AI startup Genspark raises $100 million to compete with Google, source says
AI-Generated Search Results Can Offer a Single Answer With Citations
Search startup Genspark has raised $100 million in a series A funding round, valuing the startup at $530 million, according to a source familiar with the matter, as the race to use artificial intelligence to disrupt Google’s (GOOGL.O), opens new tab stranglehold on the search engine market heats up. The Palo Alto-based company currently has over 2 million monthly active users, and the round was led by a group of U.S. and Singapore-based investors, the source said.
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