Chinese language search big Baidu unveiled its synthetic intelligence chatbot Ernie Bot, presenting its rival to the Microsoft-backed ChatGPT in a pre-recorded video presentation Thursday that appeared to disappoint traders.
Baidu CEO Robin Li stated Ernie Bot was nonetheless not perfected, however the firm went forward with presenting it as a result of excessive demand. Shares plunged 10% after Li confirmed a prerecorded demonstration of the Ernie bot as an alternative of the real-time stay demonstration of its capabilities that many had anticipated. They closed down 6.4%.
In the course of the demonstration, Ernie Bot was requested questions on a Chinese language science-fiction novel, “The Three-Body Problem,” and was requested to make a picture based mostly on prompts.
The Ernie in Ernie Bot stands for “Enhanced Representation of Knowledge Integration.”
“Baidu has for over a decade persisted in investing in artificial intelligence … Ernie Bot is the result of many years of hard work,” stated Li. He stated the primary model of Ernie Bot was developed in 2019.
Li stated 650 firms had signed up to make use of Ernie Bot, which might be carried out in quite a lot of purposes equivalent to searches, AI cloud, autonomous driving and in good gadgets.
The Ernie Bot launch comes months after OpenAI’s ChatGPT was first launched, demonstrating the AI-chatbot’s capability in answering questions and even writing essays. Baidu is amongst a number of Chinese language corporations engaged on related chatbots.
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Baidu CEO Robin Li introduces the capabilities of Ernie Bot throughout an occasion in Beijing, Thursday, March 16, 2023. Chinese language search big Baidu on Thursday unveiled its synthetic intelligence chatbot Ernie Bot, with its CEO saying that there was excessive market demand as Chinese language firms raced to develop an equal of Microsoft-backed ChatGPT. Credit: AP Picture/Ng Han Guan
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Baidu CEO Robin Li introduces the capabilities of Ernie Bot throughout an occasion in Beijing, Thursday, March 16, 2023. Chinese language search big Baidu on Thursday unveiled its synthetic intelligence chatbot Ernie Bot, with its CEO saying that there was excessive market demand as Chinese language firms raced to develop an equal of Microsoft-backed ChatGPT. Character at high reads “Ernie Bot” and beneath reads “Mathematical Logic Calculation” Credit: AP Picture/Ng Han Guan
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Baidu CEO Robin Li introduces the capabilities of Ernie Bot throughout an occasion in Beijing, Thursday, March 16, 2023. Chinese language search big Baidu on Thursday unveiled its synthetic intelligence chatbot Ernie Bot, with its CEO saying that there was excessive market demand as Chinese language firms raced to develop an equal of Microsoft-backed ChatGPT. Character at high reads “Ernie Bot” and beneath reads “Mathematical Logic Calculation” Credit: AP Picture/Ng Han Guan
In February, Baidu first talked about that the inner testing of its Ernie Bot was virtually full. The corporate, recognized in China for its search engine, has shifted its focus lately to synthetic intelligence, together with engaged on autonomous driving know-how and different AI purposes.
In its 2022 fiscal yr, the corporate says it spent 23.3 billion yuan ($3.4 billion) on analysis and growth, equal to a couple of fifth of its income.
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Baidu unveils ChatGPT-rival Ernie Bot; 650 firms enroll (2023, March 16)
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