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Tag: BIDU

  • China’s Baidu Sees a Rise in Share Price Following the Announcement of ChatGPT Rival

    China’s Baidu Sees a Rise in Share Price Following the Announcement of ChatGPT Rival

    China’s Baidu Sees a Rise in Share Price Following the Announcement of ChatGPT Rival Chinese search giant Baidu has introduced its own AI chatbot, a service similar to ChatGPT that generates text using AI depending on the input it receives. Following the news on Tuesday, the company’s shares had a quick surge of 12% to […]

  • Markets Rise Following Powell’s Comments on Inflation

    Markets Rise Following Powell’s Comments on Inflation

    Main Points On Tuesday, February 7, after Fed Chair Jerome Powell observed that inflation was slowing down but cautioned that more rate rises could be necessary, American markets ended the day higher. The Nasdaq rose 1.9% as a result of a robust response from tech firms, and the S&P 500 and Dow also finished the […]