China’s Baidu scraps showcase of ChatGPT rival, shares sink


Source: investing.com investing.com

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© Reuters. BIDU +3.55% Add to/Remove from Watchlist 9888 -3.17% Add to/Remove from Watchlist MSFT +1.05% Add to/Remove from Watchlist HK50 -1.79% Add to/Remove from Watchlist BABA +0.44% Add to/Remove from Watchlist 0700 -3.29% Add to/Remove from Watchlist By Ambar Warrick Investing.com -- Chinese internet firm Baidu Inc (NASDAQ: ) on Monday canceled a planned livestream for the launch of its artificial intelligence-driven ChatGPT rival “Ernie bot,” opting instead for closed-door meetings, which saw its Hong Kong shares tumble. The search engine firm said in a statement on Monday that it had opted for closed-door meetings with companies that were...