Meta Develops AI-Powered Search Engine to Reduce Dependence on Google and Bing
Meta Platforms Inc (NASDAQ:META) is in the process of developing its own AI-based search engine to distance itself from Alphabet Inc.'s Google (NASDAQ:GOOGL) and Microsoft Corp.'s Bing (NASDAQ:MSFT). The reported project aims to establish Meta's independence in the search engine market.
This initiative represents a strategic effort to create proprietary technology capable of processing search queries, potentially transforming how users interact with its range of products and services. By investing in this AI-enhanced search capability, Meta demonstrates its intention to become more autonomous within the digital ecosystem.
This development comes at a time when Meta, the parent company of social media giants Facebook, Instagram, and WhatsApp, continues to explore new growth areas and technological innovations. Meta's entry into the search engine sector could have significant implications for the future of internet searches.
Currently, Google and Bing dominate the search engine market, and Meta's foray into this field may introduce a new dynamic to the competitive landscape. Details regarding the progress of Meta's search engine project, potential launch dates, or how it will integrate with existing Meta platforms have yet to be disclosed.
Meta Platforms Inc. trades on the NASDAQ under the symbol NASDAQ:META, while Alphabet Inc. and Microsoft Corp. are listed as NASDAQ:GOOGL and NASDAQ:MSFT, respectively.
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