ChatGPT Vs. Ernie Bot: Baidu Launches Upgraded AI Chatbot, Showcases Advanced Capabilities
Portfolio Pulse from Khyathi Dalal
Baidu (NASDAQ:BIDU) has launched an upgraded version of its AI chatbot, Ernie Bot 4.0, which is said to outperform Microsoft (NASDAQ:MSFT)-backed ChatGPT in some Chinese-language tasks. The bot, which is not yet accessible to the public, can understand complex questions, generate pictures, and handle basic arithmetic. Baidu plans to integrate Ernie Bot into search, maps, file-sharing, work collaboration, and data analytics. The company also sees Ernie Bot as a core business that will help regain users lost to apps run by ByteDance Ltd. and Tencent.
October 17, 2023 | 8:20 pm
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POSITIVE IMPACT
Baidu's launch of Ernie Bot 4.0 could potentially increase its user base and regain users lost to competitors.
The launch of Ernie Bot 4.0, which outperforms Microsoft's ChatGPT in some tasks, could potentially attract more users to Baidu's services. This could lead to an increase in Baidu's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Microsoft's ChatGPT is outperformed by Baidu's Ernie Bot 4.0 in some Chinese-language tasks.
The news that Baidu's Ernie Bot 4.0 outperforms Microsoft's ChatGPT in some tasks could potentially have a negative impact on Microsoft's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50