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Harvard Business Review's Future of Business Virtual Conference Returns on October 16
Has Baidu abandoned the Generalized Large Model? Wenxin, the market leader, says it's pure rumor.
Sina Technology News, afternoon of September 9th, in response to the recent online rumors about the abandonment of the general large model behind Wenxin Yiyu, Zhang Quanwen, head of the marketing department of Wenxin Yiyu, posted on Moments, "The so-called 'abandonment of general large model R&D' is purely a rumor! Wenxin Yiyu has just completed a comprehensive upgrade in functionality. We will continue to increase our R&D investment in the field of general large models."
2 Major Risks Investors Should Know Before Buying Baidu Stock
New AI Supply Chain Standard Brings Together Ant, Tencent, Baidu and Microsoft, Google, Meta
Guangzhou Hi-Target Navigation Tech (300177.SZ): has business cooperation with Baidu Apollo in the field of high-precision differential positioning solution products and related technologies.
Guangzhou Hi-Target Navigation Tech (300177.SZ) stated on the investor interaction platform on September 6th that the company has business cooperation with Baidu Apollo in the high-precision differential positioning solution products and related technical fields, and has delivered 5G+V2X smart antenna for mass production. Currently, the revenue from the company's high-precision business in intelligent driving vehicles accounts for a relatively small proportion of the overall revenue. Investors are advised to pay attention to investment risks and make rational decisions.
US stocks closed with mixed performance for the three major indexes. Tesla rose more than 9% over the past two days, while NIO soared 14% after its performance announcement.
Before the non-farm data, there is new evidence of the cooling of the US job market, and economic concerns support a substantial rate cut bet. The yield curve of the 2-year/10-year US Treasury bonds, which briefly inverted for the third time in two years. The S&P 500 fell for the third consecutive day, with Broadcom falling more than 4% after hours, Tesla rising nearly 5%, and Nvidia and Chinese concept stocks rising nearly 1%. The yen reached a one-month high, and the offshore renminbi rose by 300 points to break 7.09 yuan. Gold rose briefly by 1%, and oil prices rose more than 2% before falling. US oil fell below $70 for the first time in 15 months over two days.
DeadHead77 : Why would apple release china AI news during their event in the US? Have they ever done that before.....
puppydip OP DeadHead77 : It's a necessity for them to find an AI enabled partner in china to launch an AI iPhone in China. Since OpenAI is banned in China, the next powerful source in line is either Huawei or Baidu. Huawei is a tough competitor to them, hence leaving Baidu the sole alternative.
Of course, $Alibaba (BABA.US)$ or other AI China players can be considered. But $Baidu (BIDU.US)$ remains the best alternative.
I like the PB ratio BTW
BC_76 : something is brewing .... wait for the catalyst. dyodd.
DeadHead77 puppydip OP : Oh I agree with PB Ratio logic. the stock is undervalued. Im just saying that I think the likelihood of apple announcing a partnership today with Baidu is close to 0%
puppydip OP DeadHead77 : They did mentioned about tencent game. For $Baidu (BIDU.US)$ to pump, you don't need Aapl to announce openly. The more Aapl event touches on AI, the more the event will act as a catalyst for $Baidu (BIDU.US)$
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