Apple says AI engines like ChatGPT are cutting into Google search, but Google says that's not true. Both arguments could be true.

Following Apple mentioning that it was looking to add AI search to the iPhone and perhaps replace Google, shares in the search engine giant dropped over 7% — and Google didn't like it.

Google’s stock took a hit Wednesday after an Apple executive testified in court that the iPhone maker is considering adding artificial intelligence (AI) search engines to its web browser as search