Baidu, headquartered in Beijing, is a Chinese language internet search provider employing 39,800 people, offering search and AI services through its Baidu Core and iQIYI segments. The company went public on August 5, 2005.
BIDU has been in the news recently: Baidu's shares increased by 10.7% following the launch of two new AI models, including the competitively priced ERNIE X1. This rise in stock value occurred despite a broader decline in the S&P 500 index.
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