Baidu, Inc. Price & Performance (BIDU)

Baidu has launched ERNIE 4.5 Turbo and ERNIE X1 Turbo, touting multimodal capabilities and strong reasoning at a fraction of competitors’ prices. The company’s new models deliver faster responses and lower costs, aiming to accelerate AI adoption among developers as competition in China’s AI sector intensifies.123

Major institutional investors have increased their holdings in Baidu, signaling confidence despite recent stock fluctuations. While the share price has seen highs and lows, Baidu’s diversified business—including search, AI, and streaming—offers resilience. Some analysts remain cautious, noting volatility and recent downgrades by firms such as Nomura.45

Baidu activated a 30,000-strong P800 Kunlun chip cluster, enabling training of massive AI models and supporting simultaneous fine-tuning for thousands of clients. This hardware leap, paired with new model launches, underlines Baidu’s ambition to lead China’s AI sector as focus shifts from model development to practical applications.67