Baidu Still Waiting For Greenlight For Large Scale Roll-Out Of Ernie Bot For Use In Consumer Facing Apps; China's July Generative AI Rules Are Pro Innovation, Rather Than Pro Regulation
Portfolio Pulse from Benzinga Newsdesk
Baidu is awaiting approval for large scale roll-out of its Ernie Bot for use in consumer-facing apps. This comes in the wake of China's July Generative AI rules, which are seen as pro-innovation rather than pro-regulation.
August 22, 2023 | 12:48 pm
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Baidu's stock may be influenced by the pending approval for the large scale roll-out of its Ernie Bot. The pro-innovation stance of China's July AI rules could potentially benefit the company.
The pending approval for the large scale roll-out of Baidu's Ernie Bot could potentially impact the company's stock. If approved, it could lead to increased usage of Baidu's consumer-facing apps, potentially boosting the company's revenues. Additionally, the pro-innovation stance of China's July AI rules could be beneficial for Baidu, as it may facilitate the company's AI development efforts.
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