Baidu unveiled an early counterpart to ChatGPT, the Ernie chatbot
The Ernie (Enhanced Representation through Knowledge Integration) language model underlying the bot was first introduced back in 2019. Baidu limited the chatbot presentation to short videos in which Ernie Bot performed math calculations, broadcast in different Chinese dialects, and generated videos and images with text prompts.
The presentation was led by Baidu co-founder and CEO Robin Li. As Reuters points out, the bot presented did not meet investors' expectations. They had expected Baidu to present a more interactive and complete Chinese version of ChatGPT. As a result, Baidu shares traded in Hong Kong fell 10% during the presentation and eventually closed 6.4% cheaper, reducing the market valuation of Baidu by $3 billion.
In February this year, Chinese regulators banned the country's IT giants from offering services using ChatGPT to the public. Tencent Holdings and Ant Group, a fintech subsidiary of Alibaba Group Holding, were banned from providing access to ChatGPT services on their platforms, either directly or through third parties. Tech companies also now need to coordinate with regulators to release ChatGPT-type products.
In recent years, the term “Internet of Things” (IoT) has become one of the most popular in the tech world. It promised to connect billions of devices. The next stage was the Industrial Internet of Things (IIoT), which brought revolutionary changes to production processes. Today, a new term is coming onto the scene – AIoT (Artificial Intelligence of Things), combining the capabilities of the Internet of Things with the power of AI.
Sixty-eight IT executives from 15 countries, including Brazil, India, USA, Saudi Arabia, Turkey, Kazakhstan, and Indonesia participated in the project.
June 2024 was a very dynamic month for AI and data analytics market, marked by significant events, product launches, and industry insights.
Artem Kalivanov, CIO of Beeline Uzbekistan, discussed IT project management in terms of project definition, management models like Waterfall and Agile methodologies, and the importance of Lean in process management.