Google will soon launch a ChatGPT competitor at the search event next week
This is in the same vein as the company's annual research events, which typically take place in the fall.
In all likelihood, the success of OpenAI's ChatGPT3 caused Google to start working around the clock to catch up. ChatGPT's success was a "red flag" for Google, prompting the company to pick up the pace to keep up with emerging technology.
Alphabet, the parent company of Google, reported its fourth consecutive quarterly decline in profit. Due to weaker advertising orders, the company's net revenue fell 34% to $13.6 billion, below Wall Street's forecast of $15.3 billion. Even leading search engine Google saw a 1% drop in profit, to $42.6 billion, below the $43.3 billion expected by industry experts.
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| Google will soon launch a ChatGPT competitor at the search event next week |
Google has announced that there will be a search and artificial intelligence event on February 8. This change comes as the company prepares to take on AI competitors like ChatGPT.
In the words of Google, the company is "reimagining how people search for, explore and interact with information, making it more natural and intuitive than ever." This will lead to "better access to the information people are looking for everywhere, through Google searches, maps, and more."
The live-streamed event, called "Google Progress: Live from Paris" on YouTube, features artwork that demonstrates the visual search, translation, and shopping capabilities of Google Lens.
This is in the same vein as the company's annual research events, which typically take place in the fall. However, this development is happening at a time when Microsoft is reportedly integrating Open AI's ChatGPT into Bing. I/O 2023 (speculated to take place in May) was supposed to be when Google would make its announcements, but what happens next week seems to have been very rushed.
During the company's earnings call, CEO Sundar Pichai made the following statement. During the event, he said that very soon people will be able to directly interact with Google's latest and most powerful language model as a search companion in experimental and innovative ways.