[Hong Kong stock prices dropped 11.53%! Baidu responded to the ERNIE Bot matter] On January 15, Baidu announced that the company had learned that an academic paper reported by the media mentioned several large language models ("LLMs"), such as GPT3.5, GPT-3.5-turbo, GPT4, HTML-T5 and Baidu ERNIE Bot, and hoped to provide the following clarifications. "ERNIE Bot" is available to the public. This academic paper published by Chinese university scholars describes how the author utilizes the functionality of any user interacting with generative artificial intelligence tools to construct prompts and receive responses from LLM. Baidu has not engaged in any business cooperation or provided any customized services with the authors of academic papers or any institutions to which they belong. The South China Morning Post was the first media to report on this academic paper and has clarified and corrected their initial media coverage. The company is committed to operating its artificial intelligence related products and businesses in compliance with applicable laws, regulations, and best enterprise practices.