Baidu’s $23 Billion Rally May See Boost on ChatGPT Rival Launch

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Baidu’s $23 Billion Rally May See Boost on ChatGPT Rival Launch
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China’s leading internet search provider Baidu Inc. may get a fresh tailwind from the sooner-than-expected launch of its ChatGPT-like Ernie Bot, reigniting a rally that boosted its market valuation by $23 billion from last year’s trough.

may get a fresh tailwind from the sooner-than-expected launch of its ChatGPT-like Ernie Bot, reigniting a rally that boosted its market valuation by $23 billion from last year’s trough.

Baidu made its artificial intelligence service available to the public last Thursday, capping a two-week surge in its US-listed stock after the company’s surprisingly strong quarterly

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