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Neeva, as soon as the bold competitor to Google, has determined to close down its client search engine to give attention to AI. The Mountain View-based firm, recognized for its privacy-centric method, revealed this improvement by way of a weblog submit penned by its founders, former Google executives Sridhar Ramaswamy and Vivek Raghunathan. They cited a number of obstacles, together with the battle to draw new customers and the difficult financial state of affairs, as elements resulting in the drastic change throughout the firm.
Neeva acknowledged that their present path was not resulting in long-term viability as a enterprise. Whereas it’s discontinuing client search companies, the corporate is keen to proceed the journey within the enterprise house, specializing in offering efficient, reasonably priced, safe, and accountable utilization of LLMs (giant language fashions).
Neeva acknowledged its endeavor to combine AI into the search engine panorama, revolutionizing how data is accessed. The corporate is proud to be “the primary search engine to offer cited, real-time AI solutions.” The workforce is actively exploring tips on how to apply their experience in search and LLMs inside enterprise settings, promising updates on their future endeavors within the coming weeks.
“This was a really robust choice that took into consideration plenty of issues: our enterprise progress to date, the present funding surroundings and our capability to proceed to develop rapidly on this vastly modified search surroundings. We’re extremely pleased with what we have now completed: constructing a search engine from scratch with a tiny workforce of fifty individuals and releasing the world’s first LLM powered reply engine that produced dependable citations,”
Ramaswamy wrote on Twitter.
The corporate’s future now hinges on leveraging AI expertise, and there are rumors of a potential acquisition by Snowflake, as reported by The Info.
Based on the weblog submit, Neeva has assured its customers who had subscribed to Neeva Premium, the paid subscription service, that they may obtain a reimbursement for the remaining unused interval. As a part of the shutdown course of, the corporate can be deleting all person information, guaranteeing the safety of privateness for its customers.
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