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EquityPandit

EquityPandit
TECHNOLOGY

OpenAI Launches ChatGPT-Powered Search

OpenAI also reported a sharp rise in developer traffic.

Microsoft-backed OpenAI has announced the launch of ChatGPT-powered internet search for all users, increasing competition with Google.

OpenAI has made its ChatGPT-powered search feature available to all users, moving beyond the previous limitation to paying subscribers.

The feature delivers real-time, summarised answers with links to relevant sources, providing a streamlined alternative to traditional search engines.

OpenAI’s chief product officer, Kevin Weil, confirmed the feature will be available globally on all platforms where ChatGPT is used.

The new interface is similar to Google search results and resembles Perplexity, an AI-powered search engine.

The integration of search into ChatGPT represents a strategic shift for OpenAI, expanding access to millions of users.

Publishers have criticised AI-powered search tools like ChatGPT, fearing they will reduce traffic to original sources.

The rollout raises questions about OpenAI’s relationship with Microsoft, a major investor aiming to grow Bing’s search engine.

OpenAI continues to face scrutiny, especially following the death of former researcher Suchir Balaji and Elon Musk’s recent legal actions.

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TECHNOLOGY

Google to Acquire Cloud Security Firm Wiz for $32 Billion in Record Deal

Dhruva Kulkarni

Google is set to acquire cloud security startup Wiz for $32 billion in an all-cash deal, marking its largest acquisition ever and strengthening its cloud security and AI capabilities.

Wiz’s products will remain available on rival platforms like AWS and Microsoft Azure.

Founded in 2020 under Assaf Rappaport, Wiz rapidly grew to $100 million in annual recurring revenue within 18 months.

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It specialises in cloud security tools for prevention, detection, and response, helping Google compete with Microsoft in the cybersecurity space.

In July, Wiz declined a $23 billion offer from Google, opting for an IPO and targeting $1 billion in annual revenue before later changing course.

The acquisition aligns with Google’s strategy to expand its cloud business and address rising cybersecurity challenges in the AI-driven digital era.

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TECHNOLOGY

Tencent Reports Strongest Growth in a Year, Driven by Hit Games

Dhruva Kulkarni

Tencent recorded its fastest revenue growth in over a year, driven by successful game releases despite economic challenges.

Q4 revenue rose to 172.5 billion yuan ($23.8 billion), surpassing estimates, while net income reached 51.3 billion yuan, beating projections.

The company plans to repurchase at least HK$80 billion in shares in 2025 and raise its annual dividend by 32%.

Hit games like Dungeon & Fighter Mobile and Delta Force boosted growth, offsetting slowdowns in advertising and payments.

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President Xi Jinping’s meeting with tech leaders signals a softer stance on private firms, with AI, EVs, and chipmaking as key priorities.

WeChat remains a core asset, driving revenue through ads, mini-games, and e-commerce, while fintech struggles with stagnation.

Tencent’s market value jumped 30% ($140 billion) this year, benefiting from a Chinese tech rally, though it lags Alibaba’s 70% surge.

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TECHNOLOGY

WhatsApp and Telecom Department Team Up to Fight Online Fraud and Spam

Dhruva Kulkarni

The Department of Telecommunications (DoT) has teamed up with WhatsApp to launch a security campaign as part of Meta’s ‘Stay Safe from Scams’ initiative, aiming to tackle online fraud, spam, and raise awareness about digital threats.

Meta’s Global Policy Chief Joel Kaplan and Telecom Minister Jyotiraditya Scindia discussed efforts to combat online threats through this collaboration.

WhatsApp is using data from the Digital Intelligence Platform (DIP), a real-time intelligence-sharing system with over 550 stakeholders, including banks and law enforcement agencies.

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India has seen a sharp rise in cybercrime, with scams leading to massive financial losses and a growing concern over ‘digital arrests’ via WhatsApp calls.

The partnership seeks to curb such crimes by strengthening digital security measures and detecting telecom resource misuse.

While the DoT and telecom operators have already taken steps against spam and fraud, this initiative adds another layer of protection for users.

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TECHNOLOGY

SpaceX Launches 21 Starlink Satellites from Florida

Dhruva Kulkarni

SpaceX successfully launched 21 Starlink satellites from Cape Canaveral, including 13 with Direct to Cell capabilities to enhance global mobile connectivity.

Originally planned alongside Crew-10, the Starlink 12-21 mission became the primary launch after Crew-10 was scrubbed earlier.

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The first stage booster, B1069, completed its 22nd flight, having previously supported CRS-24 and multiple Starlink missions. It successfully landed on the A Shortfall of Gravitas droneship in the Atlantic Ocean.

This deployment brings the Starlink constellation to over 7,000 satellites, strengthening high-speed internet access worldwide. SpaceX had additional launch windows available in case of delays.

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TECHNOLOGY

Snapchat Launches Sponsored Snaps in India, AJIO Becomes First Partner

Dhruva Kulkarni

Snapchat introduced Sponsored Snaps in India on Wednesday, enabling brands to engage users directly through Chat inboxes.

AJIO is the first brand in India to use this feature to showcase its latest fashion collections.

Sponsored Snaps help brands build awareness, drive engagement, and boost conversions within a single ad placement.

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Snap Inc. sees this as a key step in improving advertising, with Chat inbox being one of Snapchat’s most-used features.

Universal Pictures has already used the feature in the US, and Disney has used it in Canada.

With over 200 million users in India, Snapchat plans future updates, including AI-powered interactions for recommendations and customer support.

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