Baidu's AI Chatbot Ernie Bot Records Over 200 Mln Users

Alibaba, Baidu Invest In Intel-Backed Horizon Robotics' IPO

Horizon Robotics, a Chinese developer of artificial intelligence chips used in autonomous driving systems, is seeking to raise as much as HK$5.4 billion or around $696 million in its Hong Kong initial public offering. According to its listing document, Chinese majors Alibaba Group Holding Ltd. and Baidu Inc. are investing in the IPO of the firm, which is backed by tech major Intel Corp.

RTTNews | vor 254 Tagen

Baidu To Expand Fully Driverless Ride-Hailing Service Area

Chinese Internet company Baidu.com Inc. said it plans to build the world's largest autonomous ride-hailing service area in 2023, maintaining its growth momentum. The company, which offers autonomous ride-hailing platform Apollo Go, outlined its plans during its autonomous driving tech event, Apollo Day. Further, a series of new autonomous driving technology breakthroughs were revealed.

RTTNews | vor 941 Tagen

Baidu Swings To Profit In Q2, But Revenue Down 5%

Chinese Internet company Baidu.com reported Tuesday a profit for the second quarter compared to a loss last year, which was weighed down by a hefty fair value loss from long-term investments. The company said it continued to optimize costs and enhance operational efficiency.

RTTNews | vor 1032 Tagen

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June. The University of Michigan said its consumer sentiment index for June was upwardly revised to 60.7 from a preliminary reading of 60.5.

RTTNews | vor 26 Minuten

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates

While the Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May, the report also showed core consumer prices rose by slightly more than expected. The report said the personal consumption expenditures (PCE) price index inched up by 0.1 percent in May, matching the uptick seen in April.

RTTNews | vor 50 Minuten

Eurozone Economic Sentiment Falls Unexpectedly

Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.8 in May. The score was forecast to rise to 95.1. The industrial confidence index posted -12.0 in June, down from -10.4 a month ago.

RTTNews | vor 1Std 56 Minuten

Bay Street May Open On Positive Note

Canadian shares look headed for a higher start Friday morning, thanks to positive global cues amid easing trade tensions after the U.S. struck a deal with China to expedite rate earth shipments.

RTTNews | vor 2Std 2 Minuten

Coleman Co. Recalls 229K Converta Camping Cots, Stretchers

Atlanta, Georgia-based Coleman Co., Inc. is recalling about 228,760 units of Converta camping cots and Converta camping suspension stretchers citing laceration and amputation, according to the U.S. Consumer Product Safety Commission. The recall involves Coleman Converta camping cots with model numbers 2000003077 and 2000020282, and Coleman Converta camping suspension stretchers with model number

RTTNews | vor 2Std 12 Minuten

EURUSD	1.17187	GBPUSD	1.37156	AUDUSD	0.65284
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Baidu's AI Chatbot Ernie Bot Records Over 200 Mln Users