However, Bing download momentum declined throughout March and April." Bernstein has the equivalent of buy ratings on Google parent Alphabet and Microsoft shares. "Following the launch of the new Bing, Bing's total app download volume has increased by 4x. "At its heights Bing hit #4 on the US iOS App download rank in early February," the Bernstein analysts wrote, citing Apptopia data. Last week, Microsoft CEO Satya Nadella said Bing had crossed 100 million daily active users.īut while Bing has taken share of consumer web searches, it has not won share of search revenue in the nearly three months since Microsoft introduced the new version during a press event on its Redmond, Washington, campus, Bernstein analysts led by Mark Shmulik wrote in a Wednesday note to clients. "We have really good, positive signal from the time we launched," Divya Kumar, global head of marketing for search and AI at Microsoft, told CNBC in an interview. Google, for its part, is working to add generative AI to its search engine, and it has a language model rivaling GPT-4 that developers have begun using. In addition to augmenting Bing with the GPT-4, Microsoft has announced plans to incorporate the AI model into its Microsoft 365 productivity software and bring out a chatbot for security practitioners, among other products. Microsoft provides cloud services for ChatGPT and offers GPT-4 to businesses looking to draw on generative AI. With its appearance in late November, ChatGPT has sparked a wave of interest in generative AI technologies that create text, images and other content in response to human input. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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