Home Latest Insights | News The America Inc and China Inc – And Dominating Nations

The America Inc and China Inc – And Dominating Nations

The America Inc and China Inc – And Dominating Nations

There are three countries on this earth when it comes to building tech empires: America, China and others. Yes, China’s Baidu has created a ChatGPT  competitor named  Ernie Bot, and now has 100 million users in five months.

Chinese multinational technology company that specializes in Internet-related services, products, and artificial intelligence, Baidu, has announced that its ChatGPT rival Ernie Bot now has more than 100 million users.

The company announced this milestone on Thursday, at a deep-learning summit in Beijing. The news is coming about five months after Ernie Bot was officially launched to the public in August 2023. Before the launch, Baidu‘s Ernie bot ranked first in popularity on Apple’s app store in China after the Chinese tech giant disclosed that it was releasing its ChatGPT-like chatbot to the public.

The company generated $17.9 billion in revenue from its applications during its last fiscal year, after making Ernie Bot generally available in August this year.

Meanwhile, China’s Huawei is ‘back on track’, and is expected to close 2023 with $100 billion in revenue. In other words, the US sanctions have not destroyed the company as it has largely managed to use its own chips to make products customers like.

China Inc. America Inc. They run this world. We’re just here as spectators  from other nations. Have you seen the latest Fortune Global 500 of largest global companies?  That is a Champions League of business, and China and America run the show. No other nation comes close. #respect

Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

No posts to display

Post Comment

Please enter your comment!
Please enter your name here