"Ernie Bot is not a tool of confrontation between China and the United States," said Baidu CEO Robin Li.

Artificial intelligence firms targeted by the US are reportedly using third parties to get around chip export controls

A US Treasury report said a programme to block US investment going to advanced tech sectors in countries deemed to be a potential security threat would cost $10 million, if set up this year

New US rules are expected to cover private-equity and venture-capital investments in advanced semiconductors, supercomputing and some forms of artificial intelligence

Shares of Silicon Valley outfit C3.ai leapt 16.14% before the bell on Friday and were among the top five stocks trending on StockTwits

Chinese tech companies building their own versions of ChatGPT are trying to recruit artificial intelligence researchers from abroad

Competitors Alibaba and Baidu are also working on products similar to the viral chatbot, which so far remains inaccessible in China

Users would become more dependent on the Baidu search engine once it is embedded with the AI-powered chatbot, company CEO Robin Li told reporters

The US government plans to bar investment in some Chinese tech companies, to stop American money pouring into sensitive sectors such as chips for artificial intelligence

Baidu also said earlier this week it will soon finish internal testing for a ChatGPT alternative called 'Ernie Bot'

Google's AI chatbot Bard, touted as a competitor to ChatGPT, shared inaccurate information in a promotional video

Lessons have been taken from the war in Ukraine where drones have played a crucial role on both sides, Taiwan's defence ministry said