What Happened? Baidu, the Chinese search engine giant, called off a previously announced public live-streamed product launch of its Ernie Bot, similar to chatGPT, reported Reuters.
The webcast, scheduled for Monday afternoon, was switched to a private closed-door meeting with the initial batch of companies testing the product.
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The report noted that several others would follow this initial private meeting in the future, as the format was modified to cater to the strong demand of 120 K companies that had applied to test Ernie Bot.
Why It's Important: Baidu's CEO Robin Li unveiled Ernie Bot on March 16. The company's AI-powered service is similar to OpenAI's chatGPT.
Baidu, also known as China's Alphabet Inc., GOOG GOOGL Google, is not the only company trying to introduce technology on a par with OpenAI's AI-powered chatbot.
Microsoft Corporation MSFT launched a new version of its search engine, Bing, by incorporating chatGPT's abilities, while Google introduced Bard, a language model for dialogue applications.
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