The two internet search firms agreed a joint venture, called the European Search Perspective or EUSP, with ownership split 50-50 between both firms.
Why build a European search index?
Currently, alternative search engines like Ecosia, Qwant and DuckDuckGo don't develop their own back-end infrastructure.
The new venture will see them build their own search index from scratch, however, amassing results from a mix of different search engines.
Both companies will use the search index themselves but the tech will also be made available to other independent search engines and tech firms.
Persons:
Nikolas Kokovlis, Portugal —, it's, Christian Kroll, DuckDuckGo, Bing, Olivier Abecassis, Abecassis, Kroll, Donald Trump, Ecosia's Kroll, ChatGPT
Organizations:
Nurphoto, Getty, Google, . Big Tech, Microsoft, CNBC, European Union, The, Markets, Big Tech, U.S
Locations:
LISBON, Portugal, France, Berlin, Paris, Qwant, United States, Russia, Europe, Ukraine