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Baidu to launch ChatGPT rival Ernie Bot

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Chinese tech giant Baidu beat forecasts in the fourth quarter

Revenue hit $4.8 billion, just exceeding analyst forecasts.

The search engine operator is seeing advertisers return as China lifts health-crisis restrictions.

Chief Executive Robin Li said 2022 had been tough.

But he said this year offered a clear path towards speeding up growth again.

The company’s research and development expenses ate up almost a fifth of its revenue last year.

And a lot of that is going on a high-profile new project.

Amid global interest in the ChatGPT chatbot backed by Microsoft, Baidu has its own rival in the works.

Dubbed Ernie Bot, it’s expected to complete testing in March, and is seen by many as the country’s leading rival to the U.S. product.

Li says the market for such artificial intelligence systems is on the verge of exploding.

He says Ernie will first be embedded in Baidu’s search engine, saying its Chinese-language abilities are far superior to products developed overseas.

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Diversifying and enhancing payment methods

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American Express reveals Australian homeowner bill payment insights

In response to the growing trend of card and tap-and-go payments, organisations are adapting their systems to accommodate diverse payment options.

American Express recently conducted research shedding light on homeowner sentiments towards local councils, with a focus on Australian attitudes and behaviours related to bill payments.

Vice President and General Manager of Global merchant services at American Express, Robert Tedesco, provides his insights.

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Explosive growth and dominance of the audio industry

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Global radio market hits staggering $143 billion valuation, cementing audio industry’s dominance

The audio industry continues to assert itself as a formidable force, with the 2023 global radio market reaching a substantial value of $143 billion.

The podcast market has surged to an impressive worth of $18.52 billion, showcasing a compound annual growth rate of 27.6%.

Tony Simmons, CEO and founder of Sonnant, discusses how the audio industry can be made even better.

Presented by VentureCrowd – To find out more about Conscious Investing, head to www.venturecrowd.com.au

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Nick Kyrgios shocks fans with surprise OnlyFans announcement

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Tennis sensation Nick Kyrgios sent shockwaves through the sports and entertainment world today as he revealed a surprising career move.

The Australian athlete, known for his fiery on-court antics and charismatic personality, has announced his entry into the world of OnlyFans, a platform typically associated with adult content creators.

In an unexpected turn of events, Kyrgios took to social media to share the news with his followers. He stated, “I’ve always enjoyed pushing boundaries and breaking the mold. I’m excited to announce that I’ll be joining OnlyFans to share exclusive content and connect with my fans in a new way.”

The announcement has left fans and pundits alike wondering what kind of content Kyrgios will be sharing on the platform.

The decision has sparked a debate about the intersection of sports and social media, as well as the evolving landscape of content creation.

Some fans are eagerly anticipating behind-the-scenes glimpses of Kyrgios’s life, while others are questioning the potential impact on his professional tennis career.

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