OpenAI, the developer behind the popular ChatGPT chatbot, could be poised to challenge Google‘s dominance in internet search. According to a report from The Information, OpenAI is developing its web search service, fueled by its cutting-edge artificial intelligence technology.
The rumored search engine is said to be partially powered by Microsoft’s Bing, marking a deepening collaboration between OpenAI and one of its main investors. If the partnership pans out, the ChatGPT-infused search engine could shake up the industry landscape.
Google Stock Dips Amidst Competitive Threat
News of OpenAI’s potential entrance into the search market sent Google (GOOGL) shares down in after-hours trading. After a closing price of $145.94/share, Google’s stock dropped as low as $142.76 on the day.
Implications for the AI Industry
If OpenAI succeeds in establishing itself as a formidable rival to Google Search, it could spur substantial changes in the world of artificial intelligence. It remains to be seen how such a move might affect consumers and the broader tech industry.
