China’s Baidu scraps public launch for ChatGPT-like product
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Baidu's chief executive Robin Li giving a presentation on Ernie bot during a news conference on March 16, 2023.
PHOTO: REUTERS
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BEIJING – Chinese search engine giant Baidu on Monday cancelled a planned live-streamed product launch related to its ChatGPT-like “Ernie bot”
The webcast, scheduled for Monday afternoon, was switched to a closed-door meeting with the first batch of companies that are testing the product, Baidu said in a statement on Monday morning.
The change in format was to satisfy the “strong demand” from 120,000 companies that had applied to test the bot, the company said, adding that this would be the first of many closed-door meetings.
Baidu’s Hong Kong-listed shares fell as much as 4.5 per cent on Monday morning on initial reports of the cancellation.
Ernie bot, China’s closest answer so far to the US-developed ChatGPT
The company’s share price dropped while the presentation was being live-streamed, but rebounded the following day, owing in part to strong demand from the Chinese corporate sector for generative artificial intelligence, the technology powering products like Ernie bot and ChatGPT. REUTERS

