Alibaba backs US$2.5 billion AI startup in second major 2024 deal
ALIBABA Group Holding is leading a financing round of at least US$600 million for Chinese AI startup MiniMax, spearheading its second major...
China’s Baidu revenue climbs after AI helps it weather China downturn
BAIDU’S revenue rose 6 per cent after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a...
Baidu partners with Lenovo in third China AI smartphone deal
CHINA’S Baidu has partnered with Lenovo to feature its generative artificial intelligence (AI) technology on Lenovo’s smartphones, in the latest team up...
Samsung to integrate Baidu’s Ernie AI in latest Galaxy phones
SAMSUNG Electronics will feature Baidu’s Ernie Bot as a key attraction of its new Galaxy S24 smartphone series in China.
The South...
Baidu denies report of military ties after shares plummet
BAIDU plunged its most in more than a year after a report linked its Ernie artificial intelligence (AI) platform to key military...
Baidu’s live-streaming hopes hit by lapse of US$3.6 billion deal to buy YY Live
BAIDU’S bid to acquire Joyy’s live-streaming business for China has lapsed, dealing a blow to the search engine giant’s advances into the...
Baidu's ChatGPT-like Ernie Bot has more than 100 million users
BAIDU’S ChatGPT-like Ernie Bot has garnered more than 100 million users, chief technology officer of the Chinese Internet company Wang Haifeng said...
Baidu beats Q3 revenue estimates, reiterates AI investment plans to spur growth
CHINESE tech giant Baidu on Tuesday (Nov 21) beat third-quarter revenue estimates and reaffirmed its commitment to invest in artificial intelligence to...
Baidu placed AI chip order from Huawei in shift away from Nvidia: sources
BAIDU ordered artificial intelligence chips from Huawei this year, two people familiar with the matter said, adding to signs that US pressure...
Baidu AI bot gets Chinese regulatory OK
TECH giant Baidu on Wednesday (Aug 30) received approval by Chinese authorities to launch its artificial intelligence (AI) Ernie Bot to the...