China's AI Battle Gathers Steam As Baidu Prepares To Integrate ChatGPT-Like Feature To Search Engine

• Baidu, Inc (NASDAQ: BIDU) CEO Robin Li shared plans to launch Ernie 3.5, a generative AI large-language model that will power Baidu's ChatGPT-like app Ernie Bot and upgrade its search engine.

• Li announced at China's Zhongguancun Forum two months after Ernie Bot met with mixed reviews, Reuters reports.

• Ernie Bot and other products powered by the company's generative AI large-language model have remained in trial mode since the public face-off. Baidu invited a select number of companies and users to test the products and provide feedback.

• In April, reports indicated Alibaba Group Holding Limited (NYSE: BABA) owned DingTalk, which is a Salesforce, Inc (NYSE: CRM)

• -owned Slack counterpart amid initiatives to monetize its chatGPT-like AI model features.

• Also, Alibaba's research institute, DAMO Academy, is reportedly working to incorporate the large-scale model into its Tmall Genie, a smart speaker home to intelligent personal assistant AliGenie.

• Price Action: BIDU shares closed lower by 2.37% at $121.81 premarket on the last check Friday.

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