Baidu's newest AI model Ernie 4.0 fails to wow investors, but analysts maintain 'buy' ratings
Publishing timestamp: 2023-10-18 01:23:15
Summary
Baidu's stocks did not perform well despite positive analyst sentiment towards their new AI model, Ernie 4.0. The model was showcased at Baidu World 2023 and demonstrated its improved capabilities in various tasks. However, investors remained concerned about long-term issues and risks facing Baidu's AI business. The article also mentions the U.S. ban on exporting AI chips to China and Washington's efforts to limit China's access to high-tech semiconductor chips.
Sentiment: MIXED
Tickers: BIDU,
Keywords: baidu inc, breaking news: technology, business news, internet, technology, asia economy,