Report: Chinese tech giant Baidu working on a ChatGPT rival

The AI chatbot competition is about to get fierce. According to Bloomberg, Chinese internet giant Baidu is planning to launch its own version of ChatGPT.

Even though many Chinese tech companies are already working on similar AI tools, Baidu's involvement would be a big deal because of how massive it is. It would be a turning point in a new field that has a lot of potential to change many industries.

Bloomberg says that Baidu has already spent a lot of money on its AI tool that it has been working on for years, and that this is what will be used as the foundation for its rival of ChatGPT.

Chat GPT, developed by OpenAI, has the ability to respond in text form to human prompts in a way that's both natural and creative.

It has the potential to replace a range of roles in multiple industries, with artists becoming increasingly concerned about text-to-image and text-to-video generators such as OpenAI's Dall-E 2 that could leave humans struggling to make a living from their craft.

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