October 2, 2023
BEIJING: China’s Baidu rolled out its ChatGPT rival ERNIE Bot to the public on Thursday, in a major leap for the country’s tech sector as it aims to cash in on the artificial intelligence gold rush. The Chinese government introduced fresh regulations this month for AI developers, aiming to allow them to stay in the
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China‘s Baidu rolled out its ChatGPT rival ERNIE Bot to the public on Thursday, in a major leap for the country’s tech sector as it aims to cash in on the global artificial intelligence gold rush. The Chinese government introduced fresh regulations this month for AI developers, aiming to allow them to stay in the
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BEIJING: Chinese internet giant Baidu announced on Tuesday “accelerated” revenue growth in the second quarter (Q2), as the country’s digital sector recovers from a tough crackdown despite a slowing domestic economy. Beijing tightened the reins on its tech titans from 2020, bringing a string of influential firms to heel with new regulations and hefty fines.
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China‘s Baidu Inc beat second-quarter revenue estimates on Tuesday, helped by strength in advertising. The company’s US-listed shares rose 2.4% in premarket trading. Businesses have revived spending on digital advertising after easing of COVID-19 restrictions spurred an economic recovery, benefiting the Chinese search engine giant, which relies on online ads for most of its revenue.
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Worldwide hype around supported by Microsoft Open AIChatGPT has expanded into China, strengthening stocks in artificial intelligence (AI) related firms and prompting many local companies to announce competing projects. Like Microsoft and Google, Chinese tech giants such as Baidu And Alibaba as well as smaller startups have been working on AI projects for years. Chatbots
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Shares in Chinese search engine Baidu fell 10 percent on Thursday after the company unveiled its ChatGPT-like artificial intelligence software, and investors were unimpressed by the bot’s display of linguistic and math skills. The AI-powered ChatGPT, built by San Francisco-based company OpenAI, has made waves with its ability to write essays, poetry, or code on
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Chinese organizations, from state media to the Shaolin Temple, said on Tuesday they have signed partnership agreements with Baidua ChatGPT-style project expected to launch next month. Last week, the Chinese search engine giant announced that it would complete internal testing of its “Ernie Bot” in March. It is a large artificial intelligence (AI) based language
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