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Baidu unveiled its AI-powered chatbot Ernie Bot on Thursday, but disappointed investors with its use of pre-recorded videos and the lack of a public launch. Ernie Bot is China’s strongest rival to U.S. research lab OpenAI’s ChatGPT, and can carry out mathematical calculations, speak in Chinese dialects, and generate videos and images with text prompts. Ernie Bot will only be open for trial to an initial group of users with invitation codes from Thursday, while companies can apply to embed the chatbot into their own applications.