Baidu (BIDU) Prices $1B Notes Offering

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Baidu (BIDU) to Sell $1 Billion of Dollar Bonds in Two Parts - Bloomberg

August 18, 2021 12:45 PM EDT

Baidu (NASDAQ: BIDU) to Sell $1 Billion of Dollar Bonds in Two Parts - Bloomberg

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Baidu (BIDU) Announces Upgraded Baidu Brain 7.0 and Mass Production of 2nd Generation Kunlun AI Chip

August 18, 2021 10:57 AM EDT

Baidu today showcased its strengths in artificial intelligence technology with the launch of Baidu Brain 7.0, the start of mass production of its 2nd generation Kunlun AI chip, Kunlun II, and the demonstration of industrial applications using Baidu AI Cloud. Shared at Baidu World 2021, Baidu's annual flagship technology conference, the announcements represent the depth of Baidu's expertise in AI technology and industrial practice, and its efforts to make AI technology more accessible.

"AI technology is growing increasingly complex, and integrated innovation has made AI more powerful," said Haifeng Wang, Baidu's Chief Technology Officer at Baidu World 2021. As AI... More

Baidu (BIDU) Announces Autonomous Driving Milestones at Baidu World 2021

August 18, 2021 8:37 AM EDT

Today, Baidu held its annual flagship technology conference, Baidu World 2021, where Co-founder and CEO Robin Li unveiled his vision for mobility of the future alongside a new robotaxi mobile platform that aims to make autonomous vehicles more accessible to the broader public. Together, these announcements demonstrate how the Baidu Apollo intelligent driving program is leading the way towards the era of autonomous driving 2.0 shifting from technical verification to large-scale commercial operation.

"We believe that cars of the future will be robocars. They will drive autonomously, act as both an intelligent assistant and loyal companion, and be self-learning," said... More

Baidu (BIDU) PT Lowered to $200 at Susquehanna

August 18, 2021 6:42 AM EDT

Susquehanna analyst Shyam Patel lowered the price target on Baidu (NASDAQ: BIDU) to $200.00 (from $250.00) while maintaining a Positive rating.... More

Baidu (BIDU) 30-day option implied volatility flat at 43

August 18, 2021 4:55 AM EDT

Baidu (NASDAQ: BIDU) 30-day option implied volatility is at 43; compared to its 52-week range of 31 to 85

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Baidu says 2nd-gen Kunlun AI chips enter mass production

August 18, 2021 2:12 AM EDT

BEIJING (Reuters) - Chinese tech giant Baidu said on Wednesday it had begun mass-producing second-generation Kunlun artificial intelligence (AI) chips, as it races to become a key player in the chip industry which Beijing is trying to strengthen.

The new generation of Kunlun AI chips, using 7 nm process technology,... More