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Baidu launched a number of AI applications after his Ernie Chatbot received a public approval.
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Chinese technological gigan Bake On Wednesday, Hong Kong rally in Hong Kong when the company increases artificial intelligence plans and partnerships.
The stock at a firm based in Beijing, which holds the dominant position in the Chinese search engine market, received 9% for the night in trade.
Strong stock performance comes after Baidu has provided a transaction related to AI with China Merchants Group, a large state -owned enterprise oriented in transport, finance and property development earlier this week.
“Both sides plan to focus on the use of large language models, agents of the II and” digital staff “, promising to achieve scalable and sustainable progress in industrial intelligence based on real business scenes,” the Baidu said in CNBC.
Baidu aggressively engaged in its business AI, which includes a popular big linguistic model and AI Chat Bot Ernie Bot.
On Tuesday Company disclosed 4.4 billion yuan ($ 56.2 million), which are offered in 2029 during the course to help grow military breasts because it seeks to compete in the competitive space in China.
Other Chinese players AI like Favorable Also raising funds, including through the sale of debt this year when they pour billions into their capabilities.