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0 -0.00117082308863124 -0.000819576162041836 -0.00222456386839946 -0.00105374077976805 -0.00298559887600978 -0.00450766889123043 -0.00664442102798262
Stock impact report

OpenAI to announce Google search competitor next week [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: Yahoo! Finance
The Micrsoft-backed company's plans to release a search product were first reported by the Information in February. OpenAI's search product will be an extension of its GenAI-powered chatbot ChatGPT. The extension will allow the chatbot to search the web and include citations for information, according to Bloomberg If unchanged, the announcement will be made a day before the start of Google's I/O conference, at which the tech giant is expected to announce a range of AI-powered products. As well as Google, OpenAI's new search product will be in direct competition with AI start-up Perplexity, which is currently valued at around $1bn. The start-up, which was founded by a former OpenAI researcher, has rose in popularity by providing an AI-powered search engine that fetches images and text in its responses. In April, Perplexity announced it had received $62.7m in funding and partnerships with SoftBank and Deutsche Telekom. The AI start-up also launched a paid enterprise model, Pe Show less Read more
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