Home Latest Samsung’s Galaxy S24 smartphones to make use of Baidu’s AI chatbot Ernie; Analysts optimistic By Investing.com

Samsung’s Galaxy S24 smartphones to make use of Baidu’s AI chatbot Ernie; Analysts optimistic By Investing.com

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Samsung’s Galaxy S24 smartphones to make use of Baidu’s AI chatbot Ernie; Analysts optimistic By Investing.com

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© Reuters. Baidu (BIDU) Samsung’s Galaxy S24 smartphones to make use of Baidu’s AI chatbot Ernie; Analyst optimistic

Samsung’s new Galaxy S24 smartphone lineup is ready to characteristic Chinese tech large Baidu’s (BIDU) AI chatbot Ernie in a collaboration that can present a variety of AI-powered options that Samsung (KS:) hopes will assist it outperform Apple’s (AAPL) latest iPhones.

Real-time translation of calls, superior summarization of content material and a ‘circle to search’ perform are among the key AI options that Ernie will energy. The newest model of the chatbot, Ernie 4.0, launched in October final yr, makes use of AI to supply clever, well-reasoned, human-like responses to prompts from customers.

“Now featuring Ernie’s understanding and generation capabilities, the upgraded Samsung Note Assistant can translate content and also summarize lengthy content into clear, intelligently organized formats at the click of a button, streamlining the organization of extensive text,” the 2 organizations stated in a press release, as reported by CNBC.

Following the announcement, Morgan Stanley issued a word Monday saying the collaboration is a recognition of Baidu’s AI management in China, and reiterating its view of Baidu (NASDAQ:) as “the best AI play in China’s Internet Industry.” It expects Baidu’s cloud income to develop 15% YoY in 2024 and maintains its ‘Overweight’ ranking on the inventory.

“We believe this is just the beginning of a long-term AI collaboration. We believe the current AI cloud integration between Galaxy AI and Ernie is just the first step. Though current monetization scale could be limited, we expect there could be further expansion into other phone models, or potential development into an edge AI model in the long run, which is an untapped market as of now (i.e., processing of data and algorithms directly from an endpoint device without an Internet connection),” analysts stated in a word to shoppers.

Baidu’s shares are down 0.64% at $106.97 at noon on Monday.

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