The Chinese tech company, Baidu (NASDAQ: BIDU) announced today that its Ernie chatbot had beaten the popular Microsoft (MSFT) and OpenAI’s ChatGPT on multiple key metrics. Baidu stated that its latest version of its AI model, Ernie 3.5, had surpassed “ChatGPT in comprehensive ability scores” and outperformed “GPT-4 in several Chinese capabilities.”
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The company cited a test run by the Chinese newspaper China Science Daily that evaluated ChatGPT and Ernie bot using AGIEval and C-Eval datasets. These are the two benchmarks that are used to look at the performance of artificial intelligence (AI) models.
Baidu was the first Chinese company to launch its ChatGPT-style rival, Ernie bot, back in March and the bot has been in invite-only tests for the last three months.
Analysts are bullish about BIDU stock with a Strong Buy consensus rating based on a unanimous 13 Buys.
