Dahua Jixian released a report stating that the 2024 Baidu Cloud Zhidahui Conference will be held in Beijing on September 25th to 26th. Baidu upgraded its Qifan Large Model Platform 3.0 and AI Computing Platform 4.0, two key AI infrastructure, focusing on computing power, Large Language Models (LLM), and AI applications. At the same time, the company also strengthened three native AI applications. The brokerage roughly maintains its forecast for Baidu, raising the target price from HK$85 to HK$90, and maintaining a "hold" rating.
大行评级｜大华继显：上调百度目标价至90港元 维持“持有”评级
Dahua continues to show that it has raised the target price of baidu to 90 Hong Kong dollars and maintained a 'hold' rating.
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