Baidu leaps to 11-month high as it reveals plan to launch ChatGPT-style ‘Ernie Bot’

(CNBC) Shares of Baidu surged by more than 13% in Hong Kong as the company said it will launch its own artificial intelligence chatbot. The stock rose to $159.80 Hong Kong dollars per share, or 13.48% higher in Asia’s morning trade. That’s the stock’s highest level since mid-Feb 2022.

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