Baidu leaps to 11-month high as it reveals plan to launch ChatGPT-style 'Ernie Bot'

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Baidu leaps to 11-month high as it reveals plan to launch ChatGPT-style 'Ernie Bot'
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Shares of Baidu jumped more than 13% in Hong Kong as the company said it will launch its own artificial intelligence chatbot.

Robin Li , founder, chairman and CEO of Baidu, introduces the new AI-powered digital assistant "Duer" during the 2015 Baidu Technology Innovation Conference on September 8, 2015 in Beijing, China.surged by more than 13% in Hong Kong as the company said it will launch its own artificial intelligence chatbot.

The company said in a statement that its AI chatbot project will likely complete internal testing in March before being made public, and that it will be named "Ernie bot" in English or "Wenxin Yiyan" in Chinese.

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