Sources: Tesla Plans to Test Its "Robotaxi" in China
Elon Musk, the CEO of the United States electric vehicle maker Tesla, proposed testing the full self-driving, or FSD, functions of its vehicles in the Chinese market by deploying them as "taxis" during his recent visit to China, and sources indicated that the Chinese government may have offered partial support for this plan.
What does Wen Xin say about the Baidu Vice President incident? Said it “reflects the true mentality of some business managers”
Sina Technology News reported on the afternoon of May 7. Today, Baidu Group Vice President Lu Jing sparked a lot of negative public opinion due to comments such as “approving employee resignation applications in seconds” in video content that was personally created and posted on the Douyin account. Subsequently, circumstances such as the purchase of other people's accounts and fan data on its Douyin account also sparked widespread controversy. What do you think about this incident, Baidu's artificial intelligence product “Wenxin Yime”? When asked, “How do you evaluate the incident where Baidu Group Vice President Lu Jing set up a Douyin account on Douyin and as a female boss, 'Employees couldn't stand the intense business trip and agreed to leave their job' in seconds?” From time to time, Wenxin said in a nutshell
Baidu Keeps Buy Rating at Benchmark but Sees Price Target Cut Ahead of Earnings
Benchmark maintained its Buy rating on Baidu (NASDAQ:BIDU) but lowered its price target on the stock to $180 ahead of the company's first quarter results on May 16.
Don't Rate Tesla's Full Self Driving Too Highly, Tech Investor Says: 'By No Means Autonomous Driving'
Mark Hawtin, GAM's investment director focused on technology, told CNBC expectations surrounding the capabilities of Tesla's Full Self Driving product in China are misleading.
Changes in Hong Kong stocks | Technet stocks strengthened again, the Hang Seng Technology Index rose more than 4% to reach the 4,000 mark, JD Group - SW (09618) rose more than 6%
Technology Network stocks strengthened again in early trading, and the Hang Seng Technology Index rose more than 4% and successfully reached the 4,000 mark. As of press release, JD Group-SW (09618) rose 6.48% to HK$128.2.
[Broker Focus] Tianfeng Securities raised Baidu Group's (09888) target price by 4.5% to HK$139, and the lightweight model is expected to drive cloud business development
Jinwu Financial News | Tianfeng Securities released a research report that Baidu Group's (09888) 24Q1AI cloud business revenue reached 4.5 billion yuan, achieving a 9% year-on-year increase. Benefiting from the impact of AI on cloud driving and the significant reduction in inference costs of the company's Wenxin model series, the superposition of the lightweight model compared to the open source model, the incremental focus of additional revenue from the cloud business has shifted from model training to model inference. The increase caused by the significant reduction in inference costs feeds back the cloud business, which is expected to drive the development of the cloud business. According to the bank, Baidu continues to invest in the AI field, developing lightweight models around the idea of “MoE, small models, and smart devices”, with significant inference costs
[Special Offer V] Deng Shengxing: Federal Reserve Holds Interest Meeting, Investors Remain Cautious
Jinwu Financial News | The Hang Seng Index closed at 17,746 points on Monday (29th), up 95 points, or 0.5%. Full-day transactions amounted to $163.417 billion. The national index rose 13 points, or 0.2%, to 6282; the technical index fell 4 points, or 0.1%, to 3713. Blue Chip AIA (01299)'s new business value hit a quarterly high of 6.1% last quarter; the first-quarter results were announced tomorrow (00005), which rose slightly by 0.9% throughout the day; domestic housing stocks continued to be hot, especially second-tier domestic housing, and Shimao (00813) surged 60.6%; Times China (01233) surged 30.7%; the Dow on Monday (2)
Baidu Ranks First in Nation in AI Patent Applications
Chinese tech giant Baidu Inc ranked first in terms of artificial intelligence patent applications and authorizations across the nation, as the company remains steadfast in technological innovation to nurture new quality productive forces.
