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Baidu unveils ChatGPT-rival Ernie Bot, shares tumble; 650 companies sign up

The company's Ernie bot is based off its AI-driven deep learning model, Ernie - short for "Enhanced Representation through Knowledge Integration"

Baidu unveils ChatGPT-rival Ernie Bot, shares tumble; 650 companies sign up
Updated On : 16 Mar 2023 | 10:53 PM IST

Is Xi Jinping a good leader? Here is what Chinese chatbot answered

According to experts, censors on chatbots could strengthen ideological control and further separate China digitally from the rest of the world

Is Xi Jinping a good leader? Here is what Chinese chatbot answered
Updated On : 16 Mar 2023 | 4:24 PM IST

US to China, tech giants hit the tracks in race for AI one-upmanship

ChatGPT Effect: Microsoft, Google, Baidu, Alibaba ready their own chatbot services

US to China, tech giants hit the tracks in race for AI one-upmanship
Updated On : 09 Feb 2023 | 3:41 PM IST

AI integration may soon fundamentally alter how we search on the internet

AI has found its way into a number of industries, from transportation to health. Now it is being integrated with search engines

AI integration may soon fundamentally alter how we search on the internet
Updated On : 09 Feb 2023 | 12:49 PM IST

Baidu's Q2 revenue contracts, but beats estimates on cloud business growth

Total revenue shrank by 5% to 29.65 billion yuan ($4.43 billion) in the second quarter, compared with analysts' average estimate of 29.30 billion yuan, according to Refinitiv data

Baidu's Q2 revenue contracts, but beats estimates on cloud business growth
Updated On : 30 Aug 2022 | 4:39 PM IST

China fines tech giants Alibaba, Tencent over anti-monopoly violations

Chinese tech giants including Alibaba Group and Tencent Holdings were fined Saturday for failing to report corporate acquisitions

China fines tech giants Alibaba, Tencent over anti-monopoly violations
Updated On : 20 Nov 2021 | 11:14 AM IST

Hong Kong's IPO market withers as billion-dollar listings lapse

China's regulatory onslaught leads to slowdown in the hub's market

Hong Kong's IPO market withers as billion-dollar listings lapse
Updated On : 18 Oct 2021 | 1:36 AM IST

China is unlikely to okay Baidu's $3.6 billion purchase of JOYY's YY Live

This follows Beijing's move to rein in gaming-related businesses and corporate expansion via deals, they said.

China is unlikely to okay Baidu's $3.6 billion purchase of JOYY's YY Live
Updated On : 24 Sep 2021 | 4:21 PM IST

China says ByteDance, Baidu, Microsoft improperly collected user data

China's internet watchdog said on Friday that companies including ByteDance, Baidu and Kuaishou had improperly collected user data.

China says ByteDance, Baidu, Microsoft improperly collected user data
Updated On : 21 May 2021 | 11:46 AM IST

China's Baidu posts 25% rise quarterly revenue on ad, cloud boost

Baidu, also known as China's Google, said total revenue rose to 28.13 billion yuan ($4.38 billion) in the first quarter ended March 31

China's Baidu posts 25% rise quarterly revenue on ad, cloud boost
Updated On : 18 May 2021 | 3:46 PM IST

Biggest Japan bank joins Nomura in bracing for Archegos loss: Report

Japan's largest bank warned of a potential $300 million loss related to a US client, a hit that's linked to Archegos, a person familiar with the matter said

Biggest Japan bank joins Nomura in bracing for Archegos loss: Report
Updated On : 31 Mar 2021 | 1:18 AM IST

US futures slip as bank stocks fall on hedge fund default concerns

ViacomCBS, Baidu and VIPShop fell between 0.2% and 1.5%

US futures slip as bank stocks fall on hedge fund default concerns
Updated On : 29 Mar 2021 | 5:26 PM IST

China's Baidu closes flat on debut as investors wary of fundraising spree

HONG KONG (Reuters) - Baidu Inc shares have closed flat in their Hong Kong secondary listing debut on Tuesday, bucking a trend of first-day pops on the bourse, as investors were wary of a fundraising flurry in the city and questioned the search company's growth plans.

China's Baidu closes flat on debut as investors wary of fundraising spree
Updated On : 23 Mar 2021 | 3:05 PM IST

China's Baidu raises $3.1 billion from Hong Kong secondary listing

The deal showed that the desire of Hong Kong's retail investors to buy into new stock market transactions shows no signs of slowing.

China's Baidu raises $3.1 billion from Hong Kong secondary listing
Updated On : 17 Mar 2021 | 8:37 PM IST

China's Baidu raises $3.08 billion from Hong Kong listing: Report

Chinese internet search giant Baidu Inc is set to raise $3.08 billion by pricing its shares at $HK252 each in its Hong Kong secondary listing, according to sources with direct knowledge of the matter

China's Baidu raises $3.08 billion from Hong Kong listing: Report
Updated On : 17 Mar 2021 | 10:26 AM IST

Baidu looks to raise $3.03 billion in Hong Kong listing

The final price for Baidu's shares will be set on March 17

Baidu looks to raise $3.03 billion in Hong Kong listing
Updated On : 11 Mar 2021 | 8:18 PM IST

China's Baidu to sell around 4% of shares in Hong Kong listing: Report

Baidu Inc will launch its Hong Kong secondary listing on Friday and will sell around 4% of its shares, which at current price will raise at least $3 billion, two sources said

China's Baidu to sell around 4% of shares in Hong Kong listing: Report
Updated On : 11 Mar 2021 | 12:14 PM IST

Trump admin shelves planned investment ban on Alibaba, Tencent, Baidu

Senior officials in the administration had been considering plans to add the firms to a list of alleged Chinese military companies, which would have subjected them to a new US investment ban

Trump admin shelves planned investment ban on Alibaba, Tencent, Baidu
Updated On : 14 Jan 2021 | 1:39 AM IST

China's Baidu to create an intelligent EV company with automaker Geely

China's search engine giant Baidu said it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles (EV)

China's Baidu to create an intelligent EV company with automaker Geely
Updated On : 11 Jan 2021 | 11:07 AM IST

Trump signs bill that could remove Chinese stocks from US markets

The measure, which could affect corporate giants like Alibaba Group Holding Ltd. and Baidu Inc., serves as another parting shot at Beijing before Trump leaves office in January

Trump signs bill that could remove Chinese stocks from US markets
Updated On : 19 Dec 2020 | 8:33 AM IST