Baidu
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Baidu reports Q1 revenue up 10% YoY to ~$4.5B and ~$834M net income, both above analyst estimates, driven by its ad and cloud businesses (Zheping Huang/Bloomberg)
Zheping Huang / Bloomberg: Baidu reports Q1 revenue up 10% YoY to ~$4.5B and ~$834M net income, both above analyst…
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Research papers and staff interviews detail the workarounds of Chinese companies like Huawei, Baidu, and Alibaba to develop AI systems without the latest chips (Wall Street Journal)
Wall Street Journal: Research papers and staff interviews detail the workarounds of Chinese companies like Huawei, Baidu, and Alibaba to…
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Baidu sues "relevant" app developers and Apple over fake apps for its Ernie bot on the App Store; Ernie, launched in March 2023, doesn't have an official app (Reuters)
Reuters: Baidu sues “relevant” app developers and Apple over fake apps for its Ernie bot on the App Store; Ernie,…
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Nvidia has developed the H800 chip, a version of the H100, for export to China; Alibaba, Baidu, Tencent, and other Chinese companies are already using the chip (Reuters)
Reuters: Nvidia has developed the H800 chip, a version of the H100, for export to China; Alibaba, Baidu, Tencent, and…
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Baidu announces its Ernie Bot in a pre-recorded video, with founder Robin Li talking over a scripted video of interactions with the AI; BIDU drops 5%+ (Bloomberg)
Bloomberg: Baidu announces its Ernie Bot in a pre-recorded video, with founder Robin Li talking over a scripted video of…
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Sources: ahead of its March 16 event, Baidu scrambles to ready its ChatGPT-style Ernie Bot, which struggles with basic tasks, to get ahead of its Chinese rivals (Wall Street Journal)
Wall Street Journal: Sources: ahead of its March 16 event, Baidu scrambles to ready its ChatGPT-style Ernie Bot, which struggles…
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Sources: Tencent established a team to work on "HunyuanAide", a ChatGPT-style chatbot using Tencent's Hunyuan training model, following Alibaba and Baidu (Josh Ye/Reuters)
Josh Ye / Reuters: Sources: Tencent established a team to work on “HunyuanAide”, a ChatGPT-style chatbot using Tencent’s Hunyuan training…
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Baidu reports Q4 revenue down 1% YoY to ~$4.8B, beating estimates, net income up 189% YoY to ~$718M, iQiyi revenue up 3% YoY to ~$1.1B, and a $5B share buyback (Zheping Huang/Bloomberg)
Zheping Huang / Bloomberg: Baidu reports Q4 revenue down 1% YoY to ~$4.8B, beating estimates, net income up 189% YoY…
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JD.com plans to launch an "industrial version" of a ChatGPT-like tool called ChatJD focused on retail and finance, following similar moves by Alibaba and Baidu (Arjun Kharpal/CNBC)
Arjun Kharpal / CNBC: JD.com plans to launch an “industrial version” of a ChatGPT-like tool called ChatJD focused on retail…
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