The maker of artificial intelligence chatbot ChatGPT announced its most direct challenge yet to Google’s search engine. OpenAI is testing SearchGPT. It will combine AI technology with information from the web to allow people to search for things in the same way they talk to ChatGPT. In 2023, 57 percent of Google’s revenue came from search.
The stock market rallies, despite the latest government inflation data showing that prices are still rising, albeit a little more slowly. Friday’s Personal Consumption Expenditures report shows prices are up 2.5 percent year over year. Investors, homebuyers, and regular Americans trying to make ends meet are all waiting to see the Federal Reserve’s next move on interest rates.
