News Snapshot:
On Monday, Baidu scrapped a livestream press event of Ernie, the AI chatbot rival to ChatGPT, for a closed-door meeting with potential corporate clients. The Beijing-based search engine company said it changed the format to prioritize the 120,000 companies that had applied to test Ernie, adding this would be the first of many closed-door meetings. Baidu’s shares sank on both the Nasdaq and Hong Kong market. Advertisement Earlier this month, in the public debut of Ernie, Baidu’s CEO Robin Li talked over a scripted version of the interactions with the AI chatbot, raising questions of its ability to match ChatGPT’s....
