China's AI Battle Gathers Steam As Baidu Prepares To Integrate ChatGPT-Like Feature To Search Engine
Portfolio Pulse from Anusuya Lahiri
Baidu CEO Robin Li announced plans to launch Ernie 3.5, a generative AI large-language model that will power Baidu's ChatGPT-like app Ernie Bot and upgrade its search engine. This comes two months after Ernie Bot received mixed reviews. Alibaba's DAMO Academy is also working to incorporate a large-scale model into its Tmall Genie.
May 26, 2023 | 11:37 am
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Alibaba's DAMO Academy is working to incorporate a large-scale AI model into its Tmall Genie, a smart speaker home to intelligent personal assistant AliGenie.
The integration of a large-scale AI model into Tmall Genie could improve the smart speaker's capabilities and attract more customers, potentially increasing Alibaba's revenue. This development is likely to have a short-term positive impact on BABA's stock price.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Baidu plans to launch Ernie 3.5, an AI model that will power its ChatGPT-like app Ernie Bot and upgrade its search engine.
The launch of Ernie 3.5 will enhance Baidu's search engine and ChatGPT-like app, potentially attracting more users and increasing revenue. This positive development is likely to have a short-term positive impact on BIDU's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100