Genspark expands AI search efforts with fresh $100 million investment

AI search startup Genspark has secured $100 million in a Series A funding round, raising its valuation to $530 million as it aims to disrupt Google’s dominance in the search engine market.

Backed by United States and Singapore-based investors, the Palo Alto-based firm now boasts over two million monthly active users. The funding follows a $60 million seed round last June, continuing Genspark’s rapid growth.

Led by CEO Eric Jing, formerly head of Baidu’s AI-powered Xiaodu unit, Genspark is positioning itself as a major contender in the AI-driven search space. Its platform uses multiple AI models working together to conduct detailed online research, aiming to provide users with streamlined, citation-backed answers—an approach that contrasts Google’s traditional list of links.

The competition in AI search has intensified, with rivals like OpenAI’s ChatGPT integrating real-time search capabilities and Perplexity reaching a $9 billion valuation.

Google is also testing AI-enhanced search results, highlighting the growing pressure to innovate in the industry. Genspark’s latest funding positions it to expand its technology and user base as the battle for AI-powered search heats up.

For more information on these topics, visit diplomacy.edu.