27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
On Tuesday, Baidu, Inc (NASDAQ:BIDU) said the artificial intelligence model underpinning its chatbot outperformed OpenAI's ChatGPT in several key areas.
The Chinese search engine firm has publicly tested the Ernie Bot in China since the company revealed it in March.
The chatbot based on Baidu's foundational AI model, Ernie, is trained on vast amounts of data. The latest iteration of Baidu's model is called Ernie 3.5.
Baidu said Ernie 3.5 surpassed ChatGPT in several benchmark tests, CNBC reports. ChatGPT is based on OpenAI’s GPT 3.5 model.
In Chinese language tests, Ernie 3.5 beat GPT 4, OpenAI's latest and more advanced model.
The focus on Baidu's advancements underlines the competition in generative AI with technology giants in the U.S. and China's rapidly advancing developments.
The tests were based on standard admission and qualification exams to get into college or qualify as a lawyer, English, Chinese, and various subjects like science and humanities.
Haifeng Wang, CTO of Baidu, claimed improvement in creative writing, Q&A, reasoning, code generation, training performance, and inference performance.
Baidu said one defining feature of its latest model is the ability to access "plugins." It integrated its search feature with Ernie Bot via a plugin.
Price Action: BIDU shares traded higher by 2.01% at $142.40 premarket on the last check Tuesday.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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