Chinese Ai Companies

AI Impostors: Baidu sues Apple and iOS developers over fake Ernie bot apps on Apple’s app store

Apple's app store has many fake Ernie bot apps developed by small-time iOS developers. As a result, Chinese tech giant Baidu is suing these developers as well as Apple for allowing these fake apps on the Apple App Store.

Chinese state media warns investors of AI market bubble triggered by ChatGPT frenzy

An article published by the state-run Economic Daily cautions investors against chasing the ChatGPT hype with no regard to a potential bubble. The article says some stocks have ‘jumped in leaps and bounds’ despite not having made many AI breakthroughs