HONG KONG — Baidu Inc. posted another quarterly revenue decline and an unexpected net loss, while its latest AI model failed to impress investors last week, reflecting the struggle of Chinese tech giants to balance investments in AI development with revenue generation. Source link
Limiting AI use in military applications and ensuring global AI governance could ease collaboration and dialogue between China and the US as they vie for influence over the transformative technology, according to experts at a forum in Hong Kong on Monday. Their remarks came as artificial intelligence is being increasingly adopted in the defence sector,…
AI is already squeezing some entry-level roles, but the CEO of Google says even the top corporate job isn’t safe. “I think what a CEO does is maybe one of the easier things maybe for an AI to do one day,” Sundar Pichai told the BBC in an interview that aired Tuesday. The Google boss…
French President Emmanuel Macron said on Tuesday that Europe does not want to be a “vassal” that is dependent on US and Chinese tech companies, calling for a “European preference” in the sector. “Europe doesn’t want to be the client of the big entrepreneurs or the big solutions being provided either from the US or…
Chinese internet search giant Baidu on Tuesday reported a 50 per cent increase in artificial intelligence-related revenue in the three months ended September from a year ago, which was the bright spot to an otherwise lacklustre financial quarter. The Beijing-based company’s third-quarter revenue declined 7 per cent year on year to 31.2 billion yuan (US$4.4…
Fintech giant Ant Group, an affiliate of Alibaba Group Holding, has unveiled what it called China’s first multimodal artificial intelligence assistant capable of producing code-driven outputs, including “flash apps” in as little as 30 seconds. LingGuang, described as a next-generation multimodal AI assistant, was designed to help users create a variety of simple apps –…
The recovery of China’s tech stocks from their trough is still at an early stage, as the country’s emergence as an artificial intelligence superpower reshapes global platforms and lures Western capital back, according to a senior investment banker at JPMorgan. As Chinese entrepreneurs expanded their businesses globally and deepened their involvement in AI, their companies…
Published: Nov. 17, 2025 at 2:10 p.m. ET Cryptocurrency stockpiler Strategy might have an obstacle in its path to S&P 500 inclusion — in the form of an “elephant” currently residing in the S&P Small-Cap 600 index. That’s Stephens analyst Melissa Roberts’s term for Sandisk SNDK, the maker of storage devices whose red-hot stock in recent…
Chinese state-sponsored hackers used Anthropic’s artificial intelligence technology to conduct a largely automated cyberattack against a group of technology companies and government agencies, the company said on Nov 13. Anthropic, an AI startup, claimed that the large-scale online espionage campaign in September was the first reported case of an AI-powered agent gathering information on targets…
Charlie Garcia is the founder of R360, a global community of individuals and families with a net worth of $100 million or more. He is editor-in-chief of the Night Owl, R360’s exclusive publication delivering contrarian insights into global markets. Garcia is the author of the books “A Message From Garcia” and “Leadership Lessons of the…