For the first time since surpassing Yahoo in 2000, Google Search is facing competition as OpenAI announces SearchGPT.
Google Search’s domination of the online search market might be challenged as OpenAI announced today a prototype of a search engine called Search GPT. The goal is to integrate SearchGPT with the company’s ChatGPT chatbox. SearchGPT will give consumers «fast and timely answers with clear and relevant sources.» The news has investors in Google parent Alphabet running for the door with the stock down $3.15 or 1.8% to $171.22 in afternoon trading.
Alphabet investors have been worried since ChatGPT was launched in late 2022 that the chatbox could be used to drive a search engine that would compete with Google Search. The latter is the most used online search engine in the world with a 95% share of mobile search worldwide. Google Search does provide users with AI Overview which generates an AI-created response to a search query.
