Alphabet shares sink after Apple's Cue says AI will replace search engines

Eddy Cue, senior vice president of internet software and services at Apple Inc., speaks during a keynote session at the South By Southwest (SXSW) conference in Austin, Texas, U.S., on Monday, March 12, 2018.Alphabet and Apple shares sunk Wednesday after Eddy Cue, Apple's services chief, said he believes that AI search engines will eventually replace standard search engines like Google, according to Bloomberg.Cue said he expects to add the artificial intelligence services from OpenAI, Perplexity and Anthropi ...