OpenAI has introduced the prototype of its new search engine, SearchGPT.
The browser aims to deliver users fast and timely answers, supplemented with clear and relevant sources.
Eventually, OpenAI plans to integrate SearchGPT into its ChatGPT chatbot.
This development poses a potential challenge to Google’s dominance in the search engine market.
Since ChatGPT’s launch in November 2022, Alphabet investors have been concerned about OpenAI’s potential to capture market share from Google by offering innovative ways for consumers to seek information online.
SearchGPT is designed to provide a more natural and intuitive search experience, allowing users to ask follow-up questions similar to a conversation.
OpenAI CEO Sam Altman expressed optimism about the future of search functionality, highlighting the potential for significant improvements.
Following the announcement, Alphabet’s stock fell over 3%, closing at $167.28, while the Nasdaq dropped less than 1%.
In response to the changing search landscape, Google introduced AI Overview in May, which CEO Sundar Pichai called the biggest change in search in 25 years.
