Google recently narrowly avoided a forced breakup of its Chrome browser—yet the most surprising takeaway from the ruling was the federal judge’s acceptance of the argument that AI competitors could act as a check on the tech giant, even as new players continue to emerge in the market. From Atlassian’s $610 million investment in The Browser Company to OpenAI’s latest strategic moves, the race to define how we interact with the web is only just beginning to heat up.

On the latest episode of the Equity podcast, hosts Max Zeff and Anthony Ha dive into this week’s most impactful developments, exploring how AI is chipping away at the long-standing search monopoly while simultaneously redefining both web browsing experiences and investment strategies in the space.

Tune in to the full episode to unpack key topics including:

• What Atlassian’s $610 million deal with The Browser Company reveals about the broader shift from consumer-focused AI browsers to enterprise-grade solutions—and why this transition matters for businesses of all sizes.
• OpenAI’s dual moves: its $1.1 billion acquisition of product testing startup Statsig, and its aggressive hiring push targeting former Facebook executives, signaling the company’s ambition to expand its capabilities beyond core AI models.
• The revival of Klarna’s $1.2 billion IPO plans—and whether this comeback hints at a much-awaited rebound for the fintech sector, which has faced headwinds in recent years.
• New online safety regulations that are sparking privacy concerns among users, while also imposing costly compliance burdens on companies that must adhere to the rules.
• The intriguing mystery surrounding Nvidia’s revenue: nearly 40% of the chipmaker’s sales come from undisclosed customers, raising questions about who is driving demand for its AI-focused hardware.