Business Matters with Don Ma

Google’s Biggest Money Maker Facing New Threat; Stock Market Rallies Despite Mixed Economic Data | Business Matters Full Broadcast (July 26)


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The maker of Artificial Intelligence Chat-Bot ChatGPT announcing its most direct challenge yet to google's search engine. OpenAI is testing SearchGPT. it will combine its AI technology with information from the web to allow people to search for things in the same way they talk to ChatGPT.

57% of Google's revenue in 2023 came from search.

The stock market rallies, despite latest government inflation data showing prices are still rising albeit a little more slowly. Today's PCE report showing prices are up 2.5% year over year. Investors, home-buyers, and regular Americans trying to make ends meet all waiting to see the Federal Reserve's next move on interest rates.

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Business Matters with Don MaBy Epoch Media Group

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