HONG KONG — Chinese search engine and artificial intelligence firm Baidu has announced the full availability of its ChatGPT-equivalent language model to the public. This move has seen the company's stock price rise by over 3% since the announcement.

Chinese technology companies, with Baidu leading the way, are making significant efforts to compete with the United States in the artificial intelligence industry. By 2030, Beijing aims to establish itself as a global leader in AI. In response to the success of OpenAI's ChatGPT, Chinese firms have been quick to unveil their own generative AI models. These models utilize algorithms that allow technology to produce and create new content.

Ernie Bot, Baidu's language model, is now fully open to the general public through the company's official website and a China-exclusive app available on app stores. The Ernie Bot app quickly soared to the top of the charts for free apps on Apple's iOS store in China.

Baidu CEO Robin Li believes that releasing the model publicly will enable the collection of valuable real-world human feedback. This feedback will be instrumental in improving Ernie and Baidu's foundation models.

Similar to Europe's efforts, China has also taken steps to regulate the generative AI industry. As of August 15, companies are required to undergo a security review and obtain approvals before launching their AI products publicly. Furthermore, companies providing generative AI services must comply with government requests for technology and data.

Unlike China, the United States does not currently have regulations in place for AI.

During an earnings call in August, Baidu CEO Li expressed optimism about the AI regulations and described them as "pro-innovation." He sees these regulations as beneficial rather than restrictive.

In addition to Baidu, two other Chinese AI companies, Baichuan and Zhipu AI, also released their own AI language models on the same day.

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