The AI industry was transformed by the launch of ChatGPT in late 2023 and although China is racing to catch up, hurdles remain in the form of US chip sanctions and strict regulation.
Operator: Hello and thank you for standing by for Baidu’s Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Today’s conference is being recorded.
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Operator: Hello and thank you for standing by for Baidu s First Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode.