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Dec 28, 2023 11:53 PM - Davit Kirakosyan(Last modified: Dec 29, 2023 5:45 AM)
Image credit: FMP
Baidu’s (NASDAQ:BIDU) AI model, known as Ernie Bot internationally and as Wenxin Yiyan in China, recently surpassed a user base of over 100 million. Bloomberg reported that Baidu's Chief Technology Officer, Wang Haifeng, announced this achievement at a recent conference.
The model's user count surged rapidly within just two months of its launch in 2023, underscoring its appeal and contribution to the development of large language models (LLMs). Following the rapid expansion of generative AI technologies, the Chinese government's State Internet Information Office, along with six other departments, has implemented provisional rules to regulate services centered around AI.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...