AI startup Genspark raises $100 million to compete with Google, source says – Yahoo Finance
By Anna Tong
(Reuters) – Search startup Genspark has raised $100 million in a series A funding round, valuing the startup at $530 million, according to a source familiar with the matter, as the race to use artificial intelligence to disrupt Google’s stranglehold on the search engine market heats up.
The Palo Alto-based company currently has over 2 million monthly active users, and the round was led by a group of U.S. and Singapore-based investors, the source said.
The company raised a $60 million seed round last June. Its CEO Eric Jing led Baidu’s AI-powered smartphone and smart speaker Xiaodu unit.
Genspark is one of a number of startups attempting to uproot the search engine market dominated by Alphabet’s Google. AI-generated search results can offer a single answer with citations, a potential user experience improvement compared to Google’s link lists.
Google itself is experimenting with AI search results, while OpenAI’s ChatGPT recently integrated internet search capabilities….
The post AI startup Genspark raises $100 million to compete with Google, source says – Yahoo Finance first appeared on One SEO Company News.
source: https://news.oneseocompany.com/2025/02/21/ai-startup-genspark-raises-100-million-to-compete-with-google-source-says-yahoo-finance_2025022160202.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.