Baidu reveals expectations-beating earnings and touts its new ChatGPT-like AI models, amid leadership chaos at U.S. competitor OpenAI - Fortune

Baidu reveals expectations-beating earnings and touts its new ChatGPT-like AI models, amid leadership chaos at U.S. competitor OpenAI  Fortune

Baidu reveals expectations-beating earnings and touts its new ChatGPT-like AI models, amid leadership chaos at U.S. competitor OpenAI - Fortune
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Baidu shares jumped almost 4.5% during Wednesday trading in Hong Kong following expectations-beating revenue from the Chinese tech giant. Baidu is trying to solidify an early lead in the race to win China’s AI market, starting with the launch of its ChatGPT-like ERNIE Bot earlier this year.

Baidu generated revenue of $4.7 billion for the three months ending Sept. 30, a 6% year-on-year increase. The company also earned $916 million in net income, compared to a $20.6 million loss for the same quarter last year.



Confira a matéria na íntegra em: https://fortune.com/2023/11/22/baidu-earnings-shares-ernie-bot-revenue-ai-china-openai-chatgpt/




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