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BIDU Earnings: Baidu reports higher Q1 2025 revenue; adj. profit drops

Baidu, Inc. (NASDAQ: BIDU) on Wednesday reported an increase in revenue for the first quarter of fiscal 2025. Earnings, on an adjusted basis, declined in Q1. Total revenues of the China-based internet search service provider increased 3% year-over-year to RMB32.5 billion ($4.47 billion) in the March quarter. The Baidu app had 724 million monthly active … Read more

Baidu, once China’s generative AI leader, is battling to regain its position

Baidu has launched a slew of AI applications after its Ernie chatbot received public approval. Sopa Images | Lightrocket | Getty Images Chinese tech giant Baidu has released two new artificial intelligence models as it vies to regain its leading position in the country’s fiercely competitive AI space.  The Baidu models launched Sunday included the … Read more

Baidu shares jump 10% following release of new open-source AI models

ZHEJIANG, CHINA – MARCH 16 2023: A view of the logo of ERNIE Bot, an AI chatbot service developed by Chinese search engine Baidu, March 16, 2023. Long Wei | Future Publishing | Getty Images Shares of Chinese tech giant Baidu were trading up 10.7% in Asia on Tuesday, as investors appeared to react positively … Read more

Baidu launches two new versions of its AI model Ernie

Chinese search engine Baidu has launched two new AI models — Ernie 4.5, the latest version of the company’s foundational model first released two years ago, as well as a new reasoning model, Ernie X1. According to Reuters, Baidu claims that Ernie X1’s performance is “on par with DeepSeek R1 at only half the price,”, … Read more

Baidu releases reasoning AI model to take on DeepSeek

Baidu Inc. released a new artificial intelligence model that articulates its reasoning, in an apparent bid to regain momentum against up-and-coming rivals like DeepSeek. The Ernie X1 model by China’s internet search leader works similarly to DeepSeek R1 — which shocked Silicon Valley by offering comparable performance to the world’s best chatbots at a fraction of their … Read more

Chinese tech giant Baidu to release next-generation AI model this year

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in the second half of this year, according to a source familiar with the matter, as … Read more

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