OpenAI unveils SearchGPT, its AI-powered search engine
News & Politics
OpenAI Unveils SearchGPT, its AI-powered Search Engine
A week filled with angst ended with smiles across Wall Street after a tame inflation report brightened the mood. Data released on Friday showed prices easing closer toward the Federal Reserve's 2% inflation target. The report sets the stage for the Fed's two-day policy meeting next week. Trading will also be dictated by the latest employment report and the biggest earnings week yet, with McDonald's, Microsoft, Meta, Apple, and Amazon among the names to watch.
In other news, OpenAI is launching an AI-powered search engine called SearchGPT to go head-to-head with Google. It will also compete with Microsoft's Bing, despite Microsoft being OpenAI's biggest partner. SearchGPT is currently on a trial run with a small group of users, with plans to eventually incorporate some of its functionality into future versions of ChatGPT.
OpenAI described SearchGPT in a blog post as "a prototype of new search features designed to combine the strengths of our AI models with information from the web to give you fast and timely answers with clear and relevant sources." Learning from past mistakes, OpenAI is getting publishers on board early in the process. News Corp and The Atlantic have both signed on as publishing partners.
SearchGPT will face competition from AI-powered search engines in the works from Google, Microsoft, and Perplexity, an AI search chatbot backed by Nvidia and Amazon founder Jeff Bezos.
That’ll do it for your daily briefing from the New York Stock Exchange. I'm Conway G reporting from The Street.
Keywords
- OpenAI
- SearchGPT
- AI-powered search
- Microsoft Bing
- inflation report
- Federal Reserve
- employment report
- earnings week
- ChatGPT
- publishing partners
- News Corp
- The Atlantic
- Perplexity
- Nvidia
- Jeff Bezos
FAQ
Q: What is SearchGPT?
A: SearchGPT is an AI-powered search engine launched by OpenAI to compete with Google and Microsoft's Bing. It combines AI models with web information to provide fast and timely answers with clear and relevant sources.
Q: Who are OpenAI's publishing partners for SearchGPT?
A: News Corp and The Atlantic have signed on as publishing partners for SearchGPT.
Q: What is the purpose of the recent inflation report?
A: The recent inflation report showed that prices are easing closer to the Federal Reserve's 2% inflation target, which set the stage for the Fed's upcoming two-day policy meeting.
Q: Which companies are expected to influence trading in the coming week?
A: McDonald's, Microsoft, Meta, Apple, and Amazon are some of the key companies to watch during the upcoming earnings week.
Q: Who are the competitors for SearchGPT in the AI-powered search market?
A: Competitors for SearchGPT include AI-powered search engines from Google, Microsoft, and Perplexity, which is backed by Nvidia and Amazon founder Jeff Bezos.