Meta is reportedly developing its own AI-powered search engine, aiming to reduce its dependence on Google and Microsoft. The new search engine would provide AI-generated summaries of current events within the Meta AI chatbot, which currently relies on these two companies for news and event information. This move comes as OpenAI has confirmed work on its own AI search engine, SearchGPT, while Perplexity's AI search engine faces lawsuits from News Corp.

Source: https://www.theverge.com/2024/10/28/24282017/meta-ai-powered-search-engine-report