Metaverse
Baidu’s Ernie Bot joins China’s AI race, now available for public: Report – Crypto News
On Thursday, Baidu, the Chinese search engine and AI company, released its own version of the ChatGPT-like language model to the general public, reported This move led to a stock price increase of more than three per cent for the company after the announcement.
According to a report by AP, Beijing thinks artificial intelligence as a crucial sector for competing with the United States and has set a goal to establish itself as a worldwide frontrunner by 2030. Chinese tech companies have also been in a hurry to introduce their generative AI models — utilizing algorithms to enable the technology to generate and formulate novel content — following the successful launch of ChatGPT by the American firm OpenAI.
On Thursday, Baidu announced that Ernie Bot would be made accessible to the general public through an app or an official website, as per the report from AP.
By making the model available to the public, Baidu aims to gather extensive real-world human feedback, as stated by Baidu CEO Robin Li. This feedback, in turn, will contribute to the enhancement of Ernie and Baidu’s foundational models.
Reportedly, similar to Europe, China has taken steps in recent months to oversee the generative AI sector. On August 15, China implemented AI regulations that mandate companies to undergo security assessments and obtain approvals before publicly releasing their products.
Additionally, Beijing has stipulated that companies offering generative AI services must adhere to government requests concerning technology and data.
Currently, the United States lacks regulatory measures in this regard. Baidu CEO Li expressed optimism during the company’s earnings call in early August, characterizing the AI regulations as being more in favor of fostering innovation rather than strict regulation.
On the same day, two additional Chinese AI companies, Baichuan and Zhipu AI, introduced their own AI language models.
Previously, Baidu’s CEO Robin Li announced in May that the company was gearing up for the imminent release of Ernie 3.5. This advanced generative AI language model will play a crucial role in empowering Baidu’s Ernie Bot app, akin to ChatGPT, and enhancing the capabilities of its search engine.
Download The Mint News App to get Daily Market Updates.
Updated: 31 Aug 2023, 12:54 PM IST
-
De-fi1 week agoBitcoin Slips Under $60,000 as Tech Rout, Hawkish Fed Hit Crypto – Crypto News
-
Technology1 week ago
Cathie Wood’s ARK Invest Buys The Dip In Coinbase, Robinhood, Circle Stocks – Crypto News
-
Business1 week ago
Cathie Wood’s ARK Invest Buys The Dip In Coinbase, Robinhood, Circle Stocks – Crypto News
-
Technology1 week ago
Cathie Wood’s ARK Invest Buys The Dip In Coinbase, Robinhood, Circle Stocks – Crypto News
-
Technology1 week ago
Cathie Wood’s ARK Invest Buys The Dip In Coinbase, Robinhood, Circle Stocks – Crypto News
-
Metaverse1 week agoCan AI replace lawyers? An ₹8.8 lakh defeat for humans suggests it’s already happening – Crypto News
-
De-fi1 week agoPolymarket Confirms $3 Million Loss From Third-Party Front-End Supply-Chain Breach – Crypto News
-
Blockchain1 week agoEU Lawmakers Back Review of DeFi, Staking and NFT Regulation – Crypto News
-
Business1 week ago
Solana Price Prediction as Open Interest Soars: Will Bulls Reclaim $80k Soon? – Crypto News
-
Business6 days ago
Crypto Market Analysis: Why Bitcoin, Stocks, and Gold Could Face Heavy Volatility on Monday – Crypto News
-
De-fi1 week agoEthlabs Will Overlap with the Ethereum Foundation and Draw Its ‘Densest Talent,’ Funders Say – Crypto News
-
others1 week ago
Why are the Crypto Market and Stock Prices Crashing? – Crypto News
-
Blockchain1 week agoBitcoin Rebounds Off Yearly Lows But US Stocks Flash Warning Sign – Crypto News
-
others1 week ago
Breaking: Ripple Promotes CLARITY Act With Latest “On The Road” Campaign – Crypto News
-
Business1 week ago
