Baidu, Inc. (BIDU)
Company News
Chinese stocks experienced a boost due to optimistic trade negotiations, AI enthusiasm, and potential easing of US-China tensions, with President Trump and Xi Jinping expected to discuss trade and technology issues in an upcoming phone call.
Wall Street is showing renewed interest in Chinese tech stocks, particularly Alibaba and Baidu, despite geopolitical tensions. These companies offer growth potential at discounted valuations, with strong earnings and expanding market opportunities in Asia.
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DEEPX, an AI semiconductor company, signed a technology partnership with Baidu to collaborate on AI solutions for drones, robotics, and OCR, leveraging Baidu's PaddlePaddle deep learning framework.
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