Page 39 - Baidu News Today

Baidu, Inc. (NASDAQ:BIDU – Get Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 4,210,000 shares, a decrease of 7.7% from the July 15th total of 4,560,000 shares. Based on an average daily volume of 2,330,000 shares, the […]

China’s economic woes increase the pressure on some of the country’s largest internet companies, including Alibaba, JD.com and Baidu.

/PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong internet foundation, announced a...

Baidu, Inc. (NASDAQ:BIDU – Get Free Report) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 4,210,000 shares, a drop of 7.7% from the July 15th total of 4,560,000 shares. Based on an average trading volume of 2,330,000 shares, the days-to-cover ratio is […]

BYD has walked away from a deal to equip its EVs with Baidu’s autonomous driving technology, as the world’s leading EV maker pursues in-house development of such software, two sources said.

Electric vehicle makers and AI companies are taking Tesla FSD-like systems to China, but it’s still out of reach for most consumers.

U.S. companies are already heavily restricted from investing in China but potential future curbs on exports are likely to be a bigger deal.

Baidu, ByteDance (the parent company of TikTok), Tencent, and Alibaba have collectively placed orders worth a staggering USD 5 billion, underlining the escalating demand for advanced computing power, , nvidia, baidu, ByteDance, tencent, alibaba

The Chinese groups purchased $4 billion worth of graphics processing units to be delivered in 2024.

Washington wants to curb investment in China to protect U.S. technology – Beijing wants to fight back. According to a report, companies such as Baidu, ByteDance or Alibaba are relying on urgent purchases from a US manufacturer. China wants to "resolutely defend their own rights and interests," the Chinese state broadcaster CCTV quoted a spokesman for the Foreign Ministry in Beijing as saying on Thursday. The dispute over high-performance chips could exacerbate tensions between the worl...