Baidu and ByteDance Unveil AI Chatbots, Setting Stage for Rivalry with Microsoft, Google
Portfolio Pulse from Anusuya Lahiri
Baidu, Inc and ByteDance Ltd have unveiled their AI chatbots, following approval from Beijing regulators. This move is seen as a counter to Microsoft Corp's OpenAI. While China is making strides in AI chatbot technology, it still lags behind Microsoft and Alphabet Inc's Google. Alibaba Group Holding Limited also recently launched a new AI model.
August 31, 2023 | 1:06 pm
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NEGATIVE IMPACT
Google could face increased competition in the AI chatbot market following the launch of Baidu and ByteDance's AI chatbots.
The launch of Baidu and ByteDance's AI chatbots could potentially increase competition for Google, particularly in the Chinese market.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 75
NEGATIVE IMPACT
Microsoft's OpenAI could face increased competition from Baidu and ByteDance's new AI chatbots.
The launch of Baidu and ByteDance's AI chatbots could potentially increase competition for Microsoft's OpenAI, particularly in the Chinese market.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 75
POSITIVE IMPACT
Alibaba's recent launch of a new AI model could potentially increase its competitiveness in the AI market.
The launch of Alibaba's new AI model could potentially increase its competitiveness in the AI market, particularly against rivals such as Microsoft and Google.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 75
POSITIVE IMPACT
Baidu's unveiling of its AI chatbot could potentially increase its competitiveness in the AI market.
The launch of Baidu's AI chatbot, following regulatory approval, could potentially increase its competitiveness in the AI market, particularly against rivals such as Microsoft and Google.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100