Baidu Inc
Stocks making the biggest moves midday: Apple, Alibaba, Palantir Technologies and more
Check out the companies making headlines in midday trading: Apple — The stock added more than 2% as sentiment on tech shares broadly rose Monday. President Donald Trump announced on Friday that several electronic devices and components will be exempt from U.S. tariffs . The policy benefits Apple given that the majority of the iPhone […]
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Alibaba launches new open-source AI model for ‘cost-effective AI agents’
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba Cloud launched Thursday its latest AI model in its “Qwen series,” as large language model competition in China continues to heat up following the “DeepSeek moment.” The new “Qwen2.5-Omni-7B” is a multimodal model, which […]
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China’s artificial intelligence boom might help mitigate some tariff pain
Computer chip with Chinese flag, 3d conceptual illustration. Steven Mcdowell/science Photo Library | Science Photo Library | Getty Images BEIJING — For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is the emergence of generative artificial intelligence. Chinese companies are hard at work. Nearly every day […]
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U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities
William_potter | Istock | Getty Images The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities. The U.S. Department of Commerce’s Bureau of Industry and Security added 80 […]
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China’s open-source embrace upends conventional wisdom around artificial intelligence
China is focusing on large language models (LLMs) in the artificial intelligence space. Blackdovfx | Istock | Getty Images China is embracing open-source AI models in a trend market watchers and insiders say is boosting AI adoption and innovation in the country, with some suggesting it is an ‘Android moment’ for the sector. The open-source […]
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Stocks making the biggest moves premarket: Ralph Lauren, Duolingo, Baidu and more
Check out the companies making headlines in premarket trading. Ralph Lauren — The fashion stock added 2.8% following an upgrade at Goldman Sachs to buy from neutral. The bank said Ralph Lauren has limited exposure to tariffs versus its peers. Duolingo — The language learning application climbed 1.5% following an upgrade to outperform from Citizens […]
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CNBC Daily Open: Markets rise for the second day as U.S. consumers continue spending
Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately […]
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Baidu shares jump 10% following release of new open-source AI models
ZHEJIANG, CHINA – MARCH 16 2023: A view of the logo of ERNIE Bot, an AI chatbot service developed by Chinese search engine Baidu, March 16, 2023. Long Wei | Future Publishing | Getty Images Shares of Chinese tech giant Baidu were trading up 10.7% in Asia on Tuesday, as investors appeared to react positively […]
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AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis speaks during the Mobile World Congress, the telecom industry’s biggest annual gathering, in Barcelona, Spain, Feb. 26, 2024. Pau Barrena | Afp | Getty Images LONDON — Artificial intelligence that can match humans at any task is still some way off — but it’s only a […]
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