https://apnews.com/article/baidu-chatgpt-ernie-bot-ai-technology-294aa0d1da540048e057e9825a829ae8 > HONG KONG (AP) — Chinese search giant Baidu unveiled its artificial intelligence chatbot Ernie Bot, presenting its rival to the Microsoft-backed ChatGPT in a pre-recorded video presentation Thursday that appeared to disappoint investors. > Baidu CEO Robin Li said Ernie Bot was still not perfected, but the company went ahead with presenting it due to high demand. Shares plunged 10% after Li showed a prerecorded demonstration of the Ernie bot instead of the real-time live demonstration of its capabilities that many had expected. They closed down 6.4%.