The Ernie chatbot creator’s sales in the June quarter fell 4% to 32.7 billion yuan ($4.6 billion), weighed down by a slowdown ...

Baidu Inc.’s quarterly revenue fell its most in about three years, hurt by an economic downturn that’s capping its ability to fight bigger rivals in AI and make inroads in newer areas.

“We remain focused on AI initiatives,” co-founder Robin Li said in a statement. But in China’s increasingly crowded AI arena, Baidu faces rivals Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — ...

Three variants of ByteDance’s Seed-OSS-36B open-source model are now available on the AI developer platform Hugging Face.

The favorite stocks of hedge funds have outperformed the broader market this year, and for the first time since 2022, Tesla is one of them, an analysis from Goldman Sachs found. The analysis, based on ...