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    Home » China had to deal with ChatGPT, shares fell 10% as soon as new AI chatbot was introduced
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    China had to deal with ChatGPT, shares fell 10% as soon as new AI chatbot was introduced

    ntexpressBy ntexpressMarch 18, 2023No Comments2 Mins Read
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    ChatGPT Rivals: Seeing the popularity of ChatGPT, other big tech companies like Google and Microsoft are also introducing AI Chatbot, Chinese company Baidu has also joined this episode. Baidu has introduced new AI chatbot Ernie Bot.

    Baidu introduces Ernie Bot AI chatbot.

    Image Credit source: twitter.com/Baidu_Inc

    Chat GPT Alternatives: new around the world AI Chatbot are being presented. China has also jumped into this race of artificial intelligence. Chinese search engine company baidu Recently launched a new AI chatbot Ernie Bott Unveiled. Although, Chat GPT For example, investors were not very happy with the Ernie Bot introduced to compete with the popular chatbot. Because of this, the company’s shares fell by 10 percent. In fact, Dragon’s AI chatbot was unveiled through a pre-recorded video presentation, which investors did not like.

    Ernie Bot is not a perfect chatbot at the moment, but considering the huge demand, Baidu CEO Robin Li has already introduced it. However, instead of showing real time live, pre-recorded video gave a big blow to the company.

    Also read- Double trouble of H1B visa holder Indians, first lost job .. now have to leave America

    Baidu shares fell

    As soon as Baidu CEO Robin Li showcased Ernie Bot, the company’s shares took a dive of 10 percent. At the same time, its stock registered a decline of 6.4 per cent at the close of the market. Introducing the new chatbot, Ernie Bot was asked questions about “The Three-Body Problem”, a Chinese science fiction novel, and was also asked to draw an image according to the questions.

    650 companies will use

    Let us tell you that Ernie Bot stands for Enhanced Representation of Knowledge Integration. The company has been investing in artificial intelligence for the past decade. The first version of Ernie Bot was developed in 2019. At the same time, 650 companies have signed up to use Ernie Bot. It will be used in search, AI cloud, autonomous driving and smart devices.

    Challenging ChatGPT

    American AI research company OpenAI launched ChatGPT in November last year. This is a kind of chatbot that answers users’ questions just like humans. Veteran search engine company Google has introduced Bard AI chatbot. At the same time, China’s Google Baba i.e. Baidu has also joined this race by introducing Ernie Bot.

    Also read- Twitter will get a big update, AI will be used on the platform

    artificial intelligence news baidu Chat GPT Chinese companies tech news in hindi
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