To compete with artificial intelligence, Microsoft has launched a “new” version of its Bing search engine and Edge web browser. The news comes a day after Google launched its own “experimental conversational AI service” Bard, which uses the Language Model for Dialogue Applications (LaMDA). This was the beginning of the artificial intelligence war between the two tech giants. Meanwhile, some AI coins continue to rise. Here are the details…
Microsoft will integrate ChatGPT with Bing
Microsoft is preparing to integrate ChatGPT into the Bing search engine, using its viral chatbot to compete with Google’s search engine dominance. The program developed by OpenAI has taken the tech world by storm, and Microsoft’s massive investment in the company is definitely paying off. Microsoft refers to the updated Bing and Edge as the user’s web-based AI co-pilot. However, it is said to provide enhanced search, more detailed answers and the ability to generate content.
The Wall Street Journal reported that Microsoft is ready to integrate ChatGPT into the Bing search engine, and the report states that the integration is seen as Microsoft’s chance to reignite the search engine wars long dominated by Google. In terms of the race to develop the biggest AI system, Microsoft has forced Google to compete. ChatGPT has taken the world by storm with its advanced programming. Now, there is optimism at Microsoft that its popularity and capabilities can refocus on Bing.
As we reported on Kriptokoin.com, everyone could feel that something was going on when Microsoft invested $1 billion in OpenAI in 2019. Its initial investment in OpenAI enabled the platform to create two incredible products, CODEX and DALL-E. This gave Microsoft the confidence to increase its investment and raised another $10 billion in funding to the company that created the popular ChatGPT.
Competition heats up between Google and Microsoft
On the other hand, artificial intelligence security and research company Anthropic recently received $300 million from Google. The deal is likely to have increased Anthropic’s value to around $5 billion. To reduce the likelihood of new competitors entering the market and possibly challenging their monopoly, tech giants often buy various startups. Microsoft has invested in GitHub, Skype, LinkedIn and other companies over the years. Similarly, Google has invested in DeepMind, Verily, Nest, Waymo and more recently Anthropic.
In response to ChatGPT’s growing popularity, Google executives had previously claimed that their AI model was comparable to OpenAI’s. However, they explained that they acted “more cautiously” due to the “reputation risk” posed by technology. Google’s latest feature, Anthropic, has a fascinating backstory. Amodei, a former employee of OpenAI, left the company and founded Anthropic because he did not participate in the commercialization strategy accelerated by Microsoft’s investment. Ironically, Google is now funding Anthropic, which is on a similar route.
Will Google win this AI battle?
As the AI race intensified, it went beyond creating something new and groundbreaking. Whoever can better implement and perfect existing models gets ahead. No one is holding back in this competition. Microsoft is not progressing slowly like Google. Still, both tech giants rely on established models. Who wins the title of the greatest AI champion is now more important than technical skill.
These AI coins are on the rise
In line with the above developments, the total value of AI-related cryptocurrencies is increasing as institutional investors name the field as the technology that will most shape commerce in the future. The total market cap of crypto related to artificial intelligence and big data is on the rise, reaching close to $5.3 billion, up 24.89 percent in the last 24 hours. Top cryptocurrencies in this category by market cap include The Graph (GRT), SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN). We can show the 10 coins that have experienced the highest increase in this area in the last 24 hours as follows:
In addition, the list of artificial intelligence coins that increased the most in 7 days, led by Big Data Protocol, which increased in value by 1849 percent, is as follows:
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