European Google rivals partner on search engine infrastructure to counter Big Tech
Publishing timestamp: 2024-11-12 03:00:24
Summary
Ecosia and Qwant are partnering to build a European search index to reduce their dependence on U.S. Big Tech firms. The joint venture, called European Search Perspective, aims to launch in France in early 2025. The companies will use their search index themselves and make it available to other independent search engines and tech firms. The move comes as alternative search providers are facing higher prices from Microsoft for access to its Bing Search API. The new search index will prioritize privacy and security, and aims to offer a transparent and secure data pool for new AI technologies.
Sentiment: NEUTRAL
Tickers: GOOGL,
Keywords: breaking news: technology, united states, technology, start-up, portugal, internet, business news, alphabet inc,