BAIDU
Chinese genetic firm Novogene sues US over military designation
Chinese genetic sequencing firm Novogene has initiated legal action against the Pentagon over its military designation. Novogene was added to a list of companies alleged to be supporting Beijing's military as of June. This designation prohibits the Defense Department from directly contracting with these firms, including Alibaba and Baidu. Other Chinese companies have also pursued legal recourse against the Pentagon regarding similar designations.
China's Baidu launches AI model simulating road environment for robotaxis
Apollo World can generate "up to 100,000 km" (62,000 miles) of simulated driving daily, equivalent to about three years of real-world testing by a safety-driver-equipped autonomous vehicle, Baidu said. The system is capable of producing real-time multimodal data streams, such as camera and lidar observations, enabling self-driving systems to directly sense and navigate simulated environments.
US military bans BYD vehicles from strategic air base in Japan
The US military is set to ban vehicles made by Chinese EV maker BYD at Kadena Air Base. This decision arises from concerns regarding security risks posed by the presence of these vehicles. The ban will take effect on an upcoming Monday as reported by a news agency. BYD, which has recently expanded into international markets, did not immediately comment on this decision.
US bans BYD from air base in Japan over security concern: Report
The US armed forces have prohibited Chinese carmaker BYD's electric vehicles from Kadena Air Base in Japan. This decision is based on concerns regarding potential security risks associated with the company's technologies. Vehicles affected include those used by base personnel, contractors, and commercial entities. In June, the US added BYD to a list of companies alleged to support China's military activities.
Nvidia’s share of China AI chip market falls to 34% as Huawei gains ground
Nvidia's share of China's AI chip market dropped to 34% in the first half of 2026 due to US export restrictions. Domestic competitors like Huawei increased their market presence significantly during this period. The total AI accelerator shipments in China reached over 2 million units, with non-GPU shipments surpassing GPU sales for the first time.
Nvidia's China AI-chip share falls as Huawei closes gap, report finds
Nvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies of its products and domestic rivals led by Huawei gained ground, according to an IDC report seen by Reuters.
China AI developers publish safety tests for just 3.6% of model releases, report finds
Only a fraction of the 857 AI models released by Chinese companies have undergone safety testing, with merely 3.6% revealing published evaluation results, according to SemiAnalysis. Amidst rising global concerns regarding the dangers of autonomous AI systems, China's current safety governance framework highlights various risks but fails to impose compulsory standards on developers. This contrasts sharply with US firms, which have provided more thorough safety reports for their AI products.
Global Market: Hong Kong stocks rise as pharma, tech shares lead gains
Hong Kong stocks gained on Tuesday, led by pharmaceutical and technology shares, with the Hang Seng rising 0.78% and Hang Seng Tech Index advancing 0.87%. Biotech firms WuXi Biologics and Sino Biopharmaceutical rallied over 4%. Property stocks remained weak amid residential market concerns, debt pressures and refinancing risks among developers.
Anthropic's Dario Amodei: AI's most visible CEO and enigma
The surge in artificial intelligence and the heated debate around its risks have made Anthropic CEO Dario Amodei the most visible tech leader -- though the 43-year-old remains an enigma. "I think he is one of the great legends in tech and business," says Alex Karp, CEO of data-analytics specialist Palantir.
As Trump hosts China's Xi, nation's rise is the buzzword in land of Dragon
President Xi Jinping's trip to the United States was met with widespread enthusiasm from Chinese state media. The warm welcome he received at the airport and various dignified events underscored China's rising influence globally. Citizens expressed optimism about trade discussions and security cooperation.
In China, the Xi-Trump summit is seen as projecting image of the country's rise
U.S. President Donald Trump held a high-profile meeting with Chinese President Xi Jinping and his wife, Peng Liyuan, in Washington. Chinese state media highlighted this encounter, reflecting a surge in national pride among citizens regarding China's global standing. The summit emphasized a commitment to collaboration on trade and security areas, resulting in a generally favorable shift in public sentiment towards the dynamics of U.S.-China relations.
Trump and Xi see tensions flare over AI, trade and Iran but still seek stability
Trump and Xi are set to meet in Washington as the US-China relationship remains marked by intense competition over AI, trade and technology. The leaders are expected to seek stability rather than a major breakthrough, with Iran, Taiwan and tariffs also on the agenda.
Why Chinese AI firms are suddenly at the centre of US AI crackdown
Chinese AI companies including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun and Z.AI face fresh scrutiny after US agencies accused them of using American AI models to improve their systems through knowledge distillation. Beijing rejected the allegations, calling distillation common practice, as the dispute threatens to deepen tensions between the US and China.
China’s AI capex jumps 105% YoY, but Jefferies says US cloud giants face greater risks
Chinese tech giants sharply increased AI capital expenditure in Q2 2026, driven by inference demand and chip availability. However, Jefferies sees greater sustainability risks in US cloud spending, highlighting rising capex relative to revenue and the challenge of monetising AI infrastructure investments.
ByteDance secures $29.6 billion loan in AI push, sources say
ByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan facility. The funds will primarily support ByteDance's ambitious overseas artificial intelligence expansion plans. This unsecured loan reflects strong lender confidence in the company's creditworthiness. The financing is the second-largest in Asia this year, highlighting sector enthusiasm.
Uber, Wayve begin robotaxi rollout in London's busy streets as Europe takes cautious approach
London is launching its first self-driving taxi service with Uber and Wayve. These electric vehicles will initially have human safety drivers present. The service operates under Britain's pilot framework for autonomous vehicles. Other companies are also preparing similar services in the city. This marks a significant step toward future autonomous vehicle deployment.
Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks shares
Its Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to roll out newer versions of their models.
China's Baidu, betting on AI, posts fifth straight quarterly revenue drop
Revenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-year drop. With cash flows still largely generated by marketing on its search platform, Baidu has suffered in recent years from a pronounced slump in Chinese consumer spending.
Baidu crashes 75% from peak — is China's AI titan in trouble or just on sale?
Baidu stock 2025: Once China's top search engine, Baidu faces challenges. Its stock has declined significantly from its 2021 peak. Online advertising revenue is weakening due to competition from social media. Baidu is investing heavily in AI, cloud computing, and autonomous driving. Its video streaming service, iQiyi, struggles. Analysts predict slow growth for Baidu in the coming years.
Load More
