Markets Brief: Good News Isn't So Bad for Stocks Anymore—or Is It?
It all depends on how investors see the Fed responding.
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It all depends on how investors see the Fed responding.
(Bloomberg) -- 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.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bon
Baidu’s bot is catapulting its maker back to stardom
They are called SenseChat and Ernie Bot.
:Four Chinese tech firms, including Baidu Inc and SenseTime Group, on Thursday launched their artificial intelligence (AI) chatbots to the public after receiving government approval, as China's government pushes to widen the use of such products amid competition with the United States.Baidu, China's leading o