On March 16, Baidu unveiled China’s latest rival to OpenAI’s ChatGPT – ERNIE Bot (short for “Enhanced Representation through kNowledge IntEgration”). The “multi-modal” AI-powered chatbot can generate text, images, audio and video from a text prompt. However, ERNIE was poorly received by the public. Baidu’s Hong Kong-listed shares fell by 10% during the press conference, […]
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