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  1. AI modelsReach 56

    Baidu claims Ernie 4.0 is on par with GPT-4

    Baidu CEO Robin Li just unveiled Ernie 4.0 at an event in Beijing, boldly claiming the new model is not inferior to OpenAI's GPT-4 in any aspect. The update brings major upgrades to understanding, reasoning, generation, and memory, and will plug directly into Baidu Search and Maps. Markets reacted cautiously, with shares dipping slightly after the demo.

  2. AI modelsReach 58

    Baidu slides after scripted Ernie Bot debut

    Baidu just unveiled its ChatGPT rival Ernie Bot in Beijing, but reliance on pre-recorded video demos instead of a live test triggered an investor selloff. Shares dropped 6.4% in Hong Kong, wiping out $3 billion. Why it matters: China's biggest AI launch stumbled right out of the gate, with CEO Robin Li admitting the tool is not yet ready.