China’s Baidu said it is seeking regulatory approval to fully launch its AI chatbot Ernie, as the search engine giant posted first quarter revenue and profit estimates that beat market expectations
CEO says ChatGPT-like chatbot awaiting govt approvalbeat first-quarter revenue and profit estimates on Tuesday as businesses spent more on advertising amid China's post-COVID reopening, and said it was awaiting regulatory approval to launch its ChatGPT-like Ernie bot.
Baidu CEO Robin Li said on Tuesday that after the Lunar New Year in late January, there was a quick economic recovery that especially benefited the company's advertisers in offline sectors such as travel and healthcare. Revenue from Baidu Core, which includes search-based advertising sales, cloud offerings and its autonomous driving initiatives, grew 8% to 23 billion yuan.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's Baidu beats quarterly revenue estimates on China re-openingSearch engine giant Baidu Inc beat first-quarter revenue estimates on Tuesday as businesses spent more on advertising amid China's economy recovery, after the country dropped most of its strict COVID curbs late last year.
Read more »
Baidu tops estimates as it swings to a profitChinese search engine operator Baidu said it swung to a profit of 5.83 billion yuan while revenue rose 10% to 28.41 billion yuan. In dollar terms, its...
Read more »
DeepMind cofounder: Old-school Google Search will be gone in a decadeDeepMind cofounder says Google should be 'pretty worried' because old school search engines will be gone in a decade. 'That moment is done.'
Read more »
Police identify teen fatally shot on SEPTA platform in West Philly; search for suspect continuesPhiladelphia police have identified the teen who was shot and killed on a SEPTA platform on Saturday afternoon in West Philadelphia.
Read more »
Lost presumed dead: The search for the most wanted birds in the worldThe Search for Lost Birds project has already tracked down two species on its top 10 list. But is this focus on a handful of potentially extinct birds really good for conservation?
Read more »
U.S. Marshals search for fugitive accused of trying to run over Cleveland police officerAnthony Figueroa's last known address is on Cleveland’s West Side; however, he also has ties in the Lorain County area, said the U.S. Marshals.
Read more »