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BIDU-SW Rallies 8%+ Reportedly Using Proprietary AI Chips for Model Training
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Alibaba and Baidu are purportedly using their proprietary AI chips for model training. BIDU-SW (09888.HK) opened 3.8% higher this morning and expanded its gains, reaching as high as HK$119.7 during the session, surging by 12.4% at one point. It last stood at HK$115.6, up 8.5%, with a turnover of HK$3.796 billion. BABA-W (09988.HK) saw its stock price peak at HK$153.8, soaring by 7.3% at one point, and last posted at HK$151.4, up 5.7%, with a turnover of HK$16.5 billion. Alibaba and Baidu started using their own AI chips to train AI models, according to a report by The Information. Alibaba purportedly began using its chips earlier this year to train smaller models, utilizing the Zhenwu processing unit, while Baidu is still experimenting with its internally designed Kunlun P800 chip to upgrade its Ernie model. Last month, The Information had reported that Chinese company DeepSeek chose Huawei's chips for its AI models to reduce reliance on Western chip manufacturers. AASTOCKS Financial News Website: www.aastocks.com |
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