Yammer was initially created out of San Francisco back in 2008, with co-founder David Sacks formally launching the startup at a TechCrunch startup event. The company went on to raise north of $140 million in funding before Microsoft swooped in with its billion-dollar bid four years after its launch.
This week’s news about Microsoft’s plan to add ChatGPT-like capabilities to its search engine Bing has sent its companion mobile app into the App Store’s Top Charts as of Wednesday. On the U.S. App Store, the Bing app has surged to the No. 12 spot among all free iPhone apps, while Microsoft’s Edge browser is now the No. 3 Utility app. Globally, the Bing app has seen a 10x increase in new downloads, according to preliminary estimates from app intelligence firm data.ai.
“It’s a new day for search,” Microsoft CEO Satya Nadella said today. For 13 years now, Microsoft has tried to get you to use Bing, but you didn’t want to, so its global market share remains in the low single digits. Now, the company is pulling out all the stops in an effort to better compete with Google. Today, at a press event in Redmond, Washington, Microsoft announced its long-rumored integration of OpenAI’s GPT-4 model into Bing, providing a ChatGPT-like experience within the search engine.
Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI.
The deal marks the third phase of the partnership between the two companies, following Microsoft’s previous investments in 2019 and 2021. Microsoft said the renewed partnership will accelerate breakthroughs in AI and help both companies commercialize advanced technologies in the future.
Microsoft has been reportedly experimenting with building OpenAI’s language AI technology into its Word, PowerPoint, and Outlook apps. The Information reports that Microsoft has already incorporated an unknown version of OpenAI’s text-generating GPT model into Word in its autocomplete feature, and has been working on integrating it further into Word, PowerPoint, and Outlook.
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