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Amid Rivalry With US, China Approves Over 40 AI Models For Public Use In Past 6 Months
Monday, January 29, 2024 - 4:41am | 669In the past half-year, China has approved over 40 artificial intelligence (AI) models for public use, following the introduction of an approval process. What Happened: The recent surge in AI approvals is part of China’s strategy to rival U.S. AI development. In the latest wave,...
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Baidu Stock Plummets In Biggest Drop Since 2022 Amid Reports Linking Ernie To PLA AI
Monday, January 15, 2024 - 2:57am | 592In the wake of reports linking its AI platform, Ernie, to Chinese military research, Baidu Inc (NASDAQ:BIDU) has experienced its most severe drop in over a year. What Happened: Baidu’s Hong Kong-listed shares sank by more than 10% on Monday, compounding losses from U.S. trading the previous...
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Baidu's AI Chatbot Ernie Surpasses 100M Users, Giving OpenAI A Run For Its Money
Friday, December 29, 2023 - 7:57am | 569Chinese technology company Baidu Inc. (NASDAQ:BIDU) recently revealed that its artificial intelligence (AI) chatbot, Ernie, has exceeded 100 million users. What Happened: As CNBC reported, Baidu’s Ernie bot, a comparable product to OpenAI’s ChatGPT, topped the 100 million user mark on...
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Big Techs Race To Capitalize On AI, Says Munster: How Apple, Microsoft, Google Would Monetize The Technology
Monday, March 20, 2023 - 1:50am | 685The past week saw some milestone events on the artificial intelligence front, with OpenAI unveiling the latest iteration of its GPT large language model and Baidu Inc. (NASDAQ: BIDU) announcing its Ernie chatbot. What Happened: Reviewing the development, Deepwater Asset Management’s...