China Unveils Metaverse Working Group to Propel Development of Yuanverse
The MIIT emphasized the current lack of consensus among academia, industry, and research sectors regarding the definition of the metaverse.
Chinese AI Startup Zhipu Secures $342M in Funding from Alibaba, Tencent
Zhipu and Baichuan are the two leading startups involved in China’s push for using generative artificial intelligence competing with Google and OpenAI.
Baidu Claims Its Latest Ernie AI Model Is ‘On Par’ with GPT-4
The tech giant also announced that the latest version of ERNIE has been integrated into its suite of services.
Baidu and Qualcomm Join Forces to Shape Metaverse Future
Qualcomm Global Senior Vice President Cheng Lixin expressed optimism about the partnership, emphasizing its potential to accelerate the development of China’s metaverse.
Baidu Unveils AI Applications after Securing Public Approval for Its ChatGPT Rival
Baidu launched its AI applications using Ernie large language model. The AI assistant can search documents, summarize and translate text, and create content.
Baidu’s Ernie AI Chatbot Ranks First on Apple’s App Store in China
By
Darya Rudz
Ernie’s release follows the new regulation in the AI industry introduced by the Chinese government. Notably, Baidu became the first company to get an approval from the authorities.
China Encourages AI Deployment, Approves New Products for Baidu, Others
Chinese authorities have accelerated efforts to support companies that are aiming to develop AI.
Baidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising
The CEO of Baidu disclosed that the company saw accelerated revenue and profit growth in the Q2 of 2023 due to the good performance of the online marketing business and operating leverage.
Baidu Says Ernie 3.5 Outdid ChatGPT and GPT-4 in Key Metrics
The result of the AGIEval and C-Eval tests shows that Ernie 3.5 achieved higher scores than other large models, including ChatGPT, and surpassed GPT-4.
Alibaba Rolls Out Its AI ChatGPT Rival Tongyi Qianwen for Public Testing
By
Tolu Ajiboye
Public testing of Alibaba’s Tongyi Qianwen is now underway in China as the company hopes to finetune the AI and fully release it later.
Baidu Launches $145 Million VC Fund to Back AI Startups
By
Tolu Ajiboye
Chinese multinational tech company Baidu is launching a well-heeled fund to support AI development and growth.
Microsoft CEO Satya Nadella Discusses AI Concerns, Stresses People Remain Integral to Development
By
Tolu Ajiboye
In an interview, Nadella said AI is “scary” but “moving fast in the right direction”. He maintains all parties must unite to make it work.
Ex-Apple Employee Accused of Stealing Trade Secrets for Baidu’s Autonomous Car Project
Federal prosecutors have accused Wang for agreeing to work for a US subsidiary of a Chinese automaker a few months before he left Apple in 2018.
Baidu Stock Jumps 2% after Better-than-Expected Revenue News
Baidu is setting the pace in the AI scene for other tech giants in China.
Baidu to Make Its First Entry into Smartphone Market Next Week
The move appears to signal the intent of Baidu to create a hardware ecosystem that will complement its already prominent internet services.