Miguel Cordon · · 1 min readBaidu cancels public press event for generative AI service
Photo credit: Koshiro K / Shutterstock
Baidu has scrapped a public press event for Baidu Intelligent Cloud, which would have revealed a service related to its ChatGPT competitor Ernie.
In an official post on Weixin (Chinese version of WeChat), the company said it will instead hold closed-door meetings with potential enterprise customers. It added that so far, it has received 120,000 applications for testing the new service.
The first batch of customers are scheduled to test the tech with Baidu today, with more meetings coming after.
As of the time of writing, the firm’s Hong Kong-listed shares are down 3.17%.
Baidu is one of the biggest competitors to ChatGPT from China and is currently leading the scene in its home country. Other Chinese firms looking to launch their own generative AI service include Tencent, Alibaba, NetEase, and ByteDance.
See also: The diverse world of generative AI
Ernie’s first outing initially left consumers wanting more as the company only showed off a scripted video. However, as it was opened up to testers, Baidu saw a 15.7% rebound for its Hong Kong shares.
Editing by Lorenzo Kyle Subido
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