Baidu is making a strategic move to strengthen its position in China's artificial intelligence race by making its chatbot, Ernie Bot, free to all users starting April 1. The decision signals a shift in the company's approach as it grapples with intensifying competition from emerging players like DeepSeek and ByteDance's Doubao.
China's Baidu said on Thursday that its artificial intelligence model Ernie would be free from April 1.
Baidu Inc. (BIDU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
China's Baidu plans to release the next generation of its artificial intelligence model in the second-half of this year, CNBC reported on Wednesday, citing a source familiar with the matter.
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. The planned update comes as Chinese companies race to develop innovative AI models to compete with OpenAI and other U.S.-based companies.
Investment in data centres and cloud infrastructure is still needed despite DeepSeek challenging the cost efficiency of large AI models, Baidu CEO Robin Li said on Tuesday.
BofA Securities analyst Justin Post maintained a Buy rating on Alphabet Inc GOOG GOOGL Google with a price target of $225.
Baidu Inc. (BIDU) concluded the recent trading session at $88.81, signifying a +0.2% move from its prior day's close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Baidu has very promising AI and robotaxi technologies, despite weak recent growth and market skepticism. Baidu's partnership with Apple on AI integration for Chinese iPhones could generate substantial future revenues, though implementation snags have raised doubts about the project. The stock has strong downside protection with net cash and long-term investments nearly matching the market cap.
Chinese search engine behemoth Baidu's stock (NASDAQ: BIDU) stock has been a laggard over the past year, declining by about 20% since the start of 2024. A couple of trends have impacted the stock.
Baidu's expected shift from AI affordability to AI monetization in 2025 justifies upgrading Baidu to a Buy rating. Baidu's AI Cloud and Intelligent Driving businesses, along with the ERNIE bot, are poised for monetization, leveraging strong user acquisition and market share. Despite expected revenue contraction in 2024, Baidu's valuation at 9x 2025 earnings looks attractive, with potential for revenue and earnings growth.