Baidu is expected to report a jump in net profit but a small decline in revenue as it looks to reassure investors it is a serious player in China's artificial-intelligence scene.

Chinese search engine group Baidu , said on Tuesday that the success of AI company DeepSeek had inspired it to embrace an open source model, under which the source code of its upcoming generative AI chatbot release will be publicly available.

Search engine giant Baidu beat quarterly revenue estimates on Tuesday, indicating some recovery in the Chinese advertising market. Baidu has offset losses through its AI Cloud segment's growth, and in a strategic shift amid intensifying competition,

Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.

The Hong Kong shares of Baidu plunged on Monday, wiping $2.4 billion off its market value, after the founder of the Chinese search engine giant was not spotted at a rare meeting between President Xi Jinping and corporate leaders.

The Beijing-based internet company said Tuesday that fourth-quarter revenue fell 2.4%, better than analysts’ estimates.

The broader rally in Chinese tech stocks highlights how DeepSeek's cost-efficient model could spur developments in China's AI sector.

U.S.-listed Chinese stocks trading higher in premarket on Friday as Chinese companies raise funds overseas and Alibaba reports strong quarterly results. Alibaba also plans to increase investments in Cloud and AI.

Baidu makes ERNIE Bot free to stay ahead in China’s AI race, facing competition from DeepSeek, Alibaba, and ByteDance.

The successive announcements reflect the squeeze that Baidu and other firms face in the intensifying AI race in China, particularly following DeepSeek’s recent release. The Chinese startup’s ...

(Reuters) - Chinese search engine group Baidu said on Tuesday that the success of AI company DeepSeek had inspired it to embrace an open source model, under which the source code of its upcoming ...