Baidu Inc

China’s Baidu launches two new AI models as industry competition heats up
World

China’s Baidu launches two new AI models as industry competition heats up

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 China’s Baidu said on Sunday it has launched two new artificial intelligence models, including a new reasoning-focused model that it […]

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Stocks making the biggest moves midday: CVS, Zillow, Avis Budget, Kraft Heinz and more
Finance

Stocks making the biggest moves midday: CVS, Zillow, Avis Budget, Kraft Heinz and more

Check out the companies making headlines in midday trading. Baidu — The Chinese tech stock added 4% after a source familiar with the matter revealed that Baidu plans to release the next generation of its AI model later this year. The source said that “foundational model” Ernie 5.0 will have “big enhancements in multimodal capabilities.” […]

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CNBC Daily Open: Tesla wobbles as BYD gets ahead in self-driving and Elon Musk is everywhere
World

CNBC Daily Open: Tesla wobbles as BYD gets ahead in self-driving and Elon Musk is everywhere

Tesla and SpaceX CEO Elon Musk and U.S. President Donald Trump appear during an executive order signing in the Oval Office at the White House on Feb. 11, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images Elon Musk is the world’s richest person, and the leader of Tesla, SpaceX, X, […]

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Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market
World

Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in the second half of this year, according to a source familiar with the matter, as […]

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Chinese AI applications now have bigger aims — they’re looking beyond chatbots
World

Chinese AI applications now have bigger aims — they’re looking beyond chatbots

The World Artificial Intelligence Conference in Shanghai on July 6, 2023. Aly Song | Reuters BEIJING — A slew of releases last week demonstrate how Chinese companies such as DeepSeek and ByteDance have moved quickly with artificial intelligence models that compete with OpenAI’s ChatGPT. Now, many companies in China are increasingly building on that foundation […]

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Alibaba slashes prices on large language models by up to 85% as China AI rivalry heats up
World

Alibaba slashes prices on large language models by up to 85% as China AI rivalry heats up

The World Artificial Intelligence Conference in Shanghai in July 2023. Aly Song | Reuters Alibaba is cutting prices on its large language models by up to 85%, the Chinese tech giant announced Tuesday. The Hangzhou-based e-commerce firm’s cloud computing division, Alibaba Cloud, said in a WeChat post that it’s offering the price cuts on its […]

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China wants to dominate in AI — and some of its models are already beating their U.S. rivals
Technology

China wants to dominate in AI — and some of its models are already beating their U.S. rivals

China is focusing on large language models (LLMs) in the artificial intelligence space.  Blackdovfx | Istock | Getty Images China’s attempts to dominate the world of artificial intelligence could be paying off, with industry insiders and technology analysts telling CNBC that Chinese AI models are already hugely popular and are keeping pace with — and […]

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Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ’s Wholesale Club and more
Finance

Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ’s Wholesale Club and more

Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker dipped about 1% in midday trading, after gyrating earlier in the session. Nvidia beat on top and bottom lines for the third quarter, posting adjusted earnings of 81 cents per share on revenue of $35.08 billion. Analysts polled by LSEG […]

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Stocks making the biggest moves premarket: Snowflake, Nvidia, BJ’s Wholesale and more
Finance

Stocks making the biggest moves premarket: Snowflake, Nvidia, BJ’s Wholesale and more

Check out the companies making headlines before the bell. Snowflake – Shares surged more than 21% following the company’s better-than-expected third-quarter results and strong guidance. Snowflake posted adjusted earnings of 20 cents per share on revenue of $942 million. Analysts surveyed by LSEG were looking for 15 cents in earnings per share on revenue of […]

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