OpenAI to Unveil AI-Powered Search Product, Setting Stage for Competition with Google
Announcement Expected to Coincide with Google I/O Conference, Sources Say
According to two people familiar with the situation, OpenAI intends to unveil its AI-powered search tool on Monday, upping the ante in its rivalry with search giant Google.
The announcement date has not been released previously, however it is open to change. According to reports from Bloomberg and the Information, Microsoft-backed OpenAI is developing a search engine that may potentially take on Alphabet's Google as well as well-funded AI search company Perplexity.
OpenAI opted not to respond.
The announcement might have been timed to coincide with the opening of Google's annual I/O conference on Tuesday, when the tech giant is anticipated to reveal a number of items connected to artificial intelligence.
According to Bloomberg, OpenAI's search tool is an addition to its popular ChatGPT product, allowing ChatGPT to retrieve straight Web material along with citations. OpenAI's chatbot product, ChatGPT, generates responses to text prompts that resemble those of a human using the company's state-of-the-art AI models.
Industry watchers have long referred to ChatGPT as a substitute for obtaining Internet data, despite the fact that it has had difficulty delivering precise and current Web data. Previously, OpenAI integrated it with Microsoft Bing for subscribers who paid for access. Google, meanwhile, has shown generative AI capabilities for its own engine bearing the same name.
A former OpenAI researcher established the $1 billion startup Perplexity, which has garnered popularity by offering an AI-native search experience that displays citations in results and pictures in addition to text in its responses. Ten million people use it each month, as per a blog post the startup published in January.
Following its launch in late 2022, OpenAI's ChatGPT product was dubbed the fastest application to ever attain 100 million monthly active users at the time. However, according to analytics firm Similarweb, global traffic to ChatGPT's website has been volatile over the past year and is only now reaching its May 2023 peak. As a result, the AI company is facing pressure to grow its user base.
ChatGPT plugins, a previous attempt to incorporate current and real-world data into ChatGPT, were abandoned in April, as per a help center article on OpenAI's website.
Except for the headline, this story has not been edited by Press Time staff and has been published from a syndicated feed.
