Page 56 - Baidu News Today

Plus: China wants AI chat bots to learn "socialist values"

Chinas economic reopening after destructive Covid-19 lockdowns last year could boost tech, consumer services, and property stocks.

At least four fake “Ernie” bot apps allegedly found in Apple’s App Store | Chat bot touted as ‘China’s ChatGPT’ | Search engine giant Baidu controls 75% share of the China market.

Apples app store has many fake Ernie bot apps developed by small-time iOS developers. As a result, Chinese tech giant Baidu is suing these developers as well as Apple for allowing these fake apps on the Apple App Store.

Chinas top internet regulator released draft rules for regulating AI. Companies will be responsible for the content their systems produce.

Baidu (NASDAQ:BIDU – Get Rating)‘s stock had its “buy” rating reiterated by investment analysts at Mizuho in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $190.00 price target on the information services provider’s stock. Mizuho’s target price would suggest a potential upside of 37.58% from the company’s current price. […]

The fresh regulations come as a flurry of Chinese companies rush to develop artificial intelligence services that can mimic human speech since San Francisco-based OpenAI launched ChatGPT in November, sparking a gold rush in the market.

Chinese AI bots looking to rival OpenAI's ChatGPT will need to study up on "socialist values"

The launch arrives during a moment of mounting technological tension between the US and China as experts and governments struggle to come to grips with the rapidly growing power of AI.

Chinas top internet regulator released draft rules for regulating AI. Companies will be responsible for the content their systems produce.