BIDU May 2024 125.000 call
- Bloomberg
Alibaba sparks China AI price war with spate of steep discounts
Alibaba slashed prices for a clutch of artificial intelligence services by as much as 97%, spurring an immediate response from Baidu Inc. in potentially the start of a price war in China’s nascent AI market.
- Bloomberg
TikTok Parent ByteDance Now Has China’s Most Popular AI Chatbot
(Bloomberg) -- ByteDance Ltd. has overtaken Baidu Inc. in the race to deliver China’s answer to ChatGPT — at least in terms of popularity.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML and TSMC Can Disable Chip Machines If China Invades TaiwanDoubao, the artificial inte
- Investing.com
5 big analyst AI moves: Baidu, Accenture downgraded to Hold
Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Analysts at the investment bank RBC Capital Markets raised their target price on Microsoft (NASDAQ:MSFT) stock from $450 to $500 on Friday, citing positive feedback from their recent investor meetings with Microsoft's Directors of Investor Relations. RBC stressed that AI remains a key growth driver for Microsoft, highlighting that the tech giant continues to make substantial investments in this rapidly developing sector.
