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Baidu says its alternative to ChatGPT is coming to the public in March - TL;DR CNBC

Baidu says its alternative to ChatGPT is coming to the public in March

Publishing timestamp: 2023-02-23 20:19:17


Summary

Baidu announced that its artificial intelligence product Ernie bot is set to open to public next month. The company is working on a revolutionary version of Baidu search built upon Ernie bot that incorporates generative AI into its search algorithm as well as content creation. Microsoft-backed ChatGPT has skyrocketed in popularity for its ability to converse in human-like tone, generating everything from content summaries to business proposals. Baidu is the Chinese market leader in search, and integrating it with Ernie bot won't help the company expand its market share. Total revenue for 2022 fell by 1%, but operating margin expanded.


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Keywords: microsoft corptechnologybusiness newsstock marketsmarket insidermarketsbaidu inc

Source: https://www.cnbc.com/2023/02/23/baidu-says-its-alternative-to-chatgpt-is-coming-to-the-public-in-march.html


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