ChatGPT detonates the tech sector, with Baidu and related concept stocks leading the way

Recently, due to favorable news, Baidu and Baidu concept stocks have rallied. Investors are closely watching the participation of related companies and industries.

On February 1, Baidu's US stock rose more than 15% in early trading, leading the rise in Chinese securities. A-shares Baidu concept stocks rose in intraday changes. Shensi Electronics rose more than 10%, Vision China's intraday increase reached 6.44%, and Baidu concept stocks such as Wanxing Technology, Desai Xiwei, and Hande Information, and artificial intelligence and domestic software stocks all rose to varying degrees.

On various capital market information platforms, investors have asked Baidu related companies if they have cooperated to participate in Baidu ChatGPT related projects.

On January 30, according to media reports, Baidu plans to launch an artificial intelligence chatbot service, similar to the recent popularity of ChatGPT, which may become a popular product in China's chatbot competition. It is understood that this tool will allow users to obtain interactive search results, and the project is positioned to “lead the intergenerational transformation of the search experience.”

It is worth noting that Baidu Group soared by nearly 36% during the year. Since the stock price was low in October, Baidu Hong Kong stocks have recovered more than 100%.

ChatGPT went viral in the US, and its developer OpenAI doubled its valuation to reach 29 billion US dollars. On February 1, OpenAI officially announced that it will launch ChatGPT Plus, a pilot subscription program for ChatGPT, at a price of $20 per month. Currently, users in the US can apply through OpenAI's official website to join the queuing experience list.

Experts from Silicon Valley and the tech sector all say that the advent of ChatGPT and the launch of the subscription version prove that artificial intelligence is accelerating from a vertical field to a general circuit. This is a field rich in commercial potential but also extremely productive.

Based on this, investors and analysts have begun to re-evaluate Baidu's commercial value.

Baidu has been deeply involved in the field of artificial intelligence technology for many years, and has a four-layer technology stack of chips, frameworks, models, and applications. Among them, the Wenxin series large model has reached 260 billion in parameters, surpassing Google's T5 and OpenAI's GPT-3. It is the world's largest Chinese single model, and has been widely used in the industry.

According to Anxin International's analysis, the AIGC concept recently sparked by ChatGPT is popular in the tech industry. At this stage, Baidu is the fastest growing company in China. The market estimates that products similar to ChatGPT may be launched in March. The subsequent performance is worth looking forward to, and investors are recommended to pay attention.