The Hong Kong shares of Baidu plunged on Monday, wiping $2.4 billion off its market value, after the founder of the Chinese search engine giant was not spotted at a rare meeting between President Xi Jinping and corporate leaders.
Baidu Inc. (BIDU) closed at $97.48 in the latest trading session, marking a +0.92% move from the prior day.
China's Baidu said on Friday that it would make the next-generation artificial intelligence model Ernie open-source from June 30.
BIDU's fourth-quarter 2024 results are likely to disappoint as China's tech giant battles shrinking ad revenues and profit margins.
Baidu stock gained after the China tech giant said it will offer it AI chatbot for free starting in April. The post Baidu Stock Gains On Free Chatbot Plan Amid AI Showdown With Alibaba, DeepSeek appeared first on Investor's Business Daily.
Baidu plans to offer its Ernie chatbot at no cost to both desktop and mobile users as it seeks to take the crown as China's leading AI player.
Shares in Chinese search giant Baidu surged as much as 11.7% in Hong Kong on Thursday after it announced it will make its AI chatbot free of charge starting April 1.
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.