31, Alphabet reported $42.6 billion in Google Search and other revenue, while Microsoft posted $3.2 billion from search and news advertising. The rivalry in search is now among the technology industry's biggest, as OpenAI sets up Microsoft to expand its 9% share at Google's expense, said Daniel Ives, an analyst with Wedbush Securities.įor the quarter ended Dec. However, the Redmond-based company expects to roll out the updated Bing to other browsers eventually.
Microsoft's decision to update its Edge browser will likewise intensify competition with Google's Chrome competitor. On Monday it unveiled a chatbot of its own called Bard, while it is planning to release its own AI in search that can synthesize material when no simple answer exists online. Google has taken note of Microsoft's challenge nonetheless. 'Except for gaming, Microsoft has not been a leader in key consumer technologies, such as search, mobile and social media,' he added. In the near term, Gartner analyst Jason Wong said Microsoft's 'partnership with OpenAI is more relevant for its business customers.' Still, he said, it could offer 'disruptive opportunities' in consumer businesses as well. REUTERS/Gonzalo Fuentes Acquire Licensing Rights A view shows a Microsoft logo at Microsoft France headquarters in Issy-les-Moulineaux near Paris, France, January 25, 2023.
