Baidu

Apple plans December AI launch in China, Bloomberg says

Apple plans to launch Apple Intelligence in mainland China in December as part of its iOS 27.3 update, Bloomberg reported on Wednesday, citing people familiar with the matter. Regulatory delays have kept the company's AI features out of one of…

Baidu CFO says AI margins approach search-level profitability

Baidu CFO Henry He said the company's AI business margins are on track to match those of its legacy search and advertising operations in the near term, as the Chinese tech giant's artificial intelligence revenue now accounts for more than…

AI token prices hit record low as index falls below $1

The cost of running artificial intelligence models has fallen to its lowest point on record, capping a months-long price war led by Chinese AI labs that has cut inference costs by more than half since early summer.

Baidu rules out share placement after Alibaba’s record $10B AI fundraise

Baidu moved quickly to reassure investors it will not follow Alibaba in tapping equity markets, saying its existing cash reserves and operating cash flow are sufficient to fund its business development. The statement came hours after Alibaba priced a landmark…

Uber launches Baidu’s driverless robotaxis in Dubai

Uber Technologies and Baidu on Thursday launched fully driverless Apollo Go robotaxis on the Uber platform in Dubai, marking the first real-world deployment of a multi-year partnership aimed at scaling thousands of autonomous vehicles across global markets.

China approves Apple Intelligence for iPhones after year-long regulatory wait

China's Cyberspace Administration on Wednesday granted Apple regulatory approval to deploy its generative AI service, Apple Intelligence, on iPhones in the country, ending more than a year of regulatory limbo for the tech giant in its largest market outside the…

Baidu’s Kunlunxin targets $50B valuation in Hong Kong IPO

Baidu's artificial intelligence chip unit Kunlunxin is seeking a $50 billion valuation for its Hong Kong initial public offering, a dramatic leap from the roughly $3 billion the company was valued at in its last private fundraising round, according to…