Tuesday, July 22, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
News Wave
No Result
View All Result
Home World

Baidu shares jump 10% following release of new open-source AI models

17 March 2025
in World
0
Baidu shares jump 10% following release of new open-source AI models
Share on FacebookShare on Twitter
How does this make you feel?



Shares of Chinese tech giant Baidu surged 10.7% in Asia following the release of two new AI models, including the latest version of its foundational “Ernie” model and a reasoning model said to rival DeepSeek’s R1. Baidu aims to regain a leading position in China’s AI space, with the new models offering comparable performance at a lower cost, challenging competitors like DeepSeek and Alibaba in the highly fluid AI market. The decision to open-source the models marks a strategic shift for Baidu, as it seeks to establish itself as an industry standard and expand its market share in the AI community.

Full Article

🪄 Creating a simple explanation...

Tags: Alibaba Group Holding LtdBaiduBaidu IncBreaking News: MarketsBreaking News: Technologybusiness newsjumpMarketsmodelsOpenSourcereleasesharestechnology
Previous Post

Hong Kong's leader swipes at Trump but avoids criticism of tycoon's deal to sell Panama Port assets

Next Post

Some PIP recipients may lose out under welfare cuts

Related Posts

Fury as mum-of-six reserves sun beds then leaves Spanish resort for breakfast
UK

Fury as mum-of-six reserves sun beds then leaves Spanish resort for breakfast

by My News Wave
22 July 2025
0

A British mother, Stephanie, faced backlash after she posted a video claiming sunbeds at a hotel pool for her family before leaving for breakfast and shopping in Fuerteventura, Spain. Critics condemned her actions, suggesting hotels should enforce rules against reserving loungers for extended periods, especially when not in use. Want More Context? 🔎

Read more
Peel police announced 12 arrests, 136 charges in multiple home invasions
Canada

Peel police announced 12 arrests, 136 charges in multiple home invasions

by My News Wave
22 July 2025
0

The Peel Regional Police announced a dozen arrests related to 17 violent crimes between May and December 2024, resulting in nearly $2 million in stolen items, including luxury vehicles and jewellery. The operation, dubbed Project Night Train, led to 136 charges including attempted murder, with many victims suffering life-altering injuries, prompting strong condemnation from local officials about the violence and organization behind these crimes. Want More Context? 🔎

Read more
‘They shot patients in beds’ – BBC hears claims of massacre at Suweida hospital
Middle East

‘They shot patients in beds’ – BBC hears claims of massacre at Suweida hospital

by My News Wave
22 July 2025
0

BBC / Jon DonnisonThe outbreak of violence in southern Syria's Druze-majority Suweida province has caused alarm in recent daysSyrian government forces have been accused of a massacre in a Suweida hospital amidst sectarian violence, with reports of over 300 deaths, including patients killed in their beds. Doctors and witnesses describe the horrific scene, emphasizing that the violence targeted the Druze minority, with calls for an investigation into the atrocities. Want More Context? 🔎

Read more
New Jersey federal judges bench Alina Habba as U.S. attorney
USA

New Jersey federal judges bench Alina Habba as U.S. attorney

by My News Wave
22 July 2025
0

Federal judges in New Jersey replaced interim U.S. Attorney Alina Habba with her first assistant, Desiree Leigh Grace, due to Habba's struggles for Senate confirmation amid opposition from the state's Democratic senators. The decision was criticized by Deputy Attorney General Todd Blanche, who accused the judges of pushing a partisan agenda, while Democratic Sen. Cory Booker supported the change for impartial law enforcement. Want More Context? 🔎

Read more
Trump sets 19% tariff on Philippines in new trade deal | International Trade News
World

Trump sets 19% tariff on Philippines in new trade deal | International Trade News

by My News Wave
22 July 2025
0

Details about the agreement, which US President Donald Trump announced on Truth Social, are limitedUS President Donald Trump announced a trade deal with the Philippines, imposing a 19% tariff on Philippine exports while US goods face zero tariffs. Following a meeting with President Ferdinand Marcos Jr., Trump emphasized military collaboration and noted the Philippines' shift away from China, amid ongoing concerns regarding US-China trade tensions. Want More Context? 🔎

Read more
Child, 4, bitten by mountain lion while hiking with family at popular national park
UK

Child, 4, bitten by mountain lion while hiking with family at popular national park

by My News Wave
22 July 2025
0

A mountain lion with a tracking collar attacked a four-year-old child while hiking with family at Olympic National Park in Washington on Sunday. The child was airlifted to a Seattle hospital for treatment, and the animal was subsequently located and killed by park staff, with an investigation into the incident ongoing. Want More Context? 🔎

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Fury as mum-of-six reserves sun beds then leaves Spanish resort for breakfast
  • Peel police announced 12 arrests, 136 charges in multiple home invasions
  • ‘They shot patients in beds’ – BBC hears claims of massacre at Suweida hospital
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In