Baidu Inc
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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.” […]
Read More
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, […]
Read More
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 […]
Read More
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 […]
Read More