OpenAI, a leading artificial intelligence company, recently announced the development of a new search engine called SearchGPT. The prototype of this search engine is currently being alpha-tested with a small group of users and is designed to provide fast and relevant answers with clear sources. OpenAI plans to integrate SearchGPT into its popular chatbot, ChatGPT, in the future.
The announcement of SearchGPT has sparked interest and speculation in the tech industry, particularly among investors of Alphabet, the parent company of Google. Some investors are concerned that OpenAI's new search engine could potentially challenge Google's dominance in the search market by offering users a more intuitive and conversational way to search for information online.
In response to OpenAI's announcement, Alphabet shares were trading lower on Thursday while the Nasdaq saw a slight increase. This development comes shortly after Google launched its own AI Overview feature, which aims to provide users with a summary of answers to their queries at the top of Google Search. However, Google faced criticism for the inaccuracies and nonsensical results generated by the AI Overview feature.
OpenAI's announcement of SearchGPT follows the recent launch of a new AI model, GPT-4o mini, which is an offshoot of the company's fastest and most powerful model to date. OpenAI, backed by Microsoft, has been valued at over $80 billion by investors and is under pressure to stay competitive in the generative AI market.
The company's strategic hiring of top executives and partnership with Apple for a ChatGPT-Siri integration demonstrate OpenAI's commitment to innovation and staying ahead in the rapidly evolving AI landscape. As the company continues to push the boundaries of multimodality in AI-generated media, OpenAI seeks to offer users a comprehensive and immersive experience with tools like ChatGPT and SearchGPT.
Overall, OpenAI's latest developments reflect its ongoing efforts to lead the way in artificial intelligence innovation while navigating the challenges of a rapidly evolving tech landscape.