Baidu
Baidu’s AI chip unit Kunlunxin confidentially files for Hong Kong IPO
The Beijing-based firm has been valued at at least US$3 billion, according to sources
Uber teams up with Baidu to start robotaxi trials in UK
Global robotaxi rollouts are accelerating, with Chinese companies and Alphabet’s Waymo leading the charge
China’s open-source AI is a national advantage
The models are akin to studying together to ace a test instead of relying on individual knowledge
Baidu posts worst sales fall on record despite major AI spending
The results underscore the Internet search leader is losing ad business to rivals while struggling to compete in a crowded AI field
Baidu eyes Australia, South-east Asia for next robotaxi expansion
BAIDU is exploring new markets including Australia for its robotaxis as its expanding fleet hits operational profitability targets in several cities across China.
Further upside expected for Hang Seng Tech Index
THE Hang Seng Tech Index, which tracks Hong Kong’s 30 largest listed technology companies, has continued its bullish momentum since a significant breakout above the 5,500 level in mid-July this year d...
Baidu ranks as China’s cheapest Internet stock amid AI concerns
[HONG KONG] Sharp stock underperformance for Baidu on concerns over its outlook have left it trading at the cheapest valuation among China’s major Internet firms.
Baidu’s revenue dips ahead of intensifying Chinese AI contest
Its core search business is losing ground to social-video platforms like Xiaohongshu and Douyin
China’s tech giants spook a generation of workers with job cuts
The industry turmoil has hit mid-career professionals, particularly those over 35, the hardest
Alibaba to Baidu lead surge in equity-linked bond sales in Asia
Concerns about inflation from US tariffs have kept Fed officials from cutting rates, making instruments such as convertibles that pay little or even no interest, more attractive for borrower
