ChatGPT Launches ‘Atlas’ Browser-Google Loses $150 Billion in Market Value

San Francisco — OpenAI has officially unveiled its new AI-powered web browser, ChatGPT Atlas, sending shockwaves across Silicon Valley. The announcement led to a massive drop in Google’s parent company, Alphabet’s, market capitalization, which decreased by $150 billion in a single day.

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Alphabet shares fell 2.21%, closing at $251.34, after dipping to a low of $244.67 during trading. The company’s current market value now stands at $3.03 trillion.

🔹 How Atlas Was Announced

OpenAI first teased Atlas on X (formerly Twitter) with a 6-second video showing browser tabs before CEO Sam Altman formally announced it via livestream.

Altman posted,

“Our new AI-first browser, ChatGPT Atlas, is now available on macOS. Please share your feedback — it’s coming to other platforms soon.”

🔹 What Makes Atlas Different

Atlas is not just another browser. Built on Chromium technology, like Google Chrome, it integrates ChatGPT directly into every webpage.
Users no longer need to copy-paste content or switch tabs for queries.

Its standout feature, Agent Mode, allows AI to control your cursor and keyboard to perform tasks autonomously, such as

• Booking flights

• Conducting product research

• Editing documents

🔹 Availability

Atlas is currently available exclusively on macOS.

• Full features are accessible to Plus and Pro subscribers.

• Basic browsing is open to free users.
  OpenAI plans to release Windows and mobile versions soon.

🔹 Why Google Was Hit

Google’s primary source of revenue—search advertising—faces a direct threat from Atlas.
AI-powered browsers like Atlas can answer queries instantly, bypassing traditional search ads.

With over 800 million ChatGPT users already in the ecosystem, the potential for mass adoption has investors worried about Google’s dominance in search.

🔹 Google’s Response

Google has integrated Gemini AI into Chrome and recently avoided a court order demanding its browser’s separation from search operations.
All eyes are now on October 29, when Google releases its Q3 earnings, to see how the growing AI competition impacts its search business.

🔹 The Road Ahead

The Atlas vs Chrome rivalry marks a new chapter in the AI era of web browsing.
While OpenAI pushes for smarter, AI-assisted browsing, Google is determined to protect its search and ad empire.
Analysts say this battle could reshape how humans interact with the internet itself.