Chatbot Bard incorrectly said James Webb Space Telescope was first to take pictures of planet outside Earth’s solar system

Google’s riposte to ChatGPT has got off to an embarrassing start after its new artificial intelligence-powered chatbot gave a wrong answer in a promotional video, as investors wiped more than $100bn (£82bn) off the value of the search engine’s parent company, Alphabet.

The sell-off on Wednesday came amid investor fears that Microsoft, which is deploying an ChatGPT-powered version of its Bing search engine, will damage Google’s business. Alphabet stock slid by 9% during regular trading in the US but was flat after hours.

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