Baidu released two new artificial intelligence models on Sunday, including one with reasoning capabilities that it said rivaled DeepSeek's R1 model. According to Kai Wang, a senior equity analyst for Morningstar, Baidu's stock jump is likely a delayed market reaction to the new models as the company vies to regain leadership in China's AI space.
Shares of Baidu (BIDU 9.06%) are climbing on Monday. The company's stock gained 9.8% as of market close and was up as much as 9.9% earlier in the day.
Chinese tech giant Baidu (BIDU) said it has launched two artificial intelligence (AI) models, including the ERNIE X1, which it claims delivers the same performance as DeepSeek R1 “at only half the price.”
Baidu introduced Ernie X1, a reasoning model that can support tools such as advanced search, generation of AI images, and webpage reading.
Chinese search engine Baidu has launched two new AI models — Ernie 4.5, the latest version of the company's foundational model first released two years ago, as well as a new reasoning model, Ernie X1.
China's Baidu said on Sunday it has launched two new artificial intelligence models, the multimodal ERNIE 4.5 and a new reasoning-focused model called X1, as it vies to stand out in a fiercely competitive AI race.
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