News Snapshot:
Baidu (NASDAQ:BIDU) shares stumbled more than 2% Monday as the Chinese Internet search giant cancelled an event planned to show off it AI rival technology to OpenAI's ChatGPT. Baidu (BIDU) had planned unveil its Ernie Bot, which would integrate artificial intelligence with its (BIDU) cloud services. However, Baidu (BIDU), just before the Ernie Bot debuts was set to start, the company said it would instead hold a "closed-door communications meeting" for some of the technology's potential corporate users. According to a report in the South China Morning Post, Baidu (BIDU) said it make the change in order to "help clients...
