Global insights driving the market strategies of tomorrow.

OpenAI launches ChatGPT search feature, Google's (GOOGL.US) dominance is shaken

Market IntelThursday, Oct 31, 2024 9:30 pm ET

1min read

OpenAI announced on Thursday that it has launched a search feature in ChatGPT, which means OpenAI will compete with Google (GOOGL.US), as well as Microsoft's Bing and other search engines. In fact, investors began to worry that some of Google's market share in search would be taken away when OpenAI launched ChatGPT two years ago.

OpenAI said users can get quick and timely answers through links to relevant web resources, "ChatGPT will search webpages based on your query, and you can manually select search by clicking the webpage search icon". The company added that the new search feature not only has the advantage of natural language interface, but also integrates the value of news, sports, stocks and other information.

OpenAI introduced that users usually need to search multiple times to dig out the information they want, and now they can ask questions in a more natural conversation way while chatting with ChatGPT, ChatGPT can choose to reply using information on the web and can explore follow-up questions, ChatGPT will consider the entire context of the chat to provide better answers.

It is known that the search function will be launched on the website of ChatGPT as well as the desktop and mobile applications of ChatGPT; from Thursday, all users of ChatGPT Plus and Team, as well as those on the waiting list for SearchGPT (OpenAI's search function prototype) can access it. Enterprise and education versions of ChatGPT users will be granted access in the coming weeks, and the feature will be free to all users in the coming months.

In terms of content cooperation, OpenAI has cooperated widely with the news industry, including News Corporation, Time Magazine, Conde Nast, Associated Press, Reuters, Financial Times, Axel Springer, Dotdash Meredith, The Atlantic, GEDI, Hearst, Vox Media and French media Le Monde, Spanish media Prisa (El País). The company also said that any website or publisher can choose to appear in ChatGPT search.

World Journal CEO and publisher Louis Dreyfus said: "We believe that artificial intelligence search will become the main way to obtain information in the near future, and cooperation with OpenAI will put World Journal at the forefront of this transformation."

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.