Welcome to our dedicated page for Baidu news (Ticker: BIDU), a resource for investors and traders seeking the latest updates and insights on Baidu stock.
Baidu, Inc. reports developments across its AI-focused internet business, including search and online marketing services, AI Cloud Infra, AI applications, AI-native Marketing Services and autonomous driving. Company updates also cover Apollo Go ride-hailing deployments, Baidu AI Cloud products such as DuClaw and OpenClaw access, and operating performance across Baidu Core activities.
Baidu news also includes financial-results announcements, annual meeting materials, Form 20-F filing notices, share repurchase and dividend policy actions, and ADR-related context. The company trades on Nasdaq as BIDU and on the Hong Kong Stock Exchange, with each Baidu ADS representing eight Class A ordinary shares.
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Baidu announced significant advancements in its Apollo smart driving solutions during an automotive intelligence conference in Beijing on April 16, 2023. By 2026, it predicts that 15% of smart cars will feature its L2+ level intelligent driving capabilities. The Apollo City Driving Max has been upgraded with a lightweight HD map, while Apollo Highway Driving Pro will launch on Black Sesame Semiconductor's Huashan II A1000 chip in Q3. Baidu's systems now support 134 models across 31 brands, totaling over 7 million vehicles. The launch of the Baidu Apollo Self Driving Openness White Paper introduces four key capabilities aimed at enhancing collaboration with car manufacturers. These measures will streamline the integration of intelligent driving in vehicles, helping establish a new car-manufacturing supply chain.
36Kr Holdings Inc. (NASDAQ: KRKR) announced the adoption of AIGC technology to enhance its content ecosystem. This transition is expected to significantly boost content production efficiency and reduce costs, with the text-to-image function promising to cut image generation costs dramatically. The technology will facilitate faster text creation and translation, saving on editing resources. Additionally, the 36Kr Enterprise Service Review Platform has seen a more than 90% improvement in user interaction through AIGC integration. Furthermore, 36Kr has joined Baidu's (NASDAQ: BIDU) ERNIE Bot ecosystem, positioning itself as an industry leader in leveraging AIGC for content production.
Baidu, Inc. (NASDAQ: BIDU) announced on March 22, 2023 that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission. This report is available on the Company’s investor relations website. Shareholders and ADS holders can request a hard copy of the report containing audited consolidated financial statements at no cost. Additionally, Baidu published a Hong Kong Annual Report today, containing similar information, compliant with HKEx regulations.
Baidu has achieved a significant milestone by becoming the first company globally to receive a permit for fully driverless robotaxi services in Beijing. This permits Baidu to deploy a fleet of 10 autonomous vehicles in the Yizhuang Economic Development Zone. As the only operator providing fully driverless ride-hailing in multiple cities across China, including Wuhan and Chongqing, Baidu's Apollo Go service is experiencing rapid growth, delivering over 561,000 rides in Q4 2022 alone. The company holds over 4,600 patents in this field and aims to create the world's largest driverless ride-hailing area in 2023.