Baidu's Hong Kong shares rose over 3% today, while Baidu (BIDU.US) Pre-Market Trading increased by 1.43%, reporting $87. According to reports, Apple is in talks with Tencent and ByteDance to integrate their AI models into iPhones sold in mainland China. Previously, the market generally believed Baidu was Apple's partner, but cooperation between both parties has become strained due to disagreements over technology and privacy issues. However, according to the latest news, in light of this situation, Baidu may reassess its strategy in an effort to regain this Substantial Order valued at over $10 billion. Additionally, the State Grid Corporation recently released a large model for the Electrical Utilities Industry called 'Bright Big Model' and signed a strategic cooperation agreement with Baidu.
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百度盘前涨1.4% H股收涨逾3% 有望调整策略挽回苹果大单
Baidu's Pre-Market Trading rose by 1.4%, and H shares closed up over 3%, expecting to adjust strategy to regain Apple's Substantial Order.
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