OpenAI To Release AI-Powered Web Browser Soon, Challenging Google Chrome - 1

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OpenAI To Release AI-Powered Web Browser Soon, Challenging Google Chrome

  • Written by Andrea Miliani Former Tech News Expert
  • Fact-Checked by Sarah Frazier Former Content Manager

OpenAI is reportedly developing an AI-powered web browser that could launch within the next few weeks. Sources familiar with the matter told Reuters that the AI company expects to compete with popular web browsers such as Google Chrome.

In a rush? Here are the quick facts:

  • OpenAI is developing an AI-powered web browser that could launch in a few weeks.
  • Anonymous sources told the news agency Reuters that the browser has been designed considering a ChatGPT-like interface.
  • If OpenAI users adopt the new browser, Google could face significant challenges in the advertising market.

According to Reuter’s exclusive report , three people familiar with the project confirmed that OpenAI is preparing to release a new web browser, powered by its proprietary AI technology, that could significantly change the consumer browsing experience.

The new product is also expected to help OpenAI collect more user data—one of the key factors behind Google’s dominance. If OpenAI’s 500 million weekly users adopt the new browser, the company could begin to challenge Google in the advertising market as well.

Chrome allows Alphabet—Google’s parent company—to target ads more efficiently and reinforces Google’s position as the default search engine. The web browser makes up for nearly three quarters of Google’s revenue. As part of a solution to its ongoing antitrust case against Google’s search monopoly, the U.S. government is considering forcing Alphabet to sell the web browser .

OpenAI’s potential as a search engine has already been acknowledged. In June 2024, Microsoft added the AI company to its competitor’s list for its potential threat in searches, news advertising, and AI offerings.

The anonymous sources explained OpenAI’s new browser is being designed considering a ChatGPT-like chat interface. While the product is part of the company’s broader expansion strategy, details on its functionality have not been disclosed. OpenAI declined to comment, and the sources were not authorized to speak publicly.

According to TechCrunch , in 2024, OpenAI had already explored the idea of building a browser in 2024 to compete directly with Chrome. The company has been testing strategies similar to Perplexity’s—seeking ways to collect user data without relying on Google as an intermediary, while also creating innovative user experiences.

OpenAI recently acquired the company io —co-founded by former Apple designer Jony Ive, a close friend of OpenAI CEO Sam Altman— for $6.5 billion, the company’s largest investments to date, to develop new AI devices.

Nvidia Becomes First Company To Reach $4 Trillion Market Cap - 2

Photo by Mariia Shalabaieva on Unsplash

Nvidia Becomes First Company To Reach $4 Trillion Market Cap

  • Written by Andrea Miliani Former Tech News Expert
  • Fact-Checked by Sarah Frazier Former Content Manager

Nvidia became the first company in the world to reach a $4 trillion market valuation on Wednesday. The tech giant briefly hit the milestone after its shares rose 2.8%, to a record high of $164.42 per share, benefiting from AI technology demand.

In a rush? Here are the quick facts:

  • Nvidia becomes the first company in the world to reach a $4 trillion valuation.
  • The chipmaker benefits from the AI-tech demand and its strategic business decisions.
  • The tech giant’s shares briefly rose above $164 on Wednesday.

According to Reuters , Nvidia has solidified its position as one of Wall Street’s favorites, closing the day with a gain of 1.80% and a market value of $3.97 trillion. The company has made major strides in developing the hardware necessary to power advanced AI systems.

The tech giant recently announced it will build the world’s first industrial AI cloud in Germany . It has also been developing specialized graphics processing units (GPUs) for AI companies and creating affordable AI chips for the Chinese market —while remaining compliant with U.S. export restrictions.

Despite a massive share drop in January, when Nvidia lost $600 billion in market value, the company has managed to surge and surpass its $3 trillion record, hit just 13 months ago .

“It highlights the fact that companies are shifting their asset spend in the direction of AI and it’s pretty much the future of technology,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in New York, to Reuters.

Nvidia is now worth more than the Mexican and Canadian stock markets combined, and surpasses the total value of all publicly listed companies in the United Kingdom. The company also surpasses Microsoft and Apple—both of which were the first to hit the $3 trillion mark.

According to CNBC , Nvidia—founded in 1993 and based in California—has successfully navigated current geopolitical tensions between the U.S. and China, and its shares rose over 15% in the last month and 22% since the beginning of the year.

In May, Nvidia said that the restrictions of its H20 for the Chinese market could cost the company around $8 billion in loss. Its CEO, Jensen Huang, said that getting blocked from that market would be a “tremendous loss” for the company’s business.