Stock of the Day: Baidu — Will Buyer's Remorse Turn Support Into Resistance?
There are only a few guarantees in the stock market. One is that it is always trending. It is either going up, down, or sideways. Another guarantee is that sooner or later the trend will change.Shares
Express News | Ishares China Large Cap ETF Down 2%, Kraneshares CSI China Internet ETF Down 2.3%
Express News | Li Auto Slips 2.8%, JD.com Falls 2.1%, NIO Down 9%, Xpeng Down 9.6%
Express News | PDD Holdings Down 1.5%, NetEase Down 2.8%, Baidu Down 1.7%
Express News | U.S.-Listed Shares of Chinese Companies Fall as China Stocks Close at 4-1/2 Month Low
What's Going On With Chinese AI Stocks Alibaba, Baidu, JD On Friday?
Chinese tech stocks, including Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc (NASDAQ:BIDU), and JD.Com, Inc (NASDAQ:JD), are trading lower Friday after Baidu intensified domestic artificial in
Express News | Li Auto Down 2.1%, Xpeng Down 5.3%
Express News | NetEase Down 2.6%, Baidu Down 1.3%
Express News | Alibaba Group Down 1%, JD.com Down 1.9%, PDD Holdings Down 1.4%
Express News | U.S.-Listed Shares of Chinese Companies Fall Premarket as China Stocks Close at 4-1/2 Month Low
Baidu's CEO Li Yanhong said at WAIC that the reason he is bullish on Asia Vets is because of its low barrier to entry - anyone who can run it, can create a super app.
Sina Technology News, on the afternoon of July 5, 2024 World Artificial Intelligence Conference (WAIC 2024), Baidu's founder, chairman and CEO Robin Li pointed out in the presentation that intelligent entities are in outbreak, but the current number of intelligent entities is relatively small and the sensation is not so strong. However, if you look at the industry's large model companies, they are all doing intelligent entities. In Li Yanhong's view, an intelligent entity is a large-model-based application that is almost universally applicable. Most AI native applications today can be done using intelligent entities and the effects are good. Because its threshold is low enough, it can...
Robin Li: The transformation of existing formats by large models comes earlier than the subversion from 0 to 1.
Sina Technology News, on the afternoon of July 5th, during the World Conference on Artificial Intelligence (WAIC) 2024, Baidu founder, chairman and CEO Robin Li pointed out in his sharing that large-scale model applications have actually gradually emerged, and their role in transforming existing business formats is earlier than the disruptive effect from 0 to 1. Li Yanhong said that at the beginning of this process, everyone didn't think it was that sexy, but its promotion role in improving work efficiency, reducing costs, opening up new possibilities, is even greater than those applications from 0 to 1. "If only
Baidu Upgrades Ernie AI Model, Cuts Pricing Further
WAIC Exclusive | Robin Li: Open source models are an intellectual property tax, and intelligent agents are exploding.
On the afternoon of July 5th, during the WAIC 2024, Baidu founder, director and CEO Robin Li said that open source is actually a kind of intelligence tax. "When you think rationally about what value big models can bring and at what cost they can bring that value, you'll find that you should always choose closed source models. Today, closed source models like ChatGPT and Wenxin Yiyans are definitely more powerful and have lower reasoning costs than open source models." When asked about when AI super applications will appear, Robin Li said, "It's not about suddenly having an AI super application, it's about a gradual process, step by step. It's not that one day suddenly everything will come true, it's a gradual process. By 2038, we will have enough time to build a true AI era."
Market Chatter: Baidu Chairman Calls on LLM Makers to Stay Away From Tech Competition, Focus on Apps
Baidu (HKG:9888) Chairman Robin Li called on Chinese large language model developers to steer clear of the competition in the technology sector, but instead compete in the application of Large languag
Li Yanhong: 'Super capable' applications are more important than 'super applications' with 1 billion DAU in WAIC.
On the evening of July 4th, Li Yanhong, the founder, chairman, and CEO of Baidu, spoke at the 2024 World Artificial Intelligence Conference and the high-level forum on the development of the artificial intelligence industry and global governance, stating that we should break away from the thinking logic of the mobile era and avoid falling into the 'super application trap.' Success should not be solely defined by 1 billion DAU. Li Yanhong also pointed out that the intelligent entity is the easiest AI application to develop and is the development direction of AI applications that we are most bullish about. In the speech, Li Yanhong once again talked about open-source and closed-source big models, stating that open-source big models have specific applications in academic research, teaching, and other fields.
C.banner (01028.HK): Miu Bingwen resigns as a non-executive director.
C.banner (01028.HK) announced on July 4th that Miao Bingwen has resigned from the company's non-executive director and member of the board of directors' audit committee and remuneration committee, effective July 4th, 2024, due to the need to allocate more time to other businesses.
WAIC | A Conversation with Yan Junjie, Founder of MiniMax: Only 5 Large Model Companies Will Remain in the Global Future
On the afternoon of July 4th, during the 2024 World Artificial Intelligence Conference (WAIC 2024), Yan Junjie, the founder of MiniMax, told Sina Technology, "In the future, there will only be five large model companies left in the world, and I don't know how many of them will be in China." In his view, the proportion of AI markets between internet companies and AI startups in the AI era may be more miserable than the proportion of internet and mobile internet companies, with an extreme ratio of up to 9:1." Prior to this, Zhu Xiaohu, managing partner of Hillhouse Venture, had stated in an interview with Sina Technology and other media outlets.
WIPO: China leads the global AI patent race with six times more applications than USA.
A new report released by the World Intellectual Property Organization on Thursday shows that China dominates the global competition in generative artificial intelligence patents. From 2014 to 2023, China applied for more than 38,000 patents in this field, which is six times the number of patents applied for by American inventors. Tencent, Ping An Insurance, and Baidu rank among the top three in generative AI patent applications globally. Generative AI is an artificial intelligence that allows users to generate text, images, music, audio, video and other content. China is far ahead in the invention field for the past decade with 38,210 patents, far exceeding the number of patents filed by the United States (6,276) and South Korea (41).
Baidu Options Spot-On: On July 3rd, 67,882 Contracts Were Traded, With 355.11K Open Interest
On July 3rd ET, $Baidu(BIDU.US)$ had active options trading, with a total trading volume of 67,882 options for the day, of which put options accounted for 14.72% of the total transactions, and call op