China’s Baidu upgrades Ernie AI models and slashes prices

(Bloomberg) — Baidu Inc. unveiled upgrades to its flagship AI models and slashed their prices as it looks to take on rivals like Alibaba Group Holding Ltd. and DeepSeek in China’s increasingly competitive artificial intelligence market.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just About MoneyTo Fuel Affor