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    Home » Baidu denies a Chinese military connection after the report sent shares tumbling
    Financial Market

    Baidu denies a Chinese military connection after the report sent shares tumbling

    ZEMS BLOGBy ZEMS BLOGJanuary 16, 2024No Comments2 Mins Read
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    Baidu said on Monday that it has no connection to a Chinese military laboratory, after a report led to a decline in the Internet services company's shares.

    Baidu stock 9888,
    -11.53%
    In Hong Kong, it fell 12% after the South China Morning Post reported that a research laboratory of the People's Liberation Army's Strategic Support Force had tested its AI system on Baidu's Ernie, as well as iFlyTrek's Spark, which are large language models similar to ChatGPT. From OpenAI. .

    US shares in Baidu BIDU,
    -7.00%
    No trading took place on Monday, as US stock markets are closed for the Martin Luther King Jr. holiday.

    “The academic paper, published by researchers at a Chinese university, described how the authors constructed prompts and received responses from MBAs, using functions available to any user interacting with generative AI tools,” said the statement from Baidu, which also noted that the South The China Morning Post corrected its initial report: “Baidu has not engaged in any commercial cooperation nor provided any personalized service to the authors of the academic paper or any institutions to which they are affiliated.”

    The correction notes that the Chinese People's Liberation Army Laboratory tested its system on Baidu's model, but corrected its initial reports that there was a physical link between its AI system and Baidu's Ernie system.

    The newspaper reported that the academic paper said that artificial intelligence simulated the US invasion of Libya in 2011, and successfully predicted the US military’s next move.

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