On the morning of January 2, 2026, the financial markets in Asia and New York reacted with a surge of optimism as Baidu, Inc. (NASDAQ: BIDU; HKEX: 9888) confirmed a long-rumored strategic move: the confidential filing for a Hong Kong initial public offering (IPO) of its artificial intelligence chip subsidiary, Kunlunxin. The news sent Baidu’s [...]
A monumental breakthrough in artificial intelligence has been announced, as quantum language models (QLMs) have successfully demonstrated generative performance on real quantum hardware. This achievement marks a pivotal moment, moving quantum AI beyond theoretical discussions and simulations into tangible, operational systems. The development signals a significant step towards unlocking unprecedented capabilities in natural language processing [...]
iQIYI's Q3 2025 earnings beat profit forecasts despite a slight revenue miss. The Chinese streamer showed improved cost control and a focus on overseas growth and AI.
iQIYI (IQ) reported Q2 2025 results with revenue of $925.3M, missing estimates. The company's loss per share was narrower than expected, but a revenue decline drove a negative market reaction.
