Baidu stock surges after announcement of ChatGPT-style AI bot

Feb 7, 2023
Updated • Feb 7, 2023

It looks like everyone’s keen on jumping on the chat-AI bandwagon these days. At least that’s the feeling you get when you check the many companies announcing some form of a chatbot or another, among their products. The latest to join the party is Baidu, which announced that it’ll launch a ChatGPT-style service. This service is called “Wenxin Yiyan” or “ERNIE Bot” in English and will be released in March.

Baidu stock surges after announcement of ChatGPT-style AI bot

ERNIE is the acronym for Enhanced Representation through Knowledge Integration and is based on a language model developed in-house. The Chinese giant is then in a race against Google to release its chatbot first. After this news broke, the Baidu (BIDU) stock jumped 16%. It only proves the expectation chatbots generate for investors and the market in general. But Baidu is just the latest one in a long string of top players becoming AI-aware lately.

Microsoft is one of the main backers behind ChatGPT, initially investing $1 billion in OpenAI. Microsoft’s main interest with ChatGPT seems to be, wait for it, integrating it into their search engine, Microsoft Edge. It’s no coincidence that most of these juggernauts are interested in these chatbots’ search engine integration as a priority.

The fact that Baidu got into the game also proves itself as a strategic move in China, whereas their top competitors are western search engines and companies.

As for ERNIE, it seems to offer similar capabilities as ChatGPT. According to a Baidu spokesperson, it has been used to write poems and essays. However, it’s also capable of generating images from text, a feature ChatGPT currently lacks. This is the third iteration of ERNIE, and the company feels the time has come to release it to a wider audience. However, Baidu still hasn’t commented on how exactly they’ll implement ERNIE on their search engine. It may very well become a separate entity.

Whether the stock move is pure speculation or not remains to be seen. However, nobody can deny these AI tools are very likely the tip of the spear for a whole range of new services. Since these could very well completely change how the Internet works, it’s attracting a lot of attention from everyone.

Even if AI chatbots don’t succeed in creating a paradigm shift, they’ll still be invaluable tools for further research and refining. In this sense, they will never fail. This is why the prospect of investing in these companies is very attractive currently. The technology behind these tools will be applied to other products and services, too.

However, one of the major threats these services face is backslash. There’s a lot of controversy right now regarding where AI stands when it comes to art, and whether these tools should be allowed to replace humans. Other problems AI chatbots have is inaccuracy, and bias. Even though they can be helpful, they can’t be blindly trusted with the information they provide. And if you can’t trust the results you’re looking for, what’s the point?

That said, AI chatbots are poised to stay for a long time, and it might be a good time to invest in them.

Meet ERNIE, the Reason Behind Baidu’s Stock Jumping 16%


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  1. bruh said on August 18, 2023 at 1:25 pm

    Uhh, this has already been possible – I am not sure how but remember my brother telling me about it. I’m not a whatsapp user so not sure of the specifics, but something about sending the image as a file and somehow bypassing the default compression settings that are applied to inbound photos.

    He has also used this to share movies to whatsapp groups, and files 1Gb+.

    Like I said, I never used whatsapp, but I know 100% this isn’t a “brand new feature”, my brother literally showed me him doing it, like… 5 months ago?

  2. 💥 said on August 18, 2023 at 3:55 pm

    Martin, what happened to those: 12 Comments ( Is there a specific justifiable reason why they were deleted?

    Hmm, it looks like the gHacks website database is faulty, and not populating threads with their relevant cosponsoring posts.

  3. 45 RPM said on August 19, 2023 at 6:29 pm

    The page on ghacks this is on represents the best of why it has become so worthless, fill of click-bait junk that it’s about to be deleted from my ‘daily reads’.

    It’s really like “Press Release as re-written by some d*ck for clicks…poorly.” And the subjects are laughable. Can’t wait for “How to search for files on Windows”.

    1. owl said on August 20, 2023 at 12:51 am

      > The page on ghacks this is on represents the best of why it has become so worthless, fill of click-bait junk…

      Sadly, I have to agree.

      Only Martin and Ashwin are worth subscribing to.
      Especially Emre Çitak and Shaun are the worst ones.

      If intended “Clickbait”, it would mark the end of Ghacks Technology News.
      Ghacks doesn’t need crappy clickbaits. Clearly separate articles from newer authors (perhaps AIs and external sales person or external advertising man) as just “Advertisements”!

      We, the subscribers of Ghacks, urge Martin to make a decision.

  4. chessandonions said on August 20, 2023 at 12:40 am

    because nevermore wants to “monetize” on every aspect of human life…

  5. Frank Rizzo said on August 20, 2023 at 11:52 pm

    “Threads” is like the Walmart of Social Media.

  6. Ashray said on August 21, 2023 at 4:06 pm

    How hard can it be to clone a twitter version of that as well? They’re slow.

  7. Paul(us) said on August 21, 2023 at 5:16 pm

    Yes, why not mention how large the HD files can be?
    Why, not mention what version of WhatsApp is needed?
    These omissions make the article feel so bare. If not complete.

    1. Paul(us) said on August 21, 2023 at 5:18 pm

      Sorry posted on the wrong page.

  8. Marc said on August 21, 2023 at 6:00 pm

    such a long article for such a simple matter. Worthless article ! waste of time

  9. plusminus_ said on August 21, 2023 at 7:54 pm

    I already do this by attaching them via the ‘Document’ option.

  10. John G. said on August 21, 2023 at 11:43 pm

    I don’t know what’s going on here at Ghacks but it’s obvious that something is broken, comments are being mixed whatever the article, I am unable to find some of my later posts neither. :S

  11. Tom Hawack said on August 23, 2023 at 2:28 pm

    Quoting the article,
    “As users gain popularity, the value of their tokens may increase, allowing investors to reap rewards.”

    Besides, beyond the thrill and privacy risks or not, the point is to know how you gain popularity, be it on social sites as everywhere in life. Is it by being authentic, by remaining faithful to ourselves or is it to have this particular skill which is to understand what a majority likes, just like politicians, those who’d deny to the maximum extent compatible with their ideological partnership, in order to grab as many of the voters they can?

    I see the very concept of this as unhealthy, propagating what is already an increasing flaw : the quest for fame. I won’t be the only one to count himself out, definitely.

    1. Tom Hawack said on August 23, 2023 at 2:34 pm

      @John G. is right : my comment was posted on [] and it appears there but as well here at []

      This has been lasting for several days. Fix it or at least provide some explanations if you don’t mind.

  12. Tom said on August 24, 2023 at 11:53 am

    > Google Chrome is following in Safari’s footsteps by introducing a new feature that allows users to move the Chrome address bar to the bottom of the screen, enhancing user accessibility and interaction.

    Firefox did this long before Safari.

  13. Mavoy said on September 16, 2023 at 2:17 pm

    Basically they’ll do anything except fair royalties.

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