OpenAI Unveils SearchGPT, a New Contender in the Search Engine Market
Key Points: OpenAI introduces a prototype search engine aiming to rival Google. Following the announcement, Alphabet shares fell over 3%. Google's recent AI Overview was described as the most significant change in search in 25 years, but the feature was criticized for inaccuracies. SearchGPT and the new mini AI model are part of OpenAI’s strategy to offer diverse AI-generated media through ChatGPT. OpenAI, valued at over $80 billion, is backed by Microsoft and began a partnership with Apple to integrate ChatGPT with Siri. OpenAI announced on Thursday the launch of a prototype search engine, SearchGPT, designed to provide users with...