News Snapshot:
Update: The article was updated with additional information provided by Baidu and stock movement. Baidu's (NASDAQ:BIDU) said its generative artificial intelligence chat tool Ernie Bot surpassed over 100 million users, and the ERNIE Foundation Model 4.0 achieved a 32% overall performance improvement in the past two months. The company's stock has risen about 2% premarket on Thursday. The user base milestone was announced at Baidu's tenth Wave Summit, a biannual deep learning developer conference. In addition, the company's Chief Technology Officer Haifeng Wang noted that Baidu's PaddlePaddle platform has served over 10.7 million developers and 235,000 enterprises, with 860,000 models...
