• Baidu Inc. BIDUthe company behind China’s largest search engine plans to launch an AI-powered service similar to ChatGPT by OpenAI, reported Bloomberg, citing a person familiar with the matter.
• Baidu, also known as China’s alphabet inc WELL Google Google is expected to integrate a ChatGPT style application into its primary search services in March.

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• The company’s yet-to-be released chatGPT version will allow users to experience similar conversation-like results as OpenAI’s chatbot, according to Bloomberg.
• Microsoft Corporation MSFT is too are working on introducing a new version its Bing search engine by integrating the capabilities of chatGPT.
• Google has reportedly proclaimed a “Code Red” and CEO Sundar Pichai is aggressively working on defining the company’s AI strategy Defeat the threat of OpenAI’s chatGPT.
• Price promotion: Hong Kong shares of Baidu rose 3.65% to HK$141.90 in early trade on Monday.