In their respective earnings calls on Tuesday, the tech giants, which are becomingrivals in the competition forthe future of search, offered upstarkly different assessments of just how much disruption is in store for the market. Google executives encouraged investors to trust in the company's long track record as the world's leading search engine, and framed Al as just another shift in its constantly evolving business.Microsoft suggested that something much more dramaticis underway.
Investors seemed to to like Microsoft's thesis better, sending its shares up as much as 7.7% in premarket trading before New York exchanges opened, while Alphabet increased less than 2%.
Until recently, Google was viewed as all but invincible in the market for online search, which it dominates worldwide. That changed with the debut of OpenAI's wildly popular chatbot, Chat GPT. Microsoft has begun weaving OpenAI's technology into its Bing search engine, and the partnership has ratcheted up pressure on Google to reinvent its core search business to allow for more of the conversational exchanges that generative AI makes possible.
Bu hikaye Financial Express Mumbai dergisinin April 27, 2023 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin April 27, 2023 sayısından alınmıştır.
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