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Baidu, a Chinese search giant, unveiled its artificial intelligence chatbot Ernie Bot in a pre-recorded video presentation. The demonstration showed Ernie Bot being asked questions about a Chinese science-fiction novel and asked to make an image based on prompts. Baidu CEO Robin Li said Ernie Bot was still not perfected, but the company went ahead with presenting it due to high demand. Shares of Baidu dropped after the presentation. Ernie stands for “Enhanced Representation of Knowledge Integration.”