Baidu Responds to Recent Media Reports on Ernie Bot
January 15 2024 - 9:44AM
Baidu Responds to Recent Media Reports on Ernie Bot
Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888
(RMB Counter)) ("Baidu" or the "Company"), a leading AI company
with strong Internet foundation, has become aware of media reports
regarding an academic paper that mentioned several large language
models ("LLM") such as GPT3.5, GPT-3.5-turbo, GPT4, HTML-T5, and
Baidu's ERNIE Bot and would like to offer the following
clarifications.
ERNIE Bot is available to and used by the general
public. The academic paper, published by scholars at a Chinese
university, described how the authors built prompts and received
responses from LLMs, using the functions available to any user
interacting with generative AI tools. Baidu has not engaged in any
business collaboration or provided any tailored service to authors
of the academic paper or any institutions with which they are
affiliated. The South China Morning Post, the first media outlet
that reported on this academic paper, has clarified and corrected
their original media report.
The Company is committed to operating its AI
related products and businesses in compliance with applicable laws
and regulations and best corporate practices.
About Baidu
Founded in 2000, Baidu's mission is to make the
complicated world simpler through technology. Baidu is a leading AI
company with strong Internet foundation, trading on Nasdaq under
"BIDU" and the HKEX under "9888." One Baidu ADS represents eight
Class A ordinary shares.
Safe Harbor
Statement
This announcement contains forward-looking
statements. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
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strategic and operational plans, contain forward-looking
statements. Baidu may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission, in announcements made on the website of The
Stock Exchange of Hong Kong Limited (the "Hong Kong Stock
Exchange"), in its annual report to shareholders, in press releases
and other written materials and in oral statements made by its
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are not historical facts, including but not limited to statements
about Baidu's beliefs and expectations, are forward-looking
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differ materially from those contained in any forward-looking
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growth strategies; its future business development, including
development of new products and services; its ability to attract
and retain users and customers; competition in the Chinese Internet
search and newsfeed market; competition for online marketing
customers; changes in the Company's revenues and certain cost or
expense items as a percentage of its revenues; the outcome of
ongoing, or any future, litigation or arbitration, including those
relating to intellectual property rights; the expected growth of
the Chinese-language Internet search and newsfeed market and the
number of Internet and broadband users in China; Chinese
governmental policies relating to the Internet and Internet search
providers, and general economic conditions in China and elsewhere.
Further information regarding these and other risks is included in
the Company's annual report on Form 20-F and other documents filed
with the Securities and Exchange Commission, and announcements on
the website of the Hong Kong Stock Exchange. Baidu does not
undertake any obligation to update any forward-looking statement,
except as required under applicable law. All information provided
in this press release and in the attachments is as of the date of
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SOURCE Baidu, Inc.Investors Relations, Baidu, Inc.,
Tel: +86-10-5992-8888, Email: ir@baidu.com
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