China Floods the World With AI Models After DeepSeek's Success [Yahoo! Finance Canada]
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Since DeepSeek upstaged OpenAI in January with a powerful model that purportedly cost just several million dollars to build, China's tech leaders have flooded the market with a rapid succession of low-cost AI services, undercutting premium offerings from the likes of OpenAI and Alphabet Inc.'s Google. Chinese companies have in the past two weeks rolled out no fewer than 10 major product updates or releases — and that's just the big names. Baidu Inc. unfurled the Ernie X1 in direct competition with DeepSeek's R1. Alibaba Group Holding Ltd. followed suit with its own AI agents and reasoning model upgrade. Just in the past week, Tencent Holdings Ltd. trotted out its AI blueprint and answer to the R1; Ant Group Co. shared findings on how Chinese chips can slash costs by a fifth; DeepSeek itself upgraded the V3 model. Even Meituan — best known as the world's biggest meal-delivery service — announced it was splashing out billions of dollars on AI. The rapidly
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BIDU
Earnings
- 11/18/25 - Beat
BIDU
Sec Filings
- 12/8/25 - Form 6-K
- 11/18/25 - Form 6-K
- 10/21/25 - Form 6-K
- BIDU's page on the SEC website