Alibaba and Baidu Cash Out on Quantum Computing Stakes

Alibaba and Baidu Cash Out on Quantum Computing Stakes

Chinese tech giants Alibaba and Baidu have pulled out of the quantum computing race after shutting down their research units just over a month apart from each other. But experts say it would be premature to read this any marked cooling of China’s overall interest in quantum computing. Last November, the e-commerce and cloud computing …

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China’s Nvidia Contender Cambricon Tech Struggles To Push Chinese-Made AI Chips as It Marks 7th Consecutive Year of Losses – China Money Network

China’s Nvidia Contender Cambricon Tech Struggles To Push Chinese-Made AI Chips as It Marks 7th Consecutive Year of Losses – China Money Network

Cambricon Technologies, a company ambitiously striving to become China’s Nvidia and once hailed as the pioneer of artificial intelligence (AI) chip development in the country, is anticipating a net loss ranging from 756 million to 924 million yuan for 2023. This marks the seventh consecutive year of losses for the company. After undergoing multiple rounds …

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Baidu partners with Lenovo in third China AI smartphone deal

Baidu partners with Lenovo in third China AI smartphone deal

By Josh Ye HONG KONG (Reuters) – China’s Baidu has partnered with Lenovo to feature its generative artificial intelligence (AI) technology on Lenovo’s smartphones, in the latest team up with a phone manufacturer as it seeks practical applications for its AI model. A spokesperson for Beijing-based Baidu told Reuters this week that the partnership involves …

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Samsung to integrate Baidu’s AI model into new Galaxy S24 handsets, as mainland Chinese rivals push new smartphones with similar tech

Samsung to integrate Baidu’s AI model into new Galaxy S24 handsets, as mainland Chinese rivals push new smartphones with similar tech

Samsung Electronics has teamed up with Baidu to integrate the Chinese internet giant’s large language model (LLM) – the technology behind chatbots like ChatGPT – into the South Korean company’s latest flagship 5G device, marking a renewed push into the world’s largest smartphone market where domestic rivals are set to launch handsets with artificial intelligence …

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Samsung’s AI features on the Galaxy S24 in China reportedly ditch Google for Baidu

Samsung’s AI features on the Galaxy S24 in China reportedly ditch Google for Baidu

The Samsung Galaxy S24 isn’t taking Google’s Gemini AI with it to China. CNBC reported Friday that the Chinese version of the flagship phone uses Baidu’s Ernie chatbot to power the phone’s AI-powered features. Ernie arrived last August after reportedly receiving Chinese government approval. “Now featuring Ernie’s understanding and generation capabilities, the upgraded Samsung Note …

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Baidu Denies Report of Military Ties After Shares Plummet

Baidu Denies Report of Military Ties After Shares Plummet

(Bloomberg) — Baidu Inc. plunged its most in more than a year after a report linked its Ernie AI platform to key military research, spurring concerns about retaliation from Washington. Most Read from Bloomberg The search engine firm, generally considered one of China’s leaders in artificial intelligence development, fell as much as 10% Monday, deepening …

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Baidu to donate quantum computing lab, equipment to Beijing institute

Baidu to donate quantum computing lab, equipment to Beijing institute

BEIJING (Reuters) – China’s Baidu plans to donate a quantum computing laboratory and equipment to the government-backed Beijing Academy of Quantum Information Sciences (BAQIS), a company spokesperson said on Wednesday. Both parties are currently working out the details, the spokesperson added. Baidu’s move followed that of its peer Alibaba, which in November had said it …

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OpenAI’s ChatGPT took the AI world by storm a year ago and China is still playing catch-up as US piles on the pressure

OpenAI’s ChatGPT took the AI world by storm a year ago and China is still playing catch-up as US piles on the pressure

LLMs are deep-learning AI algorithms that can recognise, summarise, translate, predict and generate content using very large data sets. While the arrival of ChatGPT has spurred a frenzy among Chinese tech companies to develop domestic rivals, from Baidu’s Ernie Bot to Alibaba Group Holding’s LLM Tongyi Qianwen, the field is still led by US companies, …

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Nvidia: How looming ‘chip ban’ in the US means $5 billion windfall for Nvidia

Nvidia: How looming ‘chip ban’ in the US means  billion windfall for Nvidia

China-based internet giants, including Baidu, ByteDance, Tencent, and Alibaba, are in a rush to acquire high-performance chips necessary for building generative artificial intelligence (AI) systems. Financial Times reports that these Chinese companies have placed orders for $5 billion worth of chips. The frenzy to acquire chips is driven by fears of potential new export sanctions …

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