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Top related persons:
Baidu's - 1 Robin Li - 1 Ernie Bot - 1 Tingshu Wang - 1 OpenAI's - 1 Esme Pau - 1 Pau - 1 Yuan Hongwei - 1
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Beijing China HONG KONG Alibaba United States Washington Shenzhen
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Baidu - 1 REUTERS - 1 HK - 1 Huawei - 1 Nvidia - 1 China - 1 Macquarie Group - 1 Y - 1

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2 mentions found


☆ China's AI 'war of a hundred models' heads for a shakeout
  + stars: | 2023-09-21 | by ( Josh Ye | ) www.reuters.com   time to read: +5 min
Additionally, companies have also announced dozens of "industry-specific LLMs" that link to their core model. However, investors and analysts say that most were yet to find viable business models, were too similar to each other and were now grappling with surging costs. Several other big name entrepreneurs and tech executives are behind new Chinese AI startups, such as Google China's former chief Kai-Fu Lee and Yan Juejie, a former vice-president of SenseTime (0020.HK). Others said that China's largest tech companies Alibaba, Tencent and Baidu ultimately had the biggest headstart and deep pockets to succeed, given their large user bases and wide range of services. For instance, they could easily offer generative AI services as an additional plug-in to their cloud users.
Persons: Baidu's, Robin Li, Ernie Bot, Tingshu Wang, OpenAI's, Esme Pau, Pau, Yuan Hongwei, Meta, Baichuan, Wang Xiaochuan, China's, Wang, Yuan, Kai, Fu Lee, Yan Juejie, SenseTime, Tony Tung, Tung, Josh Ye, Brenda Goh, Sam Holmes Organizations: Baidu, REUTERS, HK, Huawei, Nvidia, China, Macquarie Group, Y, Baichuan Intelligence, Inc, Sogou, Google, Partners, Thomson Locations: Beijing, China, HONG KONG, Alibaba, United States, Washington, Shenzhen
☆ Baidu stock rebounds after falling sharply in wake of demo of ERNIE chatbot, its ChatGPT-style service
  + stars: | 2023-03-17 | by ( Michelle Toh | ) edition.cnn.com   time to read: +5 min
Hong Kong CNN —Shares in Chinese search giant Baidu rebounded sharply a day after it unveiled ERNIE Bot, its answer to the ChatGPT craze. Its Hong Kong shares fell 6.4% after a public demonstration of its bot failed to impress investors. The reversal came after the company said more than 30,000 businesses had signed up to test out its chatbot service within two hours of its demonstration. Baidu Chairman and CEO Robin Li presenting the company's AI chatbot, ERNIE Bot, in Beijing on March 16. But its stock slumped on Thursday because the demo was “pre-recorded, and not live, which makes investors skeptical about the robustness of the ERNIE Bot,” according to Pau.
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