Baidu’s ChatGPT-Style Ernie Bot AI Begins to Earn as Sales Beat Estimates
Baidu, China’s top internet search leader, is seeing promising results from its ChatGPT-style Ernie bots. Despite a challenging economic situation, Baidu reported a 6% rise in revenue to 34.4 billion yuan ($4.8 billion) in the third quarter of 2023. The company estimates that its AI model, Ernie, will contribute hundreds of millions of yuan in […]