OpenAI and Google, the two champions of the artificial intelligence challenge

Mega-trends

Posted by MoneyController on 28.05.2024

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It is an almost epic challenge between OpenAI and Google in the field of artificial intelligence, a challenge that is likely to change the way we approach web searches.

The market size of OpenAI and Google in comparison

When it comes to artificial intelligence (AI) and, in particular, generative AI programmes, OpenAI and Google dominate the markets. OpenAI developed the ChatGPT software, while Google put Gemini on the market. As Pier Luigi Pisa points out in ‘Affari&Finanza’ (‘La Repubblica’), one of the most striking differences between the two companies is their size, namely their market value. However, this comparison must take into account one fact: OpenAi is not listed on the stock exchange; nevertheless, the company is worth an estimated 80 billion dollars. In any case, these figures are far from Google's $2.2 trillion market capitalisation.

Cloud infrastructures and Microsoft's investment in OpenAI

However, it must also be borne in mind that behind OpenAI there is a financing company of the calibre of Microsoft, which, moreover, is today the company with the largest capitalisation in the world, 3.2 trillion, and which has invested 13 billion dollars in OpenAI. As Pisa explains in ‘Affari&Finanza’, on the one hand Google uses the digital and proprietary Google Cloud infrastructure, while OpenAI uses the cloud infrastructure provided by Microsoft.

The success of ChatGPT

But how did OpenAI manage to get ahead of Google, opening up the use of ChatGPT to the public as early as November 2022? In this regard, Pisa reports on a remark by the head of Google's artificial intelligence division, Demis Hassabis, who is also managing director of Google DeepMind: Hassabis explains that his company had considered it more prudent to wait, since the first versions of generative AI programmes had and still have certain shortcomings; nevertheless, Hassabis concludes, users judged these software to be sufficiently useful for their purposes.

ChatGPT 5 and Google's AI Overview

Now both OpenAI and Google are preparing to launch new products on the market. OpenAI is preparing to launch ChatGPT 5, while Google is incorporating a function called ‘AI Overview’ in its search engine, which will be able to answer users' search queries by attaching text to the search results as they appear today in the form of a list. Pisa does not hide, concluding the article, that these innovations could radically change the search experience of web users.

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