Baidu's shares plunge after demo of its ChatGPT-style bot

Prerecorded presentation leaves investors unimpressed

20230316 baidu top

Baidu is keen to commercialize its own version of ChatGPT, dubbed Ernie Bot, to capitalize on the craze for generative AI technology. © Reuters

CISSY ZHOU, Nikkei staff writer

TOKYO -- Chinese search giant Baidu's shares plunged after the company debuted its answer to Microsoft-backed ChatGPT, in a sign investors were less than impressed by the chatbot challenger.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.