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Tag Archives: ernie bot

Baidu’s Ernie AI Chatbot Ranks First on Apple’s App Store in China

Ernie’s release follows the new regulation in the AI industry introduced by the Chinese government. Notably, Baidu became the first company to get an approval from the authorities.  On March 16, Chinese internet search services giant Baidu Inc (HKG: 9888) revealed its Chinese-language ChatGPT alternative – Ernie chatbot. At that time, the chatbot was not fully ready, therefore, it was available to a limited number of users, mostly business partners and those who were the first on the...

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Baidu Launches $145 Million VC Fund to Back AI Startups

Chinese multinational tech company Baidu is launching a well-heeled fund to support AI development and growth.  Baidu (NASDAQ: BIDU) appears set to launch a 1-billion yuan ($145 million) venture capital artificial intelligence (AI) fund to support AI startups. Today, the Chinese tech giant announced its AI fund intentions alongside other related initiatives. In addition to supporting platforms focused on artificial intelligence-generated content, Baidu also plans to launch a contest...

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Baidu Stock Jumps 2% after Better-than-Expected Revenue News

Baidu is setting the pace in the AI scene for other tech giants in China. Chinese internet giant Baidu Inc (HKG: 9888) has seen a major uptick in its share price today following the release of better-than-expected revenue. Baidu impressed its investors as one of the top tech giants that saw a major uptick in profitability following the reopening of the Chinese economy after year-long Covid-19 restrictions. According to the data shared by the company, it said it recorded a 31.1 billion yuan...

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Baidu to Make Its First Entry into Smartphone Market Next Week

The move appears to signal the intent of Baidu to create a hardware ecosystem that will complement its already prominent internet services. Beijing-based internet company Baidu might be only a week away from launching the brand’s first-ever smartphone. According to a Bloomberg report, the smartphone represents another addition to Baidu’s growing portfolio of smart gadgets. However, the move appears to signal the intent of Baidu to create a hardware ecosystem that will complement its...

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