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'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hed…
Theron Mohamed
'Big Short' investor Michael Burry exits Amazon and Alphabet — but boosts Alibaba and bets on Baidu
Michael Burry, known for his huge bet against the mid-2000s housing bubble, sold US tech stocks and…
Theron Mohamed
Baidu's PR boss, who threatened to destroy workers' careers, has reportedly left the company
The Chinese internet giant's PR chief apologized after posting videos that demeaned workers who fai…
Hasan Chowdhury
Alibaba showcases its ChatGPT-style service
Alibaba showed off its version to the ChatGPT craze demonstrating new software that it plans to eve…
ANI
Chinese tech giant Baidu says its latest update to ChatGPT rival Ernie is 'not inferior in any respect' to GPT-4
Chinese search giant Baidu unveiled the latest version of its generative AI model, Ernie 4.0, on Tu…
Tom Carter
China's government-approved AI chatbots were released to the public this week. Baidu's chatbot Ernie reportedly says a Chinese military takeover of Taiwan is possible.
The Chinese government recently approved several generative AI chatbots. Bloomberg News tested them…
Aaron Mok,Alistair Barr
Baidu jumps as the Chinese search giant reportedly plans to launch its own version of ChatGPT
Baidu plans to initially embed its still-unnamed tool that's similar to ChatGPT into its main searc…
Carla Mozée
Baidu stock jumps 15% as the Chinese internet giant says it's readying its answer to ChatGPT
Shares in the search engine giant surged on the Hong Kong Stock Exchange as the company said it's m…
Ryan Hogg
Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
Shanghai is offering tax incentives and subsidies to kickstart the local economy after two months o…
Carla Mozée
Microsoft, Google, and Baidu are putting the final touches on their answers to ChatGPT. Here's what they have planned and what it means for investors.
Microsoft said it would launch a new version of Bing Tuesday, just a day after Google announced its…
George Glover
Baidu stock whipsaws after Chinese search giant posts revenue beat and announces $5 billion stock buyback plan
The Chinese search giant jumped as much as 7% in pre-market trading, but tumbled shortly after the …
Morgan Chittum
Alibaba soars 10% as Chinese tech stocks rally after Beijing signals it will pause crackdown on the sector and bolster economic growth
The rally was set off in the wake of a meeting by China's economic planning committee, the Politbur…
Carla Mozée
Chinese stocks fall after SEC warns Baidu of potential delisting for failing to comply with US financial audit
"If we're in the same place two years from now," many Chinese companies "would be suspended," SEC C…
Matthew Fox
Wall Street told 'China's Google' that it may have to delist amid ongoing US-China discussions over audit dispute
The SEC's decision to add Baidu to a watchlist intensifies a dispute over granting US officials ful…
Weilun Soon
A newly published rule brings the SEC closer to delisting stock of Chinese firms that don't allow themselves to be audited
SEC Chairman Gary Gensler had warned his agency could crack down on China-linked companies who don'…
Carla Mozée
More and more Chinese tech giants, including the search firm Baidu, are trademarking metaverse terms even as China continues to issue warnings about it
The Nasdaq-listed gaming giant NetEase and the e-commerce giant Alibaba have also jumped on the met…
Huileng Tan
Chinese tech giant Baidu is seeking to raise $3.5 billion in a Hong Kong stock listing, report says
Baidu is set for a second listing in Hong Kong. The move comes not long after Reuters reported the …
Will Daniel
As Chinese search giant Baidu moves to build electric vehicles, the company is holding talks for a majority stake in an AI chipmaker
Baidu is reportedly in talks with venture capital firms for a subsidiary chipmaker for electric veh…
Kevin Shalvey
Tech giant Baidu is in talks with investors to raise $2 billion for biotech startup
Tech giant Baidu plans to raise $2 billion for biotech startup that will use AI technology to devel…
Kate Duffy
The Trump administration unveiled a wild plan to wall off China from the US internet
Secretary of State Mike Pompeo said the new "Clean Network" initiative is aimed at keeping US data …