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Microsoft CDR (CAD Hedged)
Symbol MSFT
Shares Issued 19,200,000
Close 2025-05-20 C$ 33.13
Market Cap C$ 636,096,000
Recent Sedar Documents

Globe/NYT say Meta, rivals see Google adds AI to search

2025-05-21 08:02 ET - In the News

See In the News (C-META) Meta CDR (CAD Hedged)

The Globe and Mail reports in its Wednesday, May 21, edition that Alphabet's Google is betting that the future of search will be artificial intelligence. A New York Times dispatch to The Globe reports that Google announced a new feature in its search engine called AI Mode, which works like a chatbot, enabling users to start queries, ask follow-up questions and receive comprehensive answers from its AI system. "It's a complete reimagining of search," said Google chief executive officer Sundar Pichai. He noted that tests showed people significantly changed how they interact with search. The new feature headlined a list of new AI abilities, including more personalized and automated e-mail replies and a shopping tool to automatically purchase clothing after it is put on sale. With AI Mode, Google aims to disrupt its traditional search business ahead of emerging AI competitors. The company has been concerned about this since declaring a "code red" two years ago, following the launch of ChatGPT by Microsoft-backed OpenAI, which spurred a race to integrate generative AI into tech products. The search business generated nearly $200-billion (U.S.) last year, more than half of its total sales.

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