• Wednesday • February 14, 2024

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    The Information

    OpenAI Develops Web Search Product in Challenge to Google

    The Search Service Would Be Partly Powered by Bing

    OpenAI has been developing a web search product that would bring the Microsoft-backed startup into more direct competition with Google, according to someone with knowledge of OpenAI’s plans. The move to launch a search app comes a year after Microsoft CEO Satya Nadella said his company would “make Google dance” by incorporating artificial intelligence from OpenAI into Microsoft’s Bing search engine. That partnership has failed to dent Google’s search dominance.

  • Thursday • February 1, 2024

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    New York Times

    Can This A.I.-Powered Search Engine Replace Google? It Has for Me.

    A Start-up Called Perplexity Shows What’s Possible for a Search Engine Built from Scratch with Artificial Intelligence

    For my entire adult life, whenever I’ve had a question about the world or needed to track down something online, I’ve gone to Google for answers. But recently, I’ve been stepping out on Google with a new, A.I.-powered search engine. (No, not Bing, which is dead to me after it tried to break up my marriage last year.)

    It’s called Perplexity. The year-old search engine, whose founders previously worked in A.I. research at OpenAI and Meta, has quickly become one of the most buzzed-about products in the tech world. Tech insiders rave about it on social media, and investors like Jeff Bezos — who was also an early investor in Google — have showered it with cash. The company recently announced that it had raised $74 million in a funding round led by Institutional Venture Partners, which valued the company at $520 million.

  • Monday • January 15, 2024

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    Industry News Source

    TikTok Gains Traction As A Search Engine Among Gen Z

    Study Shows Gen Z Increasingly Using TikTok As a Search Engine

    TikTok is increasingly being used as a search engine by consumers looking for information, recipes, music, and more, according to a new study by Adobe. The research involved surveys of over 800 consumers and 250 business owners to understand how TikTok is reshaping search behavior and marketing strategies.

    Research shows that 40% of consumers now use TikTok to search for things they need or are interested in learning about. This trend is prevalent among younger people, with 64% of Gen Z (those born after 1996) and 49% of millennials (born between 1981-1996) turning to TikTok as a search tool.

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  • Thursday • January 4, 2024

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    Wall Street Journal

    Jeff Bezos Bets on a Google Challenger Using AI to Try to Upend Internet Search

    Perplexity Raised the Largest Sum by an Internet Search Startup in Recent Years

    Perplexity, a startup going after Google’s dominant position in web search, has won backing from Jeff Bezos and venture capitalists betting that artificial intelligence will upend the way people find information online.

    Started less than two years ago, Perplexity has fewer than 40 employees and is based out of a San Francisco co-working space. The company’s product, which it calls an answer engine, is used by about 10 million people monthly.

    Those ingredients were enough to persuade Institutional Venture Partners, Bezos and other tech executives to invest $74 million in the company, the largest sum raised by an internet search startup in recent years. The investment valued Perplexity at $520 million, including the new money, said Chief Executive Officer Aravind Srinivas.

  • Thursday • November 30, 2023

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    New Consumer Behaviors: From Amazon To Tubi Every App Is A Search Engine

    It’s a Sea Change in How We Are Searching, What We Are Searching For, Why We Are Searching—And Therefore How We Find Things.

    Fifty-six percent of U.S. consumers start their search shopping directly on Amazon or they’re searching on Walmart (37%), YouTube (25%), Instagram (19%) and TikTok (also 19%) for things they want to buy, things they want to see, and things they want to do.

  • Thursday • November 2, 2023

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    Public Documents

    Yelp revenue up 12% to $345 million

    Yelp Drove Record Net Revenue in the Third Quarter 2023