Beijing warns tech giants to curb ‘involution’ amid AI giveaway war
China’s top market regulator has summoned the country’s leading tech companies to demand an end to “involutionary” competition,…
Alibaba, Baidu’s IPO plans for AI chip design units heighten China’s self-reliance drive
The two Chinese internet peers’ initiatives reflected the strong investor appetite for AI chip firms and growing demand…
Fighting back: Beijing builds its own ‘small yard, high fence’ to shut out US tech
“Small yard, high fence” was how Jake Sullivan, national security adviser under President Joe Biden, described US tech…
Baidu (BIDU) Gains Catalyst Watch at Citi as AI Strategy Accelerates
Baidu, Inc. (NASDAQ:BIDU) ranks among the best AI stocks to buy according to analysts. On December 15, Citi…
Baidu’s AI chip arm Kunlunxin files confidentially for Hong Kong listing
Jan 2 (Reuters) – Chinese internet search giant Baidu said on Friday its AI chip unit Kunlunxin has…
China’s big layoff wave now buffeting its tech sector
China’s long‑running wave of corporate layoffs is spreading from manufacturing and property to the technology sector, with some…
China narrows AI gap with US 3 years after initial ChatGPT shock
Chinese government authorities sent urgent requests to various experts, including professors from Tsinghua University, to provide briefings on…
Baidu Stock Pops — China’s Google Makes Big AI Move
This article first appeared on GuruFocus. Baidu (NASDAQ:BIDU) shares jumped about 3% in premarket trading Monday after the…
Baidu Takes Aim at Nvidia AI Dominance With Kunlun Chip Release
This article first appeared on GuruFocus. Baidu (NASDAQ:BIDU) is positioning itself as a major domestic AI chip player…
Baidu cuts jobs across the board, restructures AI teams after loss-making quarter
Chinese tech giant Baidu (BIDU, 9888.HK) is cutting an undisclosed number of jobs across major divisions and restructuring…
Hang Seng Index set to cap worst week since April on AI bubble fears
Hong Kong stocks fell on Friday following Wall Street’s retreat as renewed concerns about the artificial intelligence sector…
Can Apollo Go’s Global Expansion Power Baidu’s Next Growth Phase?
Baidu’s BIDU autonomous driving unit Apollo Go stands at an inflexion point that could reshape the company’s revenue…