Google shares dip as OpenAI explores browser with chatbot integration
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OpenAI, the company behind ChatGPT, is reportedly considering developing a web browser that integrates with its chatbot, according to recent reports. Additionally, the organisation has been exploring partnerships and deals to power search features on websites and apps.
The initiative, which was reported by The Information, highlights OpenAI's engagement with entities such as Conde Nast, Redfin, Eventbrite, and Priceline. These discussions have reportedly involved prototypes or designs for search products, aiming to enhance their digital platforms with advanced AI-driven search capabilities.
This development signals OpenAI’s potential entry into the competitive web browser market, where Google currently holds a dominant position. The move could also expand OpenAI’s footprint in the search engine domain, building on its existing SearchGPT platform, which represents its initial foray into the field.
Market analysts speculate that OpenAI’s advancements may pose a challenge to Google’s supremacy in the search and browser sectors. With Sam Altman at its helm, OpenAI continues to innovate in AI-driven solutions, including expanding its influence in web and search technologies.
Alphabet, Google’s parent company, experienced a slight decline in its stock value following the report, dropping 1% after market hours and nearly 5% during regular trading on Thursday. Google and OpenAI have yet to comment on the reported developments.