Baidu shares are trading higher following a report suggesting the company won China's approval for AI models.
Portfolio Pulse from Benzinga Newsdesk
Baidu has reportedly received approval from China for its AI models, leading to a rise in its share prices.
August 30, 2023 | 3:49 pm
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Baidu's shares are trading higher following China's approval for its AI models.
The approval from China for Baidu's AI models is a significant regulatory milestone for the company. This approval could potentially open up new opportunities and markets for Baidu, leading to increased investor confidence and a rise in its share prices.
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