![]() His comments about the solution will likely lead to even more enthusiasm around Microsoft’s stock price prospects while raising new concerns about Google’s previously impenetrable competitive moat. Kevin Roose of The New York Times had a chance to try out the new BingGPT and updated Edge browser at the Microsoft event. OpenAI’s website visits grew 24 times between November 2022 and January 2023. Jefferies analyst Brent Thill maintained a Buy rating and raised the price target from $275.00 to $310.00.”Ĭonsumer interest in OpenAI’s ChatGPT is substantial, as we outlined in our post analyzing OpenAI website traffic data. Mizuho analyst Gregg Moskowitz maintained a Buy rating and raised the price target from $280.00 to $300.00. JP Morgan analyst Mark Murphy maintained an Overweight rating and raised the price target from $265 to $305. “DA Davidson analyst Gil Luria maintained a Buy rating on Microsoft and raised the price target from $280.00 to $325.00. “Microsoft ( MSFT ) shares extended gains Wednesday after the tech giant laid out a bullish case for its new AI investment drive and suggested the revamp of its Bing search engine could offer a significant challenge to Google's dominance in the $500 billion digital advertising market.”īezinga’s Melanie Schafer added some details showing the herd-like movement of financial analysts favorably updating their stock performance outlook for Microsoft. Martin Baccardax from TheStreet reported today. The prospect of breaking up Google’s stranglehold on the nearly $300 billion global search advertising market and broader digital advertising market was noticed by the financial markets. Its 65% browser market share and 92% search market share are tantalizing targets for a number of companies. Google has the most to lose from this interest. Microsoft just got that shot on the back of a single product announcement that you can’t even use yet. The question for new competitors and those trailing in market share is how to break through the status quo and get a shot at winning over a new user. It can be hard to change habits in solutions like search and browsers. Many people just became aware of and exposed to Bing and Edge, some of them for the first time and others for the first time in years. However, Microsoft has already generated a big benefit. Whether users will ultimately adopt these solutions remains unclear. The Bing app will be sufficient for most users. Granted, using the Edge browser will be required to use the new Bing on the desktop at launch but not on iOS. Microsoft’s Edge browser also saw a big rise from 124 the day before the event to 82 the day after. Users were downloading it to move up on the waitlist or to have it on their device, so they get the upgrade as soon as it is available. Keep in mind this iOS app does not yet have the GPT-3 features. Thus, the rush to download the applications.īing’s mobile app when from “unrated” in the iOS app store, which is not in the top 500 in terms of downloads, to 328 the day of the announcement to 10 the day after. Microsoft also said the features would soon come to the Bing mobile app. Use of the new Bing (what we like to call BingGPT) today requires the Edge Browser. Microsoft was encouraging users to move up on the waitlist by downloading its Edge Browser and Bing mobile app. The product enhancements will introduce a new era in conversational search and likely signals the first credible threat to Google’s search dominance in more than 15 years.Īccess to the new Bing and its chat-powered search requires signing up for a waitlist. The company held a private event yesterday to debut its new GPT-3 integration with the Bing search engine and Edge browser. The evidence appeared both in app downloads and the stock price. We chose this because it works and has been updated several times, and new versions of the shortcut are available alongside the old on the author's GitHub page.Microsoft just benefitted from a ChatGPT bounce. Today we'll be using ChatGPT Siri by Yue-Yang. There are many different methods of invoking ChatGPT through Siri using a Shortcut you could even build your own. (However, it's very cheap-much cheaper than even ChatGPT Plus.) ![]() Note that using the OpenAI API is not free-you'll get some sign-on credit to start with, but to keep using it, you'll eventually have to pay up, as we'll explain. This request is sent to OpenAI's servers, processed, and a response is returned to you. You can trigger the ChatGPT shortcut using Siri, after which you can dictate your request. Add the ChatGPT Shortcut to Your iPhoneĬhatGPT Siri integration works using Apple's Shortcuts app and the OpenAI API. Fortunately, you can add ChatGPT to your iPhone and talk to it with your voice, using Siri as a gateway to ChatGPT. Siri can control your iPhone, but it's nowhere near as powerful as ChatGPT.
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