Chinese language search large Baidu has unveiled its synthetic intelligence chatbot Ernie Bot, presenting its rival to the Microsoft-backed ChatGPT in a pre-recorded video presentation that appeared to disappoint traders
ByZEN SOO Related Press
HONG KONG — Chinese language search large Baidu unveiled its artificial 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 mentioned Ernie Bot was nonetheless not perfected, however the firm went forward with presenting it because of excessive demand. Shares plunged 10% after Li confirmed a prerecorded demonstration of the Ernie bot as a substitute of the real-time reside demonstration of its capabilities that many had anticipated. They closed down 6.4%.
Throughout the demonstration, Ernie Bot was requested questions on a Chinese language science-fiction novel, “The Three-Physique Drawback,” and was requested to make a picture based mostly on prompts.
The Ernie in Ernie Bot stands for “Enhanced Illustration of Information Integration.”
“Baidu has for over a decade persevered in investing in synthetic intelligence … Ernie Bot is the results of a few years of arduous work,” mentioned Li. He mentioned the primary model of Ernie Bot was developed in 2019.
Li mentioned 650 corporations had signed up to make use of Ernie Bot, which will be carried out in quite a lot of functions comparable to searches, AI cloud, autonomous driving and in good units.
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 companies engaged on comparable chatbots.
In February, Baidu first talked about that the interior testing of its Ernie Bot was nearly full. The corporate, recognized in China for its search engine, has shifted its focus in recent times to synthetic intelligence, together with engaged on autonomous driving know-how and different AI functions.
In its 2022 fiscal yr, the corporate says it spent 23.3 billion yuan ($3.4 billion) on analysis and improvement, equal to a couple of fifth of its income.