Tesla Clears China Data Security Rules, to Partner With Baidu Over Self-driving Tech: Report
Elon Musk's surprise trip to China appears to have yielded results, with Tesla reportedly passing a crucial regulatory bar for its new driver assistance technology, and partnering with one of the country's biggest tech names.
Changes in Hong Kong stocks | Baidu Group-SW (09888) rose by more than 6% in the afternoon. News says Tesla may cooperate with Baidu for map navigation
Baidu Group - SW (09888) rose more than 6% in the afternoon. As of press release, it rose 4.06% to HK$105, with a turnover of HK$1,256 billion.
Hong Kong Stock Concept Tracking | Tesla Receives Attention in Response to FSD's Entry into China's Autonomous Driving Concept (with concept stocks)
The market's recent focus on Tesla entering China with fully autonomous driving
[Broker Focus] Guoyuan International: AIGC will greatly promote the development of the metaverse
Jinwu Financial News | Guoyuan International said that AIGC will greatly promote the development of the metaverse. Large amounts of digital native content in the metaverse require AI to help complete the creation. AIGC uses artificial intelligence technology to generate content and is considered a new type of content creation after PGC and UGC.
Baidu Says Its ChatGPT-like Ernie AI Bot Garners 200 Million Users
Baidu's (HKG:9888) ChatGPT-like Ernie AI bot has garnered 200 million active users since its debut less than a year ago, with the Ernie API handling 200 million queries a day, according to a press sta
Ernie Bot Helps Baidu Double Down on AI Push
Chinese tech heavyweight Baidu Inc said on Tuesday its large language model and ChatGPT-like chatbot Ernie Bot has garnered more than 200 million users since its debut in March 2023.
CICC: Maintaining Baidu Group-SW (09888) “Outperform the Industry” Rating Target Price of HK$146.9
The Zhitong Finance App learned that CICC released a research report stating that while maintaining Baidu Group-SW (09888)'s “outperforming industry” rating, revenue and non-standard net profit forecasts for 2024 and 2025 remain unchanged, with a target price of HK$146.9. Baidu held the Create2024 Baidu AI Developer Conference on April 16. At the conference, management announced the latest developments in the Wenxin Big Model and released new AI tools for developers. CICC's main views are as follows: the scale of API calls is growing rapidly, and the underlying model continues to improve. Currently, the number of Wenxin Yiyue users has exceeded 200 million (announced at the end of December '23
Market Chatter: Jiyue Auto Shakes Up Management, CEO Takes Over Marketing to Boost Sales
Jiyue Auto, a premium smart car brand set up by Baidu (HKG:9888) and Geely Automobile Holdings (HKG:0175) parent Zhejiang Geely Holding, is undergoing a leadership shakeup in its marketing and sales d
Baidu Group-SW (09888.HK) plans to hold a board meeting on May 15 to approve financial results for the first quarter
Gelonghui, April 12 | Baidu Group - SW (09888.HK) issued an announcement. The board of directors will hold a board meeting on May 15, 2024 (Wednesday) to approve the unaudited results and announcements for the three months ending March 31, 2024 (“Financial Results Announcement for the First Quarter of 2024”). The financial results announcement for the first quarter of 2024 will be uploaded to the Stock Exchange website and the company website after the Hong Kong Stock Exchange trading time on May 16, 2024 (Thursday) (Beijing/Hong Kong time) and before the opening of the US market (.
BIDU-SW: DATE OF BOARD MEETING
BIDU-SWR: DATE OF BOARD MEETING
[Broker Focus] CCB International's Sora model will be favored by many companies and consumers to accelerate the monetization process of this technology
Jinwu Financial News | CCB International says artificial intelligence (AI) has been iterating at an astonishing rate since ChatGPT was launched in November 2022. OpenAI's launch of Sora is undoubtedly a major milestone for AIGC recently. Based on the possibility of the Wensheng video model being commercialized across industries, the bank believes that this market has huge potential. In China in particular, as the government publicly emphasizes speeding up the formation of new quality productivity, cultivating new momentum, and promoting the country's high-quality development through scientific and technological innovation, the bank believes that the Sora-like model will be favored by many enterprises and consumers, thus accelerating the
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