Sridhar Ramaswamy
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Neeva, a privacy-focused search company founded by former Google Executive Sridhar Ramaswamy announced Saturday that it will shut down its consumer search engine and will focus on exploring use cases for artificial intelligence.
in a blog post On the company’s website, Ramaswamy and Neeva’s other co-founder, Vivek Raghunathan, wrote that “getting users is really hard.” Shows that the consumer search business is not sustainable.
“This was a very difficult decision that took into account many factors: the progress of our business to date, the current funding environment, and our ability to continue to grow rapidly in this dramatically changing search environment,” Ramaswamy said in a statement. said in a statement. tweet Saturday.
Representatives for Neeva did not immediately respond to a request for comment.
Ramaswamy founded Neeva in 2019 after stepping down as Google’s senior vice president of advertising a year ago.
According to the post, Neeva will explore use cases for generative artificial intelligence and large language models in future searches. Neeva.com and its consumer search products will be shutting down in the coming weeks.
In a blog post, Ramaswamy and Raghunathan said Neeva users who paid for Neeva Premium subscriptions will receive refunds for unused portions, and as part of the shutdown, the company will also delete all user data.
Executives said they will share more information about Neeva’s future in the coming weeks.