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Baidu

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Autra.tech’s troubles reflect the persistent funding challenges many start-ups face in mainland China. Photo: Autra.tech

Chinese self-driving truck start-up Autra.tech scales down operations

Financing issues and potential US sanctions prompt Autra.tech to cut salaries of staff, cancel new development and suspend delivery orders.

Alibaba cuts ‘dozens of employees’ at metaverse unit as sector’s hype cools down

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Transformers: the rise of smartphone makers in China’s EV arena

Horizon Robotics’ shares jump 28% in Hong Kong trading debut

Shares of Beijing-based tech firm changed hands at HK$5.12 when trading began, versus the IPO price of HK$3.99.

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Yu Kai, the chairman and chief executive of Horizon Robotics, at the trading debut of the company’s shares on the Hong Kong stock exchange. Photo: Aileen Chuang

Tim Cook returns to China as Apple Intelligence roll-out remains uncertain

The Apple chief executive is keeping his ear to the ground in one of the US tech giant’s largest markets.

When it comes to EVs, Chinese consumers are spoiled for choice

Extended range, autonomous driving, sofas, refrigerators … BYD, Li Auto, Xpeng, Geely, Nio and others tick all the boxes in their pursuit of consumers.

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Baidu eyes global markets for self-driving cars as Tesla gears up for robotaxis

Baidu’s Apollo Go completed about 899,000 rides in the three months to June this year, a year-on-year increase of 26 per cent.

The photo taken on August 1, 2024 shows a screen inside a driverless robotaxi operated by Baidu in Wuhan. Photo: AFP

TikTok owner ByteDance launches US$170 AI earbuds in China

The Ola Friend earphones are linked to ByteDance’s self-developed chatbot, Doubao, currently China’s most popular GenAI app.

Mistimed exits cost key investors US$3 billion in China’s stock rally

Beijing’s stimulus package has boosted Chinese stocks, but some investors missed out on billions in potential gains by selling their shares before the rally.

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Chinese self-driving tech firms pull out of US amid rising geopolitical tensions

Total distance driven by Chinese autonomous cars on public roads in California dropped almost 74 per cent in the 12 months to November 2023.

Didi’s autonomous driving cars have performed open road tests in China and the US. Photo: Handout

Tencent cashes in on Futu as China boosts economic stimulus

Tencent has been unwinding some of its investment portfolio and the Futu share sale is in line with the strategy, a source says.

The Tencent headquarters in Shenzhen, southern China. Photo: AFP

Wall Street jumps on China stocks after Beijing wields stimulus ‘big guns’

Chinese stocks are on a tear, and prominent figures including billionaire investor David Tepper and Goldman Sachs’ Scott Rubner are all in.

Tesla vs China: who is the winner in self-driving technology?

China’s EV makers are intensifying efforts in autonomous driving technology, with L3 systems expected in one million cars by 2026 despite regulatory hurdles.

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Alibaba’s DingTalk launches new service bundled with AI features

DingTalk 365 offers more than 10 features including AI-powered search, virtual assistant and automated reply.

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DingTalk’s new paid service reflects how China’s Big Tech firms are stepping up the roll-out of commercial generative artificial intelligence products. Photo: Shutterstock

US chokehold on China’s AI progress ‘unlikely to succeed’: report

China’s robust academic advancement and state-backed funding have made the nation a major challenger to the US in AI, according to ITIF.

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An exhibit of an AI model for lunar sciences at a Big Data industry expo in Guiyang, southwest China’s Guizhou province. Photo: Xinhua

China’s new AI app stirs dreams of Iron Man’s virtual assistant becoming reality

Fintech giant Ant Group entered Jarvis-like territory when it launched AI app Zhixiaobao, a new smart assistant designed for everyday use.

US and Chinese tech giants team up on AI supply chain standard

The new standard, introduced under a UN framework, is meant to guard against risks such as data leaks, model tampering and supplier non-compliance.

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Baidu rebrands flagship AI chatbot to stand out from rivals

The tech giant is leveraging its dominant position in the internet search market to gain an edge in the fast-growing Chinese AI sector.

The Baidu headquarters in Beijing. Photo: Reuters

Baidu-backed Jiyue fights for traction with second EV model launch

The company banks on autonomous-driving technology as it strives for a spot among the country’s top makers after lacklustre sales of its first model.

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Baidu blocks Google, Bing from scraping content amid demand for AI data

Wikipedia-style service Baidu Baike recently barred the search engine crawlers of Google and Bing from indexing its online content.

Baidu posts flat quarterly revenue as sluggish economy slowed advertising

The Chinese internet search giant’s second-quarter revenue reached US$4.7 billion, a slight 0.4 per cent dip from a year ago.

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Signage at Baidu’s headquarters in Beijing. Photo: Bloomberg

TikTok owner ByteDance launches new video search tool

Douyin Search allows users to find content on the popular short video app in China, in the company’s fifth crack at making a search app.

A man holding a phone walks past a sign display’s the logo of ByteDance’s app Douyin at the in Hangzhou, Zhejiang province, on October 18, 2019. Photo: Reuters

Baidu, SenseTime lead China’s market for business-focused LLMs, says IDC

Chinese AI giants Baidu and SenseTime, along with start-up Zhipu, are the country’s biggest providers of business-facing LLM services, according to a new report from IDC.

Chinese Robotaxi start-up WeRide delays US IPO on paperwork delay

The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week.

Opinion | Why Apple’s iPhone is losing its shine in China

Beyond geopolitics, the iPhone increasingly looks pricey and dull next to Chinese smartphones – and the iPhone 16 may not turn the tide.

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An Apple store in Beijing on February 2. Apple phones, once an undisputed status symbol in the eyes of Chinese youth, have seen a significant erosion of their market share in China. Photo: Bloomberg

ByteDance’s CapCut, Doubao top global AI app downloads, outpacing ChatGPT

CapCut, a popular video-editing app with GenAI features, recorded 38.42 million downloads in July, compared with 19.81 million downloads in the same period for ChatGPT.

ByteDance-owned video-editing app CapCut, which has GenAI features, has been widely adopted by TikTok, Douyin and Instagram users. Photo: Shutterstock

Tech giants boost Hong Kong stocks as investors eye Fed’s Jackson Hole meet

The benchmark Hang Seng Index maintains positive momentum as traders brace earnings season in Hong Kong and Fed’s rate move.

Hong Kong’s video gaming sector to get a boost from growing adoption of GenAI

City stands to benefit as this development burnishes its credentials in AI-powered entertainment.

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Baidu
百度
Baidu operates the largest and most widely used search engine in China. It also offers maps, translation and e-commerce and operates a music-streaming service and a mobile app market. Baidu owns a majority stake in iQIYI, dubbed China’s answer to Netflix. The company also invests heavily in autonomous driving and artificial intelligence.
Chairman / President
Robin Li
CFO / Finance Director
Rong Luo
Industry
Internet
Website
baidu.com
Headquarters address
Beijing, China
Stock Code
NASDAQ: BIDU
SEHK:9988
Year founded
2000
last updated:
27 August, 2024
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