In a recent all-hands meeting, Google search chief Prabhakar Raghavan warned staff that the company is facing a new chapter as “things have changed” and they are “not like they were 15, 20 years ago,” according to CNBC. Raghavan also emphasized that life will not be “hunky-dory” forever.
The search industry has become increasingly competitive, with new players like startup Perplexity AI gaining traction. Perplexity recently raised about $63 million in a new funding round and is valued at more than $1 billion. Jeff Bezos and Nvidia are among its backers. While Raghavan acknowledged the presence of new competitors in the meeting, he stressed that Google remains a trusted source for information.
The rise of generative AI has forced Google to adapt its search experience. The company has introduced a new version called Search Generative Experience (SGE), which is powered by AI. Google is currently testing “AI overviews” for some users, providing AI-generated summaries of search results. Microsoft has also enhanced its search capabilities with new AI features on Bing, allowing users to search visually.
As Google and Microsoft compete to advance their search technologies, AI is playing a crucial role in shaping the future of search. Both companies are investing heavily in AI to stay ahead in the competitive search engine market. However, it’s clear that the landscape is changing rapidly, and companies will need to continue adapting to stay relevant in this fast-paced industry.
In a major victory for the state of Oregon, a U.S. District Court judge in…
Georgian President Salome Zurabishvili has vetoed the bill “On Transparency of Foreign Influence” that was…
Vietnam's pharmaceutical industry is currently meeting about 60% of the demand for preventive and curative…
Over the past 25 years, Tasjeel centers of ENOC group have completed over 20 million…
Valerie Bertinelli announced on Instagram that she will be taking a break from social media…
On Wednesday, the Gulf Cooperation Council (GCC) region experienced a mixed performance in their stock…