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China lets Baidu, others launch ChatGPT-like bots to public, tech shares jump

News Snapshot:

Baidu sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song Acquire Licensing Rights Summary Companies Baidu, SenseTime, Baichuan open AI products to the public Chinese media say 11 firms have received government approval Approvals anticipated after Beijing passed generative AI rules Shares in Baidu, SenseTime jump Aug 31 (Reuters) – Four Chinese tech firms, including Baidu Inc (9888.HK) and SenseTime Group (0200.HK), on Thursday launched their artificial intelligence (AI) chatbots to the public after receiving government approval, as China's government pushes to widen the use of such products amid competition with…

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