OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. Bloomberg and the Information have reported that Microsoft-backed OpenAI is working on a search product to potentially compete with Alphabet's Google and with Perplexity, a well-funded AI search startup. The announcement could be timed a day before the Tuesday start of Google's annual I/O conference, where the tech giant is expected to unveil a slew of AI-related products.
Futures rose after the Dow Jones rose for a seventh straight session Thursday. Nvidia chipmaker Taiwan Semi reported strong sales, leading AI stocks near buy points.
Bitcoin miner CleanSpark swung to a profit, easily cleared quarterly forecasts as bitcoin prices rally. Bitcoin snaps four-day losing streak.
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