Google shares slump as Apple exec calls AI the new search

Updated An Apple executive’s backhanded endorsement of AI as a replacement for traditional internet searches has sent Google stock tumbling. 

Apple senior vice president of services Eddy Cue made a number of interesting statements about the future of AI, and its potential impact on Google’s bottom line, during testimony Wednesday in the remedies phase of the US Department of Justice’s lawsuit against Google parent Alphabet. That’s the lawsuit that resulted in a judge ruling that Google’s…