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Market
Genspark's market share in AI-powered search by June 30, 2024
3
Resolution / Starting Odds
Less than 5% • 33%
5% to 10% • 33%
More than 10% • 33%
Market analysis reports, TechCrunch, or other reputable tech news sources
Story
Genspark Launches AI-Powered Search Engine with $60M Seed Funding, $260M Valuation
Jun 18, 2024, 04:09 PM
Genspark, a new AI-powered search product based in Palo Alto and Singapore, has launched out of stealth with $60 million in seed funding. The startup, which aims to revolutionize search with generative AI, offers custom summaries in response to search queries. The funding round was led by Lanchi, valuing the company at $260 million post-money. Genspark's innovative approach includes a feature called Sparkpage, providing an overview for queries. The launch was reported by TechCrunch's Kyle Wiggers.
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