A significant part of Google’s business (Ads, YouTube, Workspace) runs inside a browser, so if the web is slow, Google loses money
What are the marginal gains in business for them from the likely improvement of the runtime? It's not like the web (or: web-technology-based apps) don't capture a lot of time already.
And the faster that a page finishes rendering on an iphone, the faster that the cpu can idle, which hugely benefits battery life. That's a pretty strong motivation on Apple's side. I don't think the proposed motivation on google's side is stronger.