Baidu Inc.
Coverage of Baidu Inc. in the Nexus archive.
- US targets China’s military-tech firm ties while forging its own
The US is targeting Chinese tech firms Alibaba, Baidu, and BYD over military-tech ties, while both nations increasingly rely on private-sector innovation for military advantage. The Department of Defense designated these companies, reflecting growing US-China competition in technology and security.
- Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military
The Pentagon accused Alibaba, Baidu, and BYD of supporting the Chinese military, updating its 1260H list of companies aiding the People’s Liberation Army. The move, which includes Tencent and two Chinese memory chipmakers, triggered stock declines and could precede trade restrictions, though the companies have denied supporting the military.
- China's 'Seven Titans' tech stocks slump as deflation overpowers AI boom
China's 'Seven Titans' tech stocks have declined as deflationary pressures outweigh the AI boom's positive impact. The slump highlights economic challenges overshadowing advancements in artificial intelligence.