Baidu shares jump 10% following release of new free-to-use AI models

• Baidu, once China’s generative AI leader, is battling to regain its position

  Baidu has released two new open-source AI models, including a reasoning model, as it vies to regain a leading position in China’s AI space.
  
  CNBC - 18h

• Chinese shares turn positive for the year

  CSI 300 jumps after Beijing announces consumption plan amid growing hopes for the country’s AI sector
  
  Financial Times - 4d

• Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI

  Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs.
  
  CNBC - Mar. 11
• 

  Mistral AI drops new open-source model that outperforms GPT-4o Mini with fraction of parameters

  France's Mistral AI launches efficient open-source model that outperforms Google and OpenAI offerings with just 24 billion parameters, challenging U.S. tech giants' dominance in artificial ...
  
  VentureBeat - 1d

• Inside Google's Gemma 3 AI model

  Google says its new Gemma 3 AI model can tackle more challenges while using just one GPU. Emilia David, senior AI reporter for VentureBeat, joined CBS News to discuss the new product.
  
  CBS News - 4d
• 

  S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares

  The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares.
  
  NBC News - 6d
• 

  Majority of Americans have used AI models like ChatGPT: Survey

  A majority of Americans have used ChatGPT-like artificial intelligence (AI) models according to a new survey. In the survey from Elon University’s Imagining the Digital Future Center, 52 percent ...
  
  The Hill - 5d

• Adobe shares drop 14% as concerns about AI growth overshadow better-than-expected results

  Adobe shares fell on Thursday as investors fretted over lingering growth concerns and the company's artificial intelligence monetization strategy.
  
  CNBC - 5d
• 

  Over half of American adults have used an AI chatbot, survey finds

  Artificial intelligence technology is becoming increasingly integral to everyday life. 52% of U.S. adults have used AI large language models like ChatGPT.
  
  NBC News - 6d

More from CNBC

• Nvidia announces Blackwell Ultra and Rubin AI chips

  Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late 2022.
  
  CNBC - 6h

• Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'

  The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.
  
  CNBC - 1h

• Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS

  Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.
  
  CNBC - 1h

• Google-Wiz deal is 'litmus test' for Trump administration's handling of Big Tech

  After Google agreed to buy security software vendor Wiz for $32 billion on Tuesday, the Trump administration will get an early chance to weigh in on Big Tech.
  
  CNBC - 4h

• The Fed will update its rate projections Wednesday. Here's what to expect

  If market pricing is correct, there's virtually no chance central bank policymakers budge from the current level of their key interest rate.
  
  CNBC - 5h

More in Business

• Investors are on edge about potential changes to the Fed’s balance sheet plan

  Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed’s ongoing runoff ...
  
  MarketWatch - 57m

• Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'

  The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.
  
  CNBC - 1h

• Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS

  Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.
  
  CNBC - 1h
• 

  Tesla Wins California Permit to Begin Offering Rides

  The limited regulatory approval is an early step toward Elon Musk’s goal of offering a Tesla self-driving taxi service.
  
  The New York Times - 1h
• 

  Hollywood Filmmaker Charged With $11 Million Conspiracy to Defraud Netflix

  Prosecutors say Carl Erik Rinsch used funds for a science-fiction series for personal investments. An arbitrator ruled in Netflix’s favor last year.
  
  The New York Times - 2h