Xpeng’s Gu says robotaxis won’t be a real business for at least five years

A Xpeng G9 is displayed at a store in a mall in Beijing on Feb. 29, 2024. Wang Zhao | AFP | Getty Images BEIJING — Self-driving taxis won’t be a significant business for at least five years, Xpeng Vice Chairman and Co-President Brian Gu said Thursday. That prediction comes as Elon Musk has promoted … Read more

SenseTime shares soar after announcing SenseNova 5.0 generative AI model

A logo of SenseTime is seen during 2021 China Content Broadcasting Network Exhibition at China International Exhibition Center on May 29, 2021 in Beijing, China. Visual China Group | Getty Images Shares of SenseTime Group surged more than 30% on Wednesday, after the Chinese AI giant announced its latest generative artificial intelligence model, called SenseNova … Read more

Baidu releases new AI tools to promote application development

Baidu CEO Robin Li speaks during the company’s Create conference in Shenzhen, China, on April 16, 2024. Bloomberg | Bloomberg | Getty Images SHENZHEN, China – One year after Chinese search engine operator Baidu released its ChatGPT-like Ernie bot, the company this week announced tools to encourage locals to develop artificial intelligence applications. “In China … Read more

Baidu says its ChatGPT-like Ernie bot exceeds 200 million users

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters SHENZHEN — Baidu CEO Robin Li said Tuesday the company’s ChatGPT-like Ernie bot has exceeded 200 million users. He added the company would hold another round of its AI development competition, … Read more

FOMO drives tech heavyweights to invest billions in generative AI

Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty Images Tech giants aren’t doing much acquiring these days, due mostly to an unfavorable regulatory environment. But they’re finding other ways to spend billions of … Read more

IQiyi posts first year of profits and says it’s ‘excited’ about Sora

A view of iQiyi’s website featuring a variety TV show, taken on Tuesday, Aug. 22, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese video content and streaming company iQiyi CFO Wang Jun said he is “excited” about potential new business opportunities with the emergence of OpenAI’s text-to-video tool Sora. Speaking exclusively to CNBC … Read more

Augmented reality glasses with AI voice assistant

The Oppo Air Glass 3 is a prototype set of augmented reality (AR) glasses with a voice assistant. Oppo BARCELONA – Oppo on Monday unveiled a prototype set of augmented reality (AR) glasses with a voice assistant, underscoring how electronics giants are trying to infuse artificial intelligence across their products to stand out. Oppo, a … Read more

Everything from health care to industrials

During the January Monthly Meeting this past Wednesday, we took questions directly from Investing Club members. Here are Jim Cramer’s and Director of Portfolio Analysis Jeff Marks’ responses. Their answers have been edited for clarity. 1. What is a good entry point for Eaton ? It doesn’t seem to want to go down! (Brian) Jim … Read more

Baidu’s Ernie AI chatbot to power Samsung’s new Galaxy S24 smartphones

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Baidu … Read more

Baidu says its ChatGPT rival Ernie bot has more than 100 million users

HANGZHOU, CHINA – NOVEMBER 23: People learn about Baidu’s artificial intelligence (AI) chatbot service ERNIE Bot during the 2nd Global Digital Trade Expo at Hangzhou International Expo Center on November 23, 2023 in Hangzhou, Zhejiang Province of China. (Photo by Wang Gang/China News Service/VCG via Getty Images) China News Service | China News Service | … Read more