Baidu Hesitates on Word of AI Cloud
Ernie is the Chinese tech giant’s answer to OpenAI’s ChatGPT, a chatbot powered by artificial intelligence technology that’s able to generate humanlike responses to users’ prompts.
It comes a week after Samsung revealed its latest Galaxy S24 lineup with AI-powered features as the South Korean electronics giant attempts to overtake the likes of Apple’s (NASDAQ:AAPL) newest iPhones with the technology.
The Ernie 4.0 version was launched on October. Baidu claims it is the “most powerful version of Ernie foundation model to date,” with the full capabilities of understanding, generation, reasoning, and memory.
Baidu has also claimed Ernie 4.0's capabilities are as advanced as those of OpenAI’s GPT-4 model.
Baidu said at the end of December that Ernie bot had surpassed 100 million users just four months after the company released its chatbot to the public, as it competes with the likes of Tencent’s Hunyuan and Alibaba’s Tongyi Qianwen in generative AI in China.
Baidu’s stock has had a rough start to the year after media reports said a People’s Liberation Army-affiliated organization that oversees cyberwarfare had tested its AI system on Ernie. Baidu denied the report, saying it has “not engaged in any business collaboration” with the institution.
Baidu shares are down 7.53% year-to-date. They opened Friday lower by 78 cents to $107.83.
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