Baidu's market capitalization fell to roughly $31 billion after its shares dropped 12.73% to $90.87 on August 18, following second-quarter results that showed a 68% net income decline to Rmb 2.3 billi…
Google is shifting its AI strategy in China, focusing on open-source models and partnerships to compete with domestic rivals like Alibaba and Baidu, according to a Financial Times report. The company …
Baidu reported second-quarter net profit attributable to shareholders fell 68% to RMB 2.32 billion on revenue of RMB 31.3 billion ($4.6 billion), down 4% year over year, while GPU cloud revenue surged…
Baidu management said Wenxin will return to the top tier of the AI industry and plans to complete its primary listing in Hong Kong by the end of this year, according to the company's second-quarter ea…
Tencent, the $513 billion tech giant, could leap from AI laggard to leader, according to a Breakingviews analysis, thanks to booming gaming and advertising cash flow that rivals lack. The report comes…
Baidu executives told investors on its Q2 earnings call that Chinese customers are increasingly seeking domestic AI chips due to constrained supply, boosting confidence in its Kunlunxin chip business.…
World Liberty Financial, backed by President Donald Trump, is collaborating with Hong Kong-based AI company WorldClaw, which offers 43 Chinese-developed AI models out of 90, including from Alibaba, Ba…
Baidu's second-quarter revenue missed analyst expectations as advertising revenue declined, raising questions about the company's AI-driven growth thesis. The Chinese tech giant reported Q2 revenue of…
World Liberty Financial, the Trump-backed DeFi protocol, said WorldClaw, an AI model aggregator, operates independently, but WLFI holds a 38% stake and earns revenue from transactions using its USD1 s…
A Hong Kong-based AI marketplace called Worldclaw, which lists 43 Chinese-built models among its 90 offerings, is under scrutiny because it accepts World Liberty Financial's $USD1 stablecoin and the T…
Pony AI's robotaxi revenue hit a quarterly record of $12.1 million in Q2 2026, a 691.2% year-over-year increase, now accounting for 33% of total revenue. Total revenue rose 68.8% to $36.2 million, dri…
Baidu reported a 4% year-on-year decline in second-quarter revenue to 31.3 billion yuan (US$4.62 billion), missing the 31.6 billion yuan consensus estimate, as online marketing revenue fell 19% to 13.…
Apple has reportedly trained a China-specific large language model with assistance from Alibaba, marking a shift from its earlier plan to rely solely on third-party Chinese AI models for Apple Intelli…
Billionaire investors Stanley Druckenmiller and David Tepper reshuffled their Chinese technology stock holdings in the second quarter, with Druckenmiller's Duquesne Family Office buying 88,200 Baidu A…
World Liberty Financial, the crypto venture co-founded by members of President Donald Trump's family, is collaborating with Hong Kong-based AI gateway WorldClaw, which offers 43 of its 90 models from …
World Liberty Financial, the crypto venture backed by President Donald Trump, is partnering with Hong Kong-based AI platform WorldClaw, which offers access to roughly 90 AI models, including 43 from C…
As of mid-2026, the European Union and China have signaled intent to regulate autonomous AI agents but lack implementation guidance, while the U.S. federal government has provided no specific rules, l…
World Liberty Financial, the crypto venture backed by President Donald Trump, is partnering with Hong Kong-based AI platform WorldClaw, which offers access to 43 Chinese-developed AI models from compa…
President Donald Trump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers AI models from Chinese companies flagged by the U.S. administration for national sec…
On July 15, 2026, the Cyberspace Administration of China registered Apple's generative AI service, making Apple the first foreign company authorized to offer a proprietary AI model in China. According…