Tencent released its own ChatGPT competitor back in 2023. Now, China’s top firm is betting on AI in 2024.
Baidu News
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Any company with a public-facing generative AI service could theoretically find themselves in the same crosshairs.
2376The U.S. imposed export restrictions on high-level AI chips to China in October 2022, but Chinese companies are finding new ways to develop the technology.
4526The Chinese megacorporation claims its newest model rivals OpenAI’s popular model in generating text, images and video.
2368The CEO of Chinese tech-giant Baidu said that, since China’s new AI regulations have been in place, over 70 AI models have been released in China with over 1 billion parameters.
2620Multiple Chinese tech companies launched their own ChatGPT-like AI chatbots for mass market use two weeks after China’s AI regulations came into force, which requires prior government approval.
2696Baidu’s metaverse app will not support digital currencies or NFTs despite its focus on digital infrastructure, VP said.
6514Baidu is reportedly planning to commercialize its chip technology by setting up a dedicated subsidiary backed by crypto-friendly venture capital firms.
14358China’s cyberspace commission has issued approvals for 224 blockchain projects, including ventures from the country’s major tech companies.
22561A Baidu senior engineer has been jailed for three years for mining $14,000 worth of Monero on company servers.
5208China’s Bitcoin trading volumes have continued to drop, hitting a two-year low on peer-to-peer exchange LocalBitcoins.
5678The Chinese e-commerce giant JD.com has reportedly applied for over 200 patents.
15627China’s cyberspace administration has released its first list of registered blockchain service providers.
15800Chinese search engine giant Baidu has launched its Baidu Blockchain Engine, an operating system designed to facilitate DApp development.
6054Officially confirmed: decentralized internet project TRON and China's largest internet search provider Baidu will cooperate on cloud computing resources.
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