BEIJING, Jan. 15,
2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and
HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the
"Company"), a leading AI company with strong Internet foundation,
has become aware of media reports regarding an academic paper that
mentioned several large language models ("LLM") such as GPT3.5,
GPT-3.5-turbo, GPT4, HTML-T5, and Baidu's ERNIE Bot and would like
to offer the following clarifications.
ERNIE Bot is available to and used by the general
public. The academic paper, published by scholars at a Chinese
university, described how the authors built prompts and received
responses from LLMs, using the functions available to any user
interacting with generative AI tools. Baidu has not engaged in any
business collaboration or provided any tailored service to authors
of the academic paper or any institutions with which they are
affiliated. The South China Morning Post, the first media outlet
that reported on this academic paper, has clarified and corrected
their original media report.
The Company is committed to operating its AI related products
and businesses in compliance with applicable laws and regulations
and best corporate practices.
About Baidu
Founded in 2000, Baidu's mission is to make the complicated
world simpler through technology. Baidu is a leading AI company
with strong Internet foundation, trading on Nasdaq under "BIDU" and
the HKEX under "9888." One Baidu ADS represents eight Class A
ordinary shares.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements. Among
other things, Baidu's and other parties' strategic and operational
plans, contain forward-looking statements. Baidu may also make
written or oral forward-looking statements in its periodic reports
to the U.S. Securities and Exchange Commission, in announcements
made on the website of The Stock Exchange of Hong Kong Limited (the
"Hong Kong Stock Exchange"), in its annual report to shareholders,
in press releases and other written materials and in oral
statements made by its officers, directors or employees to third
parties. Statements that are not historical facts, including but
not limited to statements about Baidu's beliefs and expectations,
are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Baidu's growth strategies; its future business
development, including development of new products and services;
its ability to attract and retain users and customers; competition
in the Chinese Internet search and newsfeed market; competition for
online marketing customers; changes in the Company's revenues and
certain cost or expense items as a percentage of its revenues; the
outcome of ongoing, or any future, litigation or arbitration,
including those relating to intellectual property rights; the
expected growth of the Chinese-language Internet search and
newsfeed market and the number of Internet and broadband users in
China; Chinese governmental
policies relating to the Internet and Internet search providers,
and general economic conditions in China and elsewhere. Further information
regarding these and other risks is included in the Company's annual
report on Form 20-F and other documents filed with the Securities
and Exchange Commission, and announcements on the website of the
Hong Kong Stock Exchange. Baidu does not undertake any obligation
to update any forward-looking statement, except as required under
applicable law. All information provided in this press release and
in the attachments is as of the date of the press release, and
Baidu undertakes no duty to update such information, except as
required under applicable law.
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SOURCE Baidu, Inc.
