Updated Jan. 3, 2024 6:23 am ET A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans, showing how the steep market downturn is taking a toll on businesses that need to raise money. The Asian financial hub was for years the top international … Read more
Published: Jan. 1, 2024 at 6:37 p.m. ET By P.R. Venkat Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China. As of the end of December, the closing conditions for the share purchase agreement had yet to be fully satisfied, Baidu said in a filing late Monday. … Read more
BEIJING, Nov. 21, 2023 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the third quarter ended September 30, 2023. “Baidu reported solid third-quarter financial results, demonstrating resilience in a … Read more
Updated Oct. 31, 2023 12:36 am ET SINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources. The Santa Clara, Calif.-based company had already finished delivering orders of its advanced … Read more
The logo of Baidu’s AI chatbot Ernie Bot is displayed near a screen showing the Baidu logo, in this illustration picture Chinese technology giant Baidu on Tuesday unveiled the newest version of its generative artificial intelligence (AI) model, Ernie 4.0, saying its capabilities were on par with those of ChatGPT maker OpenAI’s pioneering GPT-4 model. … Read more
ERNIE 4.0 is now accessible to invited users on ERNIE Bot. In addition, enterprise customers can apply for API testing via Baidu Qianfan foundation model platform. Baidu has re-built many of its most popular applications using the latest generative AI technologies, as well as introduced new AI-native products, offering improved productivity and creativity for a … Read more
AI Roundup: In today’s world of artificial intelligence (AI), Baidu announced the expansion of its AI chatbot called ERNIE Bot, as it now supports 5 more plugins. On the other hand, the Associated Press issued guidelines for the use of AI in newsrooms. New research has also shed light on a deep-learning AI model that … Read more