Chinese search giant Baidu introduces Ernie Bot, shares tumble 10%

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Chinese search giant Baidu introduces Ernie Bot, shares tumble 10%
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Baidu , on Thursday unveiled its much-anticipated artificial intelligence-powered chatbot known as Ernie Bot, with its CEO saying that it was the culmination of the firm's years of hard work in artificial intelligence.

, on Thursday unveiled its much-anticipated artificial intelligence-powered chatbot known as Ernie Bot, with its CEO saying that it was the culmination of the firm's years of hard work in artificial intelligence.

The bot was not perfect but they were releasing it now because of market demand, Robin Li said at a media conference in Beijing. The company's Hong Kong-listed shares tumbled 10% as he demonstrated the bot answering questions, writing a poem as well as producing a video and image with prompts. To date, 650 companies have said they will join the Ernie ecosystem, he added. Chinese state media outlets and a Shaolin temple were among the first sign-ups to

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