UBS, $165B Banking Giant, Tests Ethereum Infra With Nethermind – Crypto News
-
De-fi1 week agoAave’s Kulechov Disputes Report, Says Firm Won’t Sell AAVE at ‘70%’ Discount – Crypto News
-
others1 week ago
Morgan Stanley Predicts Fed To Hold Rates This Year Despite Rate Hike Bets – Crypto News
-
De-fi1 week agoRipple Launches RLUSD in Japan via SBI as Circle and Nomura Join Stablecoin Race – Crypto News
-
De-fi1 week agoPolymarket Confirms $3 Million Loss From Third-Party Front-End Supply-Chain Breach – Crypto News
-
Cryptocurrency1 week agoBinance will be cut off from Europe on July 1 – Crypto News
-
others1 week agoWells Fargo Employee Drains $655,000 From Bank’s Vaults and ATMs, Manipulates Monthly Audits To Cover Tracks: DOJ – Crypto News
-
Blockchain1 week agoEU Lawmakers Back Review of DeFi, Staking and NFT Regulation – Crypto News
-
Blockchain1 week agoCoinbase, Circle Deepen Crypto Stock Losses Despite Resilient S&P 500 – Crypto News
-
Technology5 days agoWill iPhone 17 Pro Max cost nearly ₹2 lakh in India? Leak suggests so – Crypto News
-
Blockchain1 week agoDOJ Seizes Huione Cloud Backbone In Crypto Scam Money-Laundering Crackdown – Crypto News
-
Blockchain1 week agoStory Rebrands to DATA Foundation In AI Pivot – Crypto News
-
others1 week ago
Strategy Director Sells More Stake As MSTR Stock Price Hits Record Low At $85 – Crypto News
-
Business1 week ago
How Japan’s Public Companies Are Quietly Becoming Digital Asset Treasury Giants – Crypto News
-
others1 week ago
Breaking: Ripple Promotes CLARITY Act With Latest “On The Road” Campaign – Crypto News
-
Cryptocurrency1 week agoUS crypto perps are live but Bitcoin may be the only market many traders can actually use – Crypto News
-
others1 week ago
Galaxy Digital Lowers CLARITY Act Approval Odds To 50% As Senate Timeline Tightens – Crypto News
-
others1 week agoToss Brings 30 Million Users Into the AI Data Economy in Partnership With Poseidon – Crypto News
-
Business1 week ago
XRP Price Outlook as Ripple CEO Backs Bitcoin Rally – Crypto News
-
Business5 days ago
SpaceX Stock in Focus as Citadel Securities Flags Major AI Risk – Crypto News
-
others1 week agoPennsylvania Man Faces Up To 60 Years in Prison After Using Mortgage Firm To Commit Bank Fraud – Crypto News
-
others1 week agoPennsylvania Man Faces Up To 60 Years in Prison After Using Mortgage Firm To Commit Bank Fraud – Crypto News
-
others1 week ago
SpaceX Stock Faces Pressure as Short Seller Targets SPCX – Crypto News
-
De-fi1 week agoMagic Internet Money Falls 50% Below Peg as Abracadabra Declares Emergency – Crypto News
-
others1 week agoSolstice and Tensorx to Buy $1 Billion in AI Infrastructure to Support EU Sovereign AI Demand – Crypto News
-
Cryptocurrency1 week agoStablecoins are becoming a central bank problem hiding in T-bill markets – Crypto News
-
Cryptocurrency1 week agoOutdated bank rules may keep crypto outside the banks now allowed to hold it – Crypto News
-
others1 week agoToss Brings 30 Million Users Into the AI Data Economy in Partnership With Poseidon – Crypto News
-
Blockchain1 week agoTether Briefly Overtakes Ethereum As Stablecoin Market Cap Tops ETH During Sell-Off – Crypto News
-
Cryptocurrency1 week agoMichael Saylor’s Bitcoin machine hits $8 billion cash wall as STRC crashes 25% below par – Crypto News
-
others1 week ago
Polymarket Faces Broad CFTC Probe Amid Fake Bets Allegations – Crypto News
-
Cryptocurrency1 week agoEthereum’s oldest wallets are selling into the $1,500 demand line buyers cannot dodge – Crypto News
-
Cryptocurrency7 days agoBitcoin’s broken production cost floor is splitting miners into survivors and sellers – Crypto News
-
De-fi6 days agoTokenized Asset Value Stalls Even as Stock Token Holders Surge – Crypto News
-
others6 days ago
XRP ETFs vs Bitcoin & Ethereum ETFs: Who’s Winning the Race? – Crypto News
-
Cryptocurrency6 days agoXRP investors capitulate at fastest pace since the 2022 crypto crash amid slide to $1 – Crypto News
