Chinese search engine and artificial intelligence firm Baidu made its ChatGPT-equivalent language model fully available to the public Thursday, raising the company’s stock price by over 3% following the announcement.
Beijing sees artificial intelligence as a key industry to rival the United States and aims to become a global leader by 2030. Chinese technology firms have also raced to unveil their generative AI models — in which algorithms allow the technology to produce and create new content — after U.S. firm OpenAI launched the widely popular ChatGPT.
