Opera welcomes the opening of iOS to other browser engines, announces its plans to give iPhone users a true AI-powered alternative to Safari

Rhea-AI Summary

Opera, a leading European browser developer, welcomes Apple's decision to allow alternative browsers to compete for iOS users on better terms following the European Digital Markets Act (DMA). Opera plans to launch Opera One, an AI-centric browser with its own engine, to provide iPhone and iPad users with an innovative browsing experience. The EU DMA is set to enter into force in March 2024, paving the way for Opera's new browser. Opera has been focusing on browser AI since early 2023 and aims to take it a step further in 2024. The company sees the DMA as an opportunity to foster competition and offer users a more diverse selection of browsers on iOS. Opera encourages Apple to implement these changes globally and is excited about the potential to create truly unique products for iOS users.

Market Research Analyst

The announcement by Opera to launch Opera One, an AI-centric browser, in response to Apple's compliance with the European Digital Markets Act (DMA), signals a strategic move that could potentially disrupt the mobile browser market. The DMA's purpose is to ensure fair competition and innovation in digital markets and Opera's decision to introduce a full engine, AI-powered web browser for iOS users is a direct exploitation of this new regulatory environment.

From a market perspective, this move could lead to increased market share for Opera, particularly in the European region where the DMA will be enforced. However, the impact on Opera's stock will largely depend on the adoption rate of the new browser and its ability to differentiate itself from competitors like Safari and Chrome. The introduction of a browser choice screen could also play a significant role in user adoption, as it simplifies the process of switching default browsers for iOS users.

It is important to consider the potential challenges Opera may face, such as the technical complexities of optimizing their AI technology for the iOS platform and the marketing efforts required to persuade users to switch from their existing browsers. Moreover, the long-term success will hinge on the continuous development of AI features that genuinely enhance user experience beyond what is currently offered by competitors.

Technology Analyst

Opera's shift towards an AI-centric approach with Opera One represents a significant technological advancement in the browser industry. AI integration in browsers is still an emerging field and Opera's move could set a precedent for how browsers operate and interact with users on mobile devices. The AI capabilities are expected to offer more personalized content, improved search functionalities and possibly enhanced security features through predictive algorithms.

The technical implications for Opera are substantial, as developing an AI-powered engine that is both efficient and effective on iOS's unique ecosystem requires substantial investment in research and development. This investment, if successful, could position Opera as a pioneer in AI browser technology and potentially attract a tech-savvy demographic looking for a more intelligent browsing experience.

Understanding the underlying AI technology and its real-world application will be crucial for stakeholders. If Opera One delivers on its promise of a superior AI-driven user experience, it could set a new standard for what consumers expect from mobile browsers, thus influencing the direction of browser technology development industry-wide.

Legal Expert

The relevance of the European Digital Markets Act (DMA) in this context cannot be overstated. The DMA aims to prevent large platforms from imposing unfair conditions on consumers and businesses and to ensure open markets where new entrants and smaller competitors can innovate. Opera's announcement is a direct response to the increased regulatory pressure on tech giants to open up their platforms to competition.

Opera's expansion on iOS could serve as a case study for the effectiveness of the DMA in promoting competition. The legal landscape will be closely monitored by other tech companies, as it may set a precedent for how regulatory measures can shape market dynamics. If successful, Opera's move could encourage further regulatory efforts to level the playing field in other sectors of the digital economy.

Additionally, the global implications of the DMA's enforcement are significant. While Opera urges Apple to extend these new freedoms worldwide, the legal ramifications of such a request are complex and may involve negotiations and compliance with various international trade and competition laws.

-  The browser company to ship Opera One, a new AI-centric browser with its own engine, following Apple's DMA announcement

OSLO, Norway , Jan. 26, 2024 /PRNewswire/ -- Opera [NASDAQ: OPRA] welcomes Apple's decision to allow alternative browsers to compete for iOS users on better terms as a result of the requirements of the European Digital Markets Act (DMA).

The opening of the iOS ecosystem is a new opportunity for Opera to innovate further and usher in the innovative AI-centric browser experience iPhone and iPad users truly deserve with a full engine, AI-powered web browser. With the DMA entering into force in March 2024, this new browser will be presented in the months to come.

Since early 2023, Opera has been innovating in the browser AI space. The company introduced the Aria browser AI to all of its key products and completely redesigned its flagship desktop browser that became the AI-centric Opera One. 2024 will be the year to take this a step further.

"As the leading European browser developer, we embrace the changes introduced through the DMA, aimed at fostering competition and offering users a more diverse selection of browsers on iOS. We intend to deliver on this with the AI-centric Opera One for iOS," said Jørgen Arnesen, EVP Mobile at Opera. "Furthermore, we are excited to see the confirmation that Apple will also implement a browser choice screen for iOS, making it easier for users to choose their favorite browser as default also on their mobile devices."

The EU DMA is a European initiative and Opera is excited to see such a key region open up. Beyond that, Opera strongly encourages Apple to implement these augmented freedoms to iOS users around the globe.

Opera currently has an award-winning browser for iOS/ The opening of the iOS ecosystem to alternative browser engines allows for browser makers like Opera to create truly unique products that will improve and enhance users' experience.

"Beyond the new frameworks and APIs for alternative browser engines, we are also very excited about the new interoperability request form Apple announced, that will allow developers to submit additional requests for interoperability with iPhone and iOS hardware and software features," added Arnesen. "We applaud the directional changes and can't wait to showcase the new Opera One for iOS that will put AI in focus."

To back up the new browser development, Opera will soon be making a new announcement regarding a major investment in a key AI infrastructure project in Europe.

About Opera

Opera is a user-centric and innovative software company focused on enabling the best possible internet browsing experience across all devices. Hundreds of millions use Opera web browsers for their unique and secure features on their mobile phones and desktop computers. Founded in 1995 and headquartered in Oslo, Norway, Opera is a public company listed on the Nasdaq stock exchange under the ticker symbol "OPRA". Download the Opera web browsers and access other Opera products from opera.com. Learn more about Opera at investor.opera.com and on X @InvestorOpera.

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SOURCE Opera Limited

What is the name of the new AI-centric browser being launched by Opera?

Opera One

When is the EU DMA set to enter into force?

March 2024

What is the focus of Opera's innovations since early 2023?

Browser AI

Who is the EVP Mobile at Opera?

Jørgen Arnesen

What does Opera see as an opportunity with the DMA?

To foster competition and offer users a more diverse selection of browsers on iOS

What does Opera encourage Apple to do with the changes introduced through the DMA?

To implement these changes globally

What is Opera's stance on the opening of the iOS ecosystem to alternative browser engines?

Opera sees it as an opportunity to create truly unique products for iOS users