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 - 10h

• 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 - 22h

• 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 - 5d
• 

  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 - 4d
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  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 - 5d

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  Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal
  
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  The company promised better returns than the stock market, with a co-founder appearing in TikTok videos with wads of cash alongside an image of Warren Buffett.
  
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• Wall Street analysts defend Capital One stock after Monday's selloff. Here's where we stand

  KBW maintained its buy-equivalent rating on Capital One, calling Monday's market reaction to the report "overblown."
  
  CNBC - 12m

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  GM and Nvidia have inked new deals that include the carmaker utilizing several AI services from the tech giant for its vehicles, ADAS and factories.
  
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• The Apple iPhone privacy battle in the UK that may set a new dangerous government surveillance standard

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