Chinese city Zhengzhou has announced a plan to boost the metaverse industry by providing a significant 10 billion yuan ($1.42 billion) fund for local companies’ growth and development. Although the People’s Bank of China banned digital assets in September 2021,
Police in China have arrested a man for publishing a fake train accident story written using ChatGPT. It marks the first time that anyone has been arrested for using the AI chatbot, not only in China where ChatGPT is illegal
Chinese regulators have released draft regulations that will compel generative artificial intelligence – the software systems like the one underpinning ChatGPT – to follow the Chinese Communist Party’s (CCP) strict censorship rules, The New York Times reported on Monday. Generative
ChatGPT continues to generate interest world over with China topping the list in search volumes for the chatbot in the last 90 days. Ironically, ChatGPT is not allowed in China although the market still access it through VPN. Latest data
The stock price of Chinese AI company SenseTime has plunged after surging 11% on Tuesday following the announcement of a series of new AI-powered products. Chinese tech giants Alibaba Group Holdings and Japan’s Softbank Group Corp have both invested in
Baidu Inc. has seen significant increase in its stock this year despite growing skepticism about its ChatGPT-like bot – Ernie Bot. The Chinese search engine firm launched its bot last month, much to the disappointment of the market as it
According to a press statement, Chinese tech giant Baidu has scrapped plans to launch its Ernie chatbot publicly, opting instead for a private showcase for select tech firms. The company launched privately to accommodate the 120,000 companies on its waitlist
Hong Kong-listed shares of Baidu rebounded after plunging by 6.36% on Friday, when its ChatGPT rival, Ernie Bot, failed to impress. Chinese search engine giant’s presentation on Thursday last week was criticized by viewers for not having a live demonstration
China is experiencing a booming illicit market for OpenAI’s ChatGPT, as demand soars in that country, shaking its generative AI industry. OpenAI launched ChatGPT in November to immediate success, which has made other tech companies rush to create their own
Meta, the parent company of Facebook, has announced the launch of a new AI-based large-language model focused on research community use. The move puts the company in competition with others racing to develop AI technology. Also Read: Meta Copies Twitter,
Chinese tech company Baidu will launch a chatbot service called Ernie Bot in March, according to founder and CEO Robin Li. The bot will be embedded into Baidu search service first, and then AI Cloud, its Apollo autonomous driving platform,
OpenAI’s ChatGPT is not yet available for Chinese customers, but it has generated a lot of interest among many, with tech firms in that country rushing to create their own version. Alibaba Group, Tencent, Baidu, NetEase, and JD.com are reported
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