00:00 Speaker A
Well OpenAI revealing a new product that is heating up the AI browser wars. Yahoo Finance is Dan Howley joins me now with the details. Dan, a browser battle.
00:10 Dan Howley
Yeah, big uh browser showdown. This is the uh ChatGPT Atlas and it is Open Eye’s own web browser. And yeah, I mean this is going right up against Google’s Chrome. Chrome has around 72% of global market share when it comes to the web browser. I mean I’m sure, you know, most people use it on the regular unless they’re using Safari on their iPhone, but, you know, even outside of that people still download it. So, this is Open AI’s stab at taking on that part of Google’s market share uh in the browsing space. They also obviously have ChatGPT which goes up against Google’s own search. And so the big differentiator here is that ChatGPT is built directly into Atlas. Uh you’ll be able to do things like uh use uh natural voice search uh for uh old tabs that you may have closed or uh Google Docs that you’ve worked on in the browser as well as just type your standard URLs for things like Yahoo finance.com all in the same box. You can also have something called an agent. So what this will allow you to do is have the web browser essentially do things like shop for everything that you need uh on your uh weekly grocery list via Instacart or book reservations for a restaurant. So it’s it’s one of these kind of new brands of browsers where they’re putting all of the generative AI know-how into it so that you don’t have to necessarily, you know, go in Chrome and then navigate to ChatGPT’s website itself. You could just do it all from there. Google, they also have their own Gemini capabilities in the the Chrome browser uh and uh the Google Search. That’s, you know, the AI mode or AI overviews. Uh Perplexity has its own browser. Microsoft’s Edge has built-in co-pilot. So we’re seeing more and more of this AI trickle in, but I do think that OpenAI itself poses this kind of almost existential threat to Google, not immediately, right? But there is that creeping fear.
02:00 Speaker A
Well, that’s what I wanted to ask you. I wanted to ask you like out there in uh Mountain View, California, Alphabet headquarters, I wanted you to take like how, how worried do you think they are? How worried should they be?
02:16 Dan Howley
I think, you know, initially they were freaking out, right? Because once, you know, when ChatGPT came out, they were kind of, you know, just caught flat-footed like like the rest of the industry except except for Microsoft. Um, and since then they’ve managed to catch up more and more with Gemini. Uh you know, there’s almost like a a kind of uh back and forth between all of the the AI models, which is better, which is is, you know, top of the heap. They all kind of trade positions uh uh all the time as new versions come out. So, you know, Google is okay there, but I think it’s really that mindshare, right? When you think of AI, you think of ChatGPT, you think of NVIDIA, right? You know, Google, you think of search and yes, they are making AI a big portion of search, right? They’ll say that, you know, however many millions of people use AI overviews. That’s just there when you use a regular Google search. It’s not like you’re navigating to that on purpose. You have to be purposeful to use something like chat GPT. So I think that, you know, that’s probably where they’re they’re caught up is that, you know, uh Chrome is still the leading browser, people still use Google for for standard search for the most part, but when you think about AI and you think about where these things going, it’s chat GPT.
03:41 Speaker A
Yep. Dan, thank you, my friend. Appreciate it.
