Baidu Stock Surges on Plan for ChatGPT-Style Bot
Baidu shares surged Tuesday, after the Chinese search-engine operator said it would roll out a ChatGPT-like robot next month. Nasdaq-listed American depositary receipts in Baidu recently stood more than 13% higher in premarket trading, mirroring a surge in the company's Hong Kong-listed stock. By developing its own artificial-intelligence powered chatbot, the “Ernie bot”, Baidu joins the global race to commercialize AI, competing with other technology giants including Google. The Wall Street Jou