Baidu stock rebounds after falling sharply in wake of ChatGPT-style bot demo

Baidu stock rebounds after falling sharply in wake of ChatGPT-style bot demo

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Shares in Chinese search giant Baidu rebounded sharply a day after it unveiled ERNIE Bot, its answer to the ChatGPT craze. Its stock soared 14.3% on Friday in Hong Kong, making it the biggest winner in the Hang Seng Index (HSI). They also gained 3.8% in New York during US trade Thursday. A day…

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