China’s Baidu postpones public launch of ChatGPT-like product, shares dip

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China’s Baidu postpones public launch of ChatGPT-like product, shares dip
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Ernie is an acronym that stands for 'Enhanced Representation through Knowledge Integration.'

Following the much-awaited announcement of the Ernie bot, China's Baidu has scrapped the product's public launch, at least for now. Ernie is an acronym that stands for "Enhanced Representation through Knowledge Integration."Baidu canceled a planned live-streamed product launch, which was scheduled for Monday, March 27. Initially, it was advertised that the webcast event was open to the media as well as the public.

Ernie-bot is said to be one of the top competitors of ChatGPT, which has already taken the world by storm. China's artificial intelligence-powered bot is developed to execute a wide range of tasks, including math problem-solving, poem writing, and creating images and videos.It will be interesting to see what the Ernie bot has in store for the world in the days to come.

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