NewsChatGPT's new search feature challenges Google's supremacy

ChatGPT's new search feature challenges Google's supremacy

OpenAI has launched a search feature in ChatGPT that could impact Google's dominance in the search engine industry. Thanks to partnerships with data providers, the new feature offers current sports scores, stock quotes, and news.

OpenAI launched a search function in ChatGPT.
OpenAI launched a search function in ChatGPT.
Images source: © Getty Images | SOPA Images

8:16 AM EDT, November 1, 2024

OpenAI has introduced a new search feature in ChatGPT, which may change the balance of power in the online search market. Thanks to partnerships with data providers, users can now obtain up-to-date information, such as sports scores and stock quotes. This feature, called SearchGPT, has been in testing since July.

Competition for giants

The new feature places OpenAI in direct competition with Google and Microsoft. Although Microsoft has invested in OpenAI, both companies' products still compete. OpenAI CEO Sam Altman emphasizes that searching can be more intuitive and natural, which is expected to attract users.

Collaboration with media

OpenAI is collaborating with numerous media partners, including the Associated Press and Reuters. ChatGPT Plus and Team users can already access the new feature, which will soon be available to everyone. OpenAI plans further improvements, especially in the areas of shopping and travel, to increase the service's appeal.

OpenAI plans dynamic development

OpenAI anticipates reaching revenues of $3.6 billion this year, with losses exceeding $5 billion. Revenues are forecasted to increase to $11.6 billion in 2024. These ambitious financial goals reflect the company's dynamic growth, which has increased its valuation from $14 billion in 2021 to $157 billion within just a few years.

OpenAI continues its work on Artificial General Intelligence (AGI), striving to create AI systems that surpass human intelligence. At the same time, the company is intensifying commercialization efforts, aiming to achieve profitability. The popularity of OpenAI's products is impressive, with ChatGPT currently attracting 250 million active users weekly.

© essanews.com
·

Downloading, reproduction, storage, or any other use of content available on this website—regardless of its nature and form of expression (in particular, but not limited to verbal, verbal-musical, musical, audiovisual, audio, textual, graphic, and the data and information contained therein, databases and the data contained therein) and its form (e.g., literary, journalistic, scientific, cartographic, computer programs, visual arts, photographic)—requires prior and explicit consent from Wirtualna Polska Media Spółka Akcyjna, headquartered in Warsaw, the owner of this website, regardless of the method of exploration and the technique used (manual or automated, including the use of machine learning or artificial intelligence programs). The above restriction does not apply solely to facilitate their search by internet search engines and uses within contractual relations or permitted use as specified by applicable law.Detailed information regarding this notice can be found  here.