Baidu Shares Rebound Sharply As Analysts Laud ChatGPT-Like Ernie Bot

Baidu Shares Rebound Sharply As Analysts Laud ChatGPT-Like Ernie Bot

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Shares of billionaire Robin Li’s Baidu, which tumbled 6.4% on Thursday on disappointment over the launch of its ChatGPT-like service, surged almost 14% Friday as some analysts who tried Ernie Bot gave favourable reviews. The source of Thursday’s market reaction was that the highly-anticipated…

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