Baidu shares jumps as it exposes prepare for ChatGPT-style ‘Ernie Bot’

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Baidu shares leaps as it reveals plan for ChatGPT-style 'Ernie Bot'

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Robin Li (or Li Yanhong in Chinese), creator, chairman and CEO of Baidu, presents the brand-new AI-powered digital assistant “Duer” throughout the 2015 Baidu Technology Innovation Conference on September 8, 2015 in Beijing, China.

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Shares of Baidu rose by more than 13% in Hong Kong as the business stated it will introduce its own expert system chatbot.

The stock increased to $15980 Hong Kong dollars per share, or 13.48% greater in Asia’s early morning trade. That’s the stock’s greatest level because mid-Feb 2022.

The business stated in a declaration that its AI chatbot task will likely finish internal screening in March prior to being revealed, which it will be called “Ernie bot” in English or “Wenxin Yiyan” in Chinese.

Baidu’s statement, which verified earlier reports, follows Microsoft- backed ChatGPT has actually risen in appeal. Google just recently revealed a comparable service, Bard A. I.

Ernie means “Enhanced Representation through Knowledge Integration,” Baidu stated, explaining it as a “large language model” that was presented in 2019.

“What distinguishes ERNIE from other language models is its integration of extensive knowledge with massive data, resulting in exceptional understanding and generation capabilities,” Baidu stated.

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“It has since evolved into a series of advanced big models that are capable of handling a wide range of tasks, such as language understanding, language generation, and text-to-image generation,” it stated.

In a discussion previously this year, Chief Technology Officer Haifeng Wang stressed the value of deep knowing as the core of expert system which it’s revealing “increasingly strong potential.”

“If you can utilize these content creation abilities to the greatest extent, then you can complete many important tasks of a film production,” Hua Wu, Chairwoman of Baidu Technology Committee, stated of expert system produced material at the occasion.

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