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TechCheck

CAN ANYONE DISRUPT GOOGLE SEARCH 01/05/24

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.566 Ratings

🗓️ 5 January 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

The future of Google Search is one of the biggest questions in tech since ChatGPT exploded onto the scene… Does Google continue to dominate, or will it be disrupted by a generative AI upstart? This week Perplexity raised $74 million from the likes of Nvidia and Jeff Bezos to try to do just that.

Transcript

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0:00.0

The future of Google Search, one of the biggest questions intact since chat

0:04.4

GBT exploded onto the scene, does Google continue to dominate or will search be

0:09.8

disrupted by a generative AI upstart?

0:12.4

It's Friday January disrupted by a generative AI upstart.

0:14.0

It's Friday, January 5th.

0:15.0

Welcome to the Tech Check podcast.

0:17.0

I'm Jeer Drobosa.

0:18.0

And I'm Mark Gilbert.

0:19.0

To you new today,

0:20.0

Perplexity, an AI search engine looking to take on Google, raised $74 million valued

0:28.3

somewhere around half a billion D, now led by some of the biggest names in tech a star-studded round I'd call it D of people

0:38.8

pouring money into this into this startup here.

0:40.9

Yeah let's get into it.

0:42.5

So perplexity, it is the Series B round, 70 million dollars, I think 74 to be exact

0:47.4

million dollars, which is actually peanuts in the generative AI world, but what's interesting

0:51.7

about this is that this is the startup focused on of were close to this much money on a company trying to get into search because it's been so difficult, right?

1:05.5

Google has had 90% of the market share for decades.

1:09.6

Companies that have tried to go against it just haven't been able to.

1:12.4

So that's what

1:13.2

perplexity is trying to do take on Google and search but in a different era the

1:17.2

generative AI era so it is a question and answer engine kind of like ask Jeeves if you remember way way back.

1:27.2

The CEO even mentioned asked Jeeves.

...

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