Google, the industry leader in search engines, is developing a new project under the codename “Magi” to compete with Bing from Microsoft and other AI-powered search engines. Over 90% of the search market is presently controlled by Google, and Microsoft wants to earn $2 billion for every 1% of that market share it gains. Due to the integration of ChatGPT and GPT-4, which improves quick requests per user, model efficiency, user experience, and search results, Microsoft’s Bing search has witnessed a 25% increase in monthly page visitors. In order to compete, Google is creating a search engine driven by AI that would offer customers a tailored experience by anticipating their needs. A Question Google’s Project Magi to bring AI tools to search: Will it give the giant an edge? In this article everything you know about the project magi
What is project Magi?
Google’s Project Magi is paving the way for a whole set of new features that are being steered by executives, designers, and engineers Now a days AI is on Trending. All the stakeholders involved in Project Magi are currently working in “sprint mode.” With new features of data science Reportedly, the new search engine that is coming to shape under Google’s new project will give users a far more personalized experience than its existing version. It is believed that nearly 160 people are working full-time on the project.
Google wishes to make search more conversational.
Consider asking someone questions and receiving responses. It’s similar to ChatGPT.Consider how you interact with Alexa, but a smarter version. And one that can learn not only from previous conversations, but also on the fly as you ask questions.
It’s the next natural step in the investigation. We all want answers, and we want answers that are relevant to us.
They are attempting to provide the old-school approach of seeing 10 results per page when searching for an answer.
This will not work for all search queries, but consider it a step forward from prior changes such as Google’s knowledge graph.
The significant difference, though, is how Google will assist in transaction facilitation.
Other Google initiatives. Google is also working on other projects, such as:
- Google Earth’s mapping technology with AI assistance and music discovery via a chatbot discussion.
- GIFI would employ artificial intelligence to generate images for Google Image results.
- Tivoli Tutor would employ open-ended AI text chats to teach users a new language.
- Searchalong allows users to ask a chatbot questions while browsing the web using Google’s Chrome browser.
Google’s New AI-Powered Search Tools
The New York Times reports that Google’s new AI-powered search tools will debut next month, with additional capabilities following in the fall. The new functionalities will initially be accessible only in the US to a maximum of one million customers. While the specific features of the new tools are currently unknown, they are probably going to build on Google’s experimental Bard chatbot’s conversational model. The “Magi”-coded new search capabilities are being created as part of Google’s efforts to fend off competition from cutting-edge systems like Microsoft’s Bing chatbot and OpenAI’s ChatGPT.
Google’s new search engine is being driven by threats from ChatGPT and Bing.
Despite their shortcomings, many think that AI-powered chatbots like ChatGPT and Bing may eventually eclipse conventional search engines like Google. Google is therefore rushing to address the threat posed by these rivals. There was a great deal of internal concern at Google as a result of the impending loss of Samsung, a $3 billion contract. The corporation has reportedly been in a frenzy ever since December, when it first issued a “code red” in response to ChatGPT’s ascent, according to documents obtained by The New York Times. Threats to Google’s long-held search engine hegemony only increased as a result of Microsoft’s collaboration with OpenAI to relaunch Bing in February.
Other AI Developments at Google
Google plans to overhaul its search engine in a more drastic way in addition to creating new search tools as part of Project Magi. The corporation has not yet announced a specific release date for the new search technology, according to The New York Times. Google is also working on a number of other AI technologies in the meanwhile. This includes the Searchalong function, the Tivoli Tutor language learning program, and the AI picture creator GIFI. Similar to Microsoft’s Bing AI sidebar for its Edge browser, Searchalong would incorporate a chatbot to respond to queries about the current web page inside Google’s Chrome browser.
Consequences for the Development of Search Engines
Traditional search engine goliaths like Google are under increasing pressure to stay up as AI-powered search engines become more ubiquitous. In answer to this difficulty, Google created Project Magi, its brand-new search engine. As AI-powered chatbots like ChatGPT and Bing continue to develop, the future of search engines will undoubtedly experience substantial changes in the upcoming years. One of the initiatives by digital behemoths to keep one step ahead of the competition and maintain their position as the dominating player in the search market is Google’s new search engine.
To sum up, Google is creating a new search engine under the codename “Magi” in response to the growing competition from AI-powered search engines like Microsoft’s Bing and OpenAI’s ChatGPT. To stay ahead of the competition, Google is also improving its current search engine and creating various AI tools. We have yet to predict which search engine juggernaut will prevail as competition intensifies. But for now, Google’s new search engine is a positive step toward maintaining its position as the market leader in the field of search.