Baidu to 'fully integrate' conversational AI chatbot across all of its operations: CEO
Feb. 22, 2023 7:54 AM ET
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By: Chris Ciaccia, SA News Editor
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Coming on back of a strong fourth-quarter that topped Wall Street expectations, Baidu (NASDAQ: BIDU) also said it would "fully integrate" its conversational artificial intelligence chatbot across all of its operations.
In a letter to employees, Baidu ( BIDU) co-founder, chairman and CEO Robin Li said the company's ERNIE Bot, unveiled earlier this month, would be integrated across all of Baidu's ( BIDU) operations, including search and AI Cloud, ushering in "fundamental" changes in the product offerings and markets.
Li added the ERNIE Bot would also be integrated into the Apollo Smart Cabin and Xiaodu’s smart devices and services over time.
"The Chinese AI market is on the verge of experiencing an explosive growth in demand, releasing unprecedented and exponential commercial value," Li wrote in the letter.
Baidu ( BIDU) shares surged more than 6% on back of the strong fourth-quarter results as well as a new $5B share buyback program. |
