitor volume.
- GOOGL−0.30
Challenges what's priced in
- The price assumes
Search advertising revenue growing near the current 13.4% pace
OpenAI's claim that its search-like query volume is now one-fifth (20%) of Google's represents a significant jump from previous analyst estimates of 7.5% to 12%, threatening the baseline search revenue growth the price currently relies on.
What GOOGL's price assumes · Sep 2
