OpenAI launches new Google Search competitor: SearchGPT

Published: November 4, 2024

Will you be using Google’s new search competitor OpenAI?

Author: Movieguide® Author

Google’s search monopoly may have a new competitor now that OpenAI has launched its own search engine, SearchGPT.

“ChatGPT Search offers the latest sports scores, stock quotes, news, weather and more, powered by real-time web searches and partnerships with news and data providers,” CNBC reports. reported October 31st. “Beta testing of the SearchGPT search engine began in July.”

“This release could have implications for Google as the dominant search engine,” CNBC adds. “Since the launch of ChatGPT in November 2022, Alphabet investors have been concerned that OpenAI could take search market share away from Google, giving consumers new ways to find information online.”

Alphabet shares fell about 1% after OpenAI announced the news.

In the demo, ChatGPT search director Adam Fry: displayed search function for news about Apple shares. The search displayed an interactive chart, news about upcoming earnings, and articles with links to sources. There is also a sidebar that displays relevant websites.

OpenAI will also compete with Microsoft, although Microsoft has invested $14 billion in it. OpenAI’s products “directly compete” with Microsoft’s Bing and Copilot products.

“In a Reddit AMA on Thursday, OpenAI Vice President Srinivas Narayanan responded to a user’s question about whether ChatGPT Search uses Bing as a hidden search engine, writing: “We use a set of services, and Bing is important.” CNBC said

“OpenAI CEO Sam Altman wrote in a post on X on Thursday that search is his ‘favorite feature we’ve launched’ on ChatGPT since the chatbot first debuted,” CNBC reported.

OpenAI search differs from Google or Bing search in that it is “more natural,” “intuitive,” and conversational.

Altman added, “I find this to be a much faster and easier way to get the information I’m looking for. I think we’ll see this especially for queries that require more complex research. I also look forward to a future where a search query can dynamically display a custom web page in response!”

As part of the program, “chat chats now include links to sources such as news articles and blog posts, giving you the opportunity to learn more,” OpenAI speaks.

OpenAI, the creator of ChatGPT, has released an updated model of its already impressive artificial intelligence program that will be even smarter than before…

READ MORE: OPENAI’S LATEST UPDATE PROMISES EVEN MORE INTELLIGENT AI

The company plans to improve the model in the areas of shopping and travel.

“According to an OpenAI blog post, ChatGPT will “automatically perform web searches based on your query,” CNBC reports. “Users can manually click the web search icon in ChatGPT to perform a search if they wish.”

“Chats now include links to sources such as articles or blog posts, which users can access by clicking the Sources button below the reply to open a sidebar,” CNBC reports. “OpenAI said it collaborated with its news partners, including the Associated Press, Reuters, Axel Springer, Condé Nast, Hearst, Dotdash Meredith, Financial Times, News Corp., Le Monde, The Atlantic, Time and Vox Media.”

ChatGPT Plus, SearchGPT waitlist members and team users can now access the program. ChatGPT Enterprise and Edu users will be able to gain access in the coming weeks, while all users of the free version of ChatGPT will gain access in a few months.

“OpenAI closed its latest funding round earlier this month at a valuation of $157 billion, including $6.6 billion that the company raised from an extensive list of investment firms and major technology companies,” CNBC reports. “It also secured a $4 billion revolving credit facility, bringing its total liquidity to more than $10 billion. OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year, a person familiar with the matter confirmed to CNBC in September.”

“In recent months, OpenAI has faced some controversy over its upcoming transition to a commercial structure, as well as a number of executive departures. Jan Leike, the company’s former head of security when he resigned, wrote on X that “security culture and processes have taken a backseat to the company’s brilliant products,” CNBC notes.