Baidu (BIDU) is reportedly preparing to launch an upgraded version of its AI model, Ernie, in mid-March as it strives to stay competitive and

China's Baidu will launch the next generation of its artificial intelligence model Ernie in mid-March, which will see improved capabilities in areas such as reasoning, a source with direct knowledge of the matter said.

Chinese internet search giant Baidu (NASDAQ:BIDU) plans to launch the next generation of its AI model, Ernie 4.5, with improved capabilities in mid-March, Reuters reported, citing a person with knowledge of the matter.