Despite these controversies, Genspark recently closed a $60 million seed round led by Singapore-based VC firm Lanchi Ventures. The startup plans to introduce premium features in the future and aims to license copyrighted content to improve the engine's overall accuracy. However, it faces significant challenges, including technical, legal, and ethical hurdles, as well as competition from other AI-powered search engines.
Key takeaways:
- Genspark is a new AI-powered search engine that uses generative AI to write custom summaries in response to search queries, providing a single-page overview from various web sources.
- The platform uses multiple specialized AI models to tackle specific types of queries, and its results include a basic AI-generated summary and a link to a more detailed Sparkpage.
- Despite some controversial search results and potential issues with plagiarism, Genspark plans to license copyrighted content to improve the engine's accuracy and respect intellectual property.
- Genspark recently closed a $60 million seed round led by Lanchi Ventures, and despite facing significant technical, legal, and ethical challenges, co-founder Eric Jing believes the platform can meet the needs of internet users who want faster, more visual, and trustworthy results.