Phoenix New Media Limited (NYSE:FENG) Q4 2022 Earnings Call Transcript

Shuang Liu: Thank you. It’s a very good question. Of course, ChatGPT is an incredible powerful tool that takes content creation and delivery to a whole new level. There are so many ways we can benefit from AI GC from extracting text and summarizing complex information to identify trends and creating relevant content. When implemented properly, it can significantly improve productivity and even have a big impact on recommendation algorithms and content delivery. Actually, we are really excited about AI GC and the trend it’s bringing to the industry. You may already know like Baidu has launched a conversational AI bot call Ernie Bot in China. We have become one of the first ecological partners with Baidu’s Ernie Bot. So we are looking forward to fully experiencing and integrating its capabilities.

Moving forward, we will be keeping a close eye on new technologies such as AI GC and potential applications for our business related talent and even investment opportunities just like we did when we found even in the past. Thank you.

Alice Tang: Thank you.

Operator: Thank you. I’m showing no further questions in the queue. At this time, I would like to turn the call back over to Muzi Guo from management for closing remarks. Please go ahead.

Muzi Guo: Thank you. We have come to the end of our Q&A session and our conference call. Please feel free to contact us if you have any further questions. And thank you very much for joining us today on this call. Have a good day. Thank you.

Operator: Thank you. That concludes it. You may all disconnect at this time.