Shares in Alphabet (GOOGL) edged higher despite technology giant Samsung Electronics exploring alternative artificial intelligence (AI) options for its future mobile phones. According to reports, South Korea’s Samsung is talking to Microsoft-backed OpenAI and Perplexity AI, backed by Nvidia, SoftBank, and Amazon founder Jeff Bezos.
Samsung aims to give its customers more choice on the upcoming Galaxy S26 smartphone line next year. The company is currently using Alphabet’s AI model in its devices but wants to provide the best user experience. In an interview, Choi Won-Joon, Samsung’s mobile division president and COO, stated that as long as competing AI agents can provide a good experience, the company is open to partnering with any vendor.
Samsung’s decision comes as innovation is one of the key risks to Alphabet stock and its investors. The company is also evaluating new application processors for the Galaxy S26 and considering products from Qualcomm and its in-house Exynos 2600.
In a recent move, Samsung used the Exynos chipset in the Galaxy Z Flip 7, which was its first use of this technology in a foldable device. The company aims to reduce reliance on Qualcomm and alleviate concerns about efficiency and thermal performance.
Source: https://www.tipranks.com/news/alphabet-stock-googl-climbs-despite-samsungs-galactical-search-for-new-ai-agents