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Baidu's revenue rose 10% to 31.14 billion yuan ($4.54 billion) in the quarter to March 31, surpassing analysts' estimates of 29.97 billion yuan, according to Refinitiv data. Revenue from Baidu Core, which includes search-based ad sales, cloud offerings and its autonomous driving initiatives, grew 8% to 23 billion yuan. Baidu reported net income of 5.83 billion yuan, compared to net loss in the year-ago quarter. The company's much-touted rival to ChatGPT, Ernie bot, has yet to be officially launched, despite having been partially unveiled to the public in mid-March. "During our testing of Ernie bot, we have engaged in close discussions with the regulators," Li said.
BEIJING, May 16 (Reuters) - Baidu Inc's (9888.HK) experience in tailoring its search engine to Chinese regulatory requirements makes it confident its AI-driven chatbot won't make mistakes on "important and sensitive topics", the company said on Tuesday. "For important and sensitive topics, we have to make sure artificial intelligence will not hallucinate," Li said, using the industry term for when AI models generate outputs different from what is expected. Li said industry regulation was not final yet, and the company would continue to update its strategy as it evolves. "Baidu has been operating search in China for more than 20 years and has extensive experience with Chinese culture and the regulatory environment," he said. Reporting by Eduardo Baptista in Beijing, Yuvraj Malik in Bengaluru Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
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