Baidu

Business

Baidu, OpenAI Offer Free AI Chatbot Services Amid Deepening Competition
BySamod Biobaku February 21, 2025February 16, 2025

Chinese tech giant Baidu has announced that it will make its Ernie Bot AI chatbot completely free for users, intensifying the race among global AI developers. The move comes in response to rising competition, particularly from emerging startup DeepSeek, which has gained attention with its cost-efficient, high-performance AI models. In a statement posted on WeChat,…

Read More Baidu, OpenAI Offer Free AI Chatbot Services Amid Deepening Competition
Brands | Business

Baidu’s $3.6 Billion Joyy Deal Collapses, Dealing a Setback to Live Streaming Expansion Plans
BySamod Biobaku January 2, 2024January 1, 2024

Chinese tech giant Baidu faces a setback in its ambitions to expand its live streaming business in China and diversify revenue streams as it calls off a planned $3.6 billion acquisition with Joyy (YY), the Nasdaq-listed owner of the popular live streaming platform YY Live. On Monday, Baidu announced the termination of the 2020 agreement…

Read More Baidu’s $3.6 Billion Joyy Deal Collapses, Dealing a Setback to Live Streaming Expansion Plans