statCounter Sees Microsoft Bing at Lowest Level Since Last Summer
There have been many layoffs at Microsoft lately, even if the corrupted media would rather talk about some meaningless "anniversary" over and over again.
About a week ago articles said that Microsoft had finally admitted reduced demand for LLMs, whereupon there was also an open admission many data centres got cancelled. It was just an epic lie meant to lure in shareholders, based on hype and a bubble.
LLM hype did not help Bing ("Bing Chat" is gone). LLMs did not replace Google. They ruin Google, but won't replace Google.
Looking at statCounter data, the "market share" of Bing has fallen to its lowest level since last summer and SimilarWeb, with all its flaws, shows this:
Notice how Google.com is 50+ times "bigger" than Bing. Notice how Bing is down by more than a quarter in one month.
Since 2023 Bing has repeatedly had layoffs. Microsoft divested and the media barely covered that. Looking at stuff like games (XBox) and Skype, Microsoft must divest a lot (lessening the financial losses); this is a profound existential crisis. █
"Microsoft, the world’s most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers."