Baidu Inc. (NASDAQ:BIDU) shares are trading higher in premarket today.
The tech company unveiled an upgraded version of its AI model, Ernie 4.0 Turbo, on Friday as part of its strategy to stay competitive in China's rapidly evolving AI market.
The launch follows the release of Ernie 4 in October 2023, which Baidu claimed was on par with OpenAI's GPT-4 in terms of capabilities, reported Reuters.
The new model will be available to the public through web and mobile app interfaces. Developers can integrate the technology through Baidu's Qianfan AI platform, Wang Haifeng, Baidu's Chief Technology Officer, stated at a corporate event.
Since its launch, Ernie has amassed 300 million users. Baidu also announced enhancements to its PaddlePaddle AI ecosystem, which now supports 14.65 million developers and serves 370,000 businesses and institutions.
OpenAI recently announced it would block access to its API from China and other countries starting July 9.
This decision is likely to impact many Chinese startups that rely on OpenAI's technology. In response, Baidu, Alibaba Group Holding Ltd. (NYSE:BABA), and other domestic AI firms have launched initiatives to attract these users by offering free migration services and incentives.
The upgraded Ernie 4.0 Turbo aims to provide users with a powerful AI tool that can rival international counterparts.
Baidu stock has lost more than 38% in the last 12 months. Investors can gain exposure to the stock via Invesco Golden Dragon China ETF (NASDAQ:PGJ) and Global X Social Media ETF (NASDAQ:SOCL).
Price Action: BIDU shares are trading higher by 0.42% at $87.40 in premarket at last check Friday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
百度股份有限公司(納斯達克:BIDU)股價今天盤前交易上漲。
該科技公司在週五發佈了升級版人工智能模型Ernie 4.0 Turbo,作爲其在中國快速發展的人工智能市場上保持競爭力的策略的一部分。
據路透社報道,這次發佈是在2023年10月發佈Ernie 4之後進行的,百度聲稱其在功能上與OpenAI的GPT-4不相上下。
新模型將通過Web和移動應用程序接口向公衆提供。在企業活動中,百度首席技術官王海峯表示,開發人員可以通過百度的千帆人工智能平台集成技術。
自發布以來,Ernie已積累了3億用戶。百度還宣佈增強了其PaddlePaddle人工智能生態系統,現在支持1465萬開發者和爲37萬企業和機構提供服務。
最近,OpenAI宣佈將從2022年7月9日開始,阻止中國和其他國家的API訪問。
這一決定可能會影響許多依賴OpenAI技術的中國初創企業。作爲回應,百度、阿里巴巴集團控股有限公司(紐交所:BABA)和其他國內人工智能公司推出了吸引這些用戶的倡議,提供免費遷移服務和激勵措施。
升級版的Ernie 4.0 Turbo旨在爲用戶提供一款可以與國際對手相媲美的強大人工智能工具。
百度股票在過去12個月中下跌了逾38%。投資者可通過Invesco Golden Dragon China ETF(納斯達克:PGJ)和Global X Social Media ETF(納斯達克:SOCL)獲得該股的投資機會。
BIDU股票盤前交易上漲0.42%,最近一次報價爲87.40美元。
免責聲明: 此內容部分使用人工智能工具生成,並由Benzinga編輯審查和發佈。