Google's New Rival May Finally Be Here — Sam Altman's OpenAI Could Launch It Just Ahead Of Search Giant's I/O Conference

ChatGPT parent OpenAI is reportedly set to announce its AI-powered search product on Monday, potentially intensifying its rivalry with Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google.What Happened: The announcement, which is subject to change, has not been previously disclosed. It might coincide with the day preceding Google’s annual I/O conference, scheduled to commence on Tuesday, during which the technology powerhouse is anticipated to reveal numerous AI-related products, reported Reuters, citing two people familiar with the matter. Previously, it was reported that Sam Altman-led OpenAI’s search product is an extension of the company’s AI-powered chatbot, ChatGPT, and allows it to directly pull information from the web and include citations.See Also: Elon Musk Agrees ‘Meta Can’t Be Trusted’ After Zuckerberg-Led Social Media Giant Hit With $37M Fine Over Data Sharing PracticesOpenAI’s ChatGPT, a chatbot product that ...Full story available on Benzinga.com

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ChatGPT parent OpenAI is reportedly set to announce its AI-powered search product on Monday, potentially intensifying its rivalry with Alphabet Inc.’s GOOG GOOGL Google . What Happened : The announcement, which is subject to change, has not been previously disclosed.

It might coincide with the day preceding Google’s annual I/O conference , scheduled to commence on Tuesday, during which the technology powerhouse is anticipated to reveal numerous AI-related products, reported Reuters, citing two people familiar with the matter. Previously, it was reported that Sam Altman -led OpenAI’s search product is an extension of the company’s AI-powered chatbot, ChatGPT, and allows it to directly pull information from the web and include citations. See Also: Elon Musk Agrees ‘Meta Can’t Be Trusted’ After Zuckerberg-Led Social Media Giant Hit With $37M Fine Over Data Sharing Practices OpenAI’s ChatGPT, a chatbot product that uses advanced AI models to generate human-like responses to text prompts, has been considered an alternative for gathering online information.

However, it has faced challenges in providing accurate and real-time information from the web. OpenAI’s ChatGPT product was previously integrated with Microsoft Corporation’s MSFT Bing for paid subscribers. The Satya Nadella -led company initially invested $1 billion into OpenAI in 2019, followed by another investment in 2021.

Last year, the tech giant further bolstered its support by ad.