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The Latest Breaking News from Baidu

China Tech Giant Baidu Credits AI As Earnings Beat Expectations Despite Ad Sales Decline

Baidu edged higher early Thursday, after the China search giant beat Q2 earnings estimates but sales missed.

Investors Business Daily

'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.

International Business Times UK

China's Growing 'Robotaxi' Fleet Sparks Concern, Wonder On Streets

China's Growing 'Robotaxi' Fleet Sparks Concern, Wonder On Streets

Turning heads as they cruise past office buildings and malls, driverless taxis are slowly spreading through Chinese cities, prompting both wariness and wonder.

International Business Times

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China wrestles with ‘quantity over quality’ in generative AI patents

China has filed for more patents than any other country, but US export controls are not its only hurdle.

Chinese companies are stockpiling HBM2E chips ahead of new U.S. export rules

Baidu, Huawei, and Tencent are stockpiling Samsung's HBM2E memory to use with their own AI processors.

Tom’s Hardware

Cities no longer need to be rich to be smart as AI ‘levels out the playing field,’ urban experts say

Data can help cities who are not that rich become 'smart' and the cost of data collection is coming down because of advances in AI.

China's Wuhan City Pioneers Driverless Taxis At Unbeatable Prices

Wuhan, China introduces driverless taxis by Baidu's Apollo Go, revolutionizing urban transportation and raising concerns for traditional transportation jobs.

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China's cloud push is coming at a big environmental cost — and it's affecting Microsoft and others too

China's cloud push is coming at a big environmental cost — and it's affecting Microsoft and others too

Some Chinese cloud companies are investing heavily in renewables, but the story isn’t the same across the industry.

China's businesses are 'noticeably ahead' of the rest of the world when it comes to adopting AI—and preparing for the inevitable regulations

China's businesses are 'noticeably ahead' of the rest of the world when it comes to adopting AI—and preparing for the inevitable regulations

A survey from SAS finds that 80% of Chinese business leaders are already using GenAI in their organization's operations.

Baidu Driverless Car Incident Highlights Autonomous Driving Challenges

Baidu Driverless Car Incident Highlights Autonomous Driving Challenges

Incident involving Baidu's driverless car in Wuhan sparks discussions on challenges faced by autonomous driving technology.

Chinese developers scramble as OpenAI blocks access in China

Chinese developers scramble as OpenAI blocks access in China

US firm’s move, amid Beijing-Washington tensions, sparks rush to lure users to homegrown models

The Guardian - UK

Tencent boosts 100,000 GPU-capable AI clusters with network optimization — Xingmai 2.0 increases communication efficiency by 60% and LLM training efficiency by 20%

Tencent boosts 100,000 GPU-capable AI clusters with network optimization — Xingmai 2.0 increases communication efficiency by 60% and LLM training efficiency by 20%

Tencent strengthens its AI prowess by speeding up network speed.

Tom’s Hardware

China's AI model glut is a 'significant waste of resources' due to scarce real-world applications for 100+ LLMs says Baidu CEO

China's AI model glut is a 'significant waste of resources' due to scarce real-world applications for 100+ LLMs says Baidu CEO

Industry experts expect China's over 100 publicly-available LLMs to be pared down to just five in the next few years.

Tom’s Hardware

How an ‘always-on’ work culture can create a vicious cycle that damages workers and employers

How an ‘always-on’ work culture can create a vicious cycle that damages workers and employers

The glamorisation of high-pressure work environments, like the infamous “996” culture (where staff work from 9am until 9pm six days a week), often portrays relentless dedication and long hours as key to career success.

The Conversation

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Tom’s Hardware

Local Chinese firms rush to fill the AI void after OpenAI abandons China market — Tencent, Baidu, and Alibaba sweeten LLM offers

OpenAI announced that it China, including Hong Kong, will no longer have access to its API by next week. Home-grown LLMs are now taking steps to woo customers their way.

China’s AI companies are reportedly rationing the use of their services because they don’t have enough chips

Blame the U.S. and its export controls blocking AI chip sales to China.

3 Top AI Stocks to Buy for Long-Term Upside

AI stocks are hot, but separating winners from the hype is crucial. Discover three AI stocks with solid fundamentals and significant growth potential.

International Business Times

Tesla-Baidu Deal Brings Giant Closer To Launching Full-Self Driving Technology In China

The deal between Tesla and Baidu brings Elon Musk's company closer to rolling out full FSD in China.

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What Toyota, Subaru And Mazda Aren’t Telling Us About Their Future Powertrains

Toyota, Subaru and Mazda want to plonk ICE engines running on synthetic fuels into cars built natively for EV powertrains.

The race to lead China's AI sector heats up as ByteDance, Alibaba and Baidu offer their models at rock-bottom prices

China's AI providers are slashing prices after TikTok-owned ByteDance unveiled new AI models that it claimed cost 99% less than the competition.

Tom’s Hardware

China firms' AI breakthrough can meld GPUs from different brands into one training cluster — Baidu says new tech fuses thousands of GPUs together to help sidestep shortages

Baidu developed a system that will let it use GPUs from different brands and use it as a unified computing cluster for training LLMs.

Baidu Considers Using Tesla's Robotaxi Tech In China

Baidu says that it may consider a partnership with Tesla to utilize tech from its upcoming robotaxi product in the Chinese market.

Investors Business Daily

This Lidar Stock Is Surging While Tesla Looks To Build Self-Driving Data Center In China

Ouster is up more than 50% in 2024 and has been rallying since reporting earnings last week.

The one key difference between the U.S. and China in the AI arms race

The U.S. seems determined to keep its lead even at the risk of other hazards.

Hong Kong Stock Market Sees Strong Rally Despite Geopolitical Challenges

Asian markets resilient with strong Q1 earnings from JD.com and Baidu, Hong Kong real estate and healthcare sectors perform well amidst positive conditions.